Alright, guys – here's the scoop on Amazon (AMZN) right now based on the latest GEX map and price action.
🧠 GEX Setup:
We’re seeing solid call gamma buildup from 213 → 220, and a strong positive NET GEX wall near 215–217. That tells us market makers might start pushing price toward those high-gamma zones to hedge, especially above 213. Gamma support kicks in from 210 down to 207, so bulls have a nice cushion below.
👉 IVR 7.1 is low, and calls flow is healthy at 4.2%, meaning option premiums are still pretty cheap – great time to consider buying options before a possible breakout push.
🎯 Options Strategy:
If you're looking to catch the upside gamma move:
* ✅ Buy CALLs around 213–215 strike
* 🎯 Target 217.5 or 220+
* ⛔ Stop below 210 or HVL zone
You want to be in before the gamma snowball effect starts pulling price up.
🧩 Price Action & Smart Money Structure:
The 1H chart is showing strong SMC structure:
* BOS confirmed ✅
* Higher low forming
* Choppy flag forming just under resistance — could break out soon
We have clear liquidity above 214–217 (old OB zone), so price may hunt that next. There’s a big imbalance left from the selloff — if we get a retest of the green OB at 210–211 and hold, that's your confirmation for a solid long entry.
📌 Trade Idea Summary:
* Bias: Bullish short-term
* Entry Zone: 211–213
* Target Zone: 217.5 → 220
* Stop: Below 208
* Option Play: Calls (1–2 DTE or next week)
If 213 holds and volume picks up, we could ride the gamma wave right into those high OI strikes. 🔥
Disclaimer: This is not financial advice. Just one trader’s view using GEX and smart money price action. Always manage risk and size appropriately.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.