Options Corner: Analyzing AMZN Underwhelming Price Action to Start 2026

Schwab Network (ex‑TD Ameritrade Network)
Schwab Network (ex‑TD Ameritrade Network)Mar 25, 2026

Why It Matters

Even with strong cloud fundamentals, Amazon’s flat stock price creates limited‑risk option opportunities, guiding investors on capitalizing before the upcoming earnings catalyst.

Key Takeaways

  • Amazon up only 2% YTD despite strong analyst targets
  • AWS growth hit 24% highest in 13 quarters
  • 50‑day moving average crossed below 200‑day, signaling potential weakness
  • Proposed $210/$225 call vertical costs $6.50 debit per share
  • Break‑even around $225, modest 3% upside needed within month

Summary

The video from Options Corner dissects Amazon's muted price action entering 2026, despite bullish analyst forecasts and recent AWS growth.

Hosts note Amazon’s stock is up merely 2% year‑to‑date, a stark contrast to 120% gain over three years; technicals show a death‑cross as the 50‑day MA fell below the 200‑day near $225, and volatility mirrors broader tech pullback.

They cite JPMorgan’s 29% AWS growth projection and outline a specific trade: buying an at‑the‑money 210‑strike call and selling a 225‑strike call for a $6.50 debit, yielding a break‑even near $225 and a modest 3% upside.

The analysis suggests traders can capture limited upside before the April earnings report while managing risk, highlighting how option strategies can profit from modest moves despite broader market stagnation.

Original Description

Amazon (AMZN) became the target of multiple price target adjustments Wednesday as the Mag 7 stock struggles to get traction in 2026. Tom White turns to Amazon's muddled price action and highlights areas where shares can rebound and rebuild a path toward all-time highs. He then offers an example options trade for Amazon.
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