AMZN Trade on Aug 30, 2021 15:44 from Marius: Tradervue User Stock Trades.

This week followed with continued bullish sentiment from the end of last week. This week opened into a new month of trading and into labor day weekend. Historically a lower volume week with traders off and returning after Labor Day. Opportunities still came up in the markets and with notable jobs data that came in lower than expected. The FED is keeping these data as important insights to the eventual tapering timeline. This currently is being priced in as bullish with the current under target reporting and bids in the market.

Fundamentals In Play Analysis

Amazon had two news events that took place on Friday and on Monday. The former was news related to backed EV maker Rivian confirming IPO. Amazon has invested in having their delivery fleet made by this company. This looks to be beneficial mutually and something with future fundamental related changes. The latter news was more notable with a partnership with Affirm which enable consumer a BNPL option on purchases through Amazon. The BNPL space has been gaining traction as companies adopt to the new business model with consumer purchasing trends.

Quantitative Analysis

Intraday Fundamentals

RVOL 0.87
AVOL 3.26M
ATR 57.96
Beta 1.14
Volatility 1.35% 1.50%
Short Float 1.16%
Shs Float 437.46M
Inst Own 59.50%
Market Cap 1.68T

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 1.78
IV 22.36
IVP 19%
P/C 0.516
VWAP 3416.354

Options Positioning

OI 440 319
VOL 303 115
Delta -.01 -.01
Theta -.36 -.26
Vega .12 .08
Gamma .00 .00
Prob T 2.80% 1.74%
Prob ITM 1.41% 0.88%
MMM +/- 64.955
IV Series 20.84%

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(B) setup / (B) execution. 1/2RP, very conservative positioning, ~19% allocation. Appropriate risk applied on trade w/ current parameters. This was more a technical play with news. I thought this was good news for changing fundamentals. I would like to see more RVOL in these trades to confirm the thesis and add on risk. That is something to look for in future trades.