🧠 GEX Analysis & Option Strategy:
* Gamma Wall / Resistance: $225
* Next Major Call Walls: $227.5 → $230 → $235
* Call Side Dominance: 13.3% Calls, low IVR at 27.4, IVx avg 38.9
* Put Support: $217.5 / $213.5
* GEX Bias: Mildly bullish bias above $225 — price is floating at Gamma Wall.
🟢 Bullish Option Play:
* Scenario: A breakout above $227.5 could ignite a gamma squeeze to $230–$235.
* Strategy:
* Buy AMZN 230C (7/19 or 7/26 expiry) on breakout above $227.6
* Stop: Break below $224
* Target: $230 → $234
* Lower IV makes calls cheaper; strong momentum + low IV = favorable R/R.
🔴 Bearish Hedge:
* Scenario: Rejection at $227.5 and fall below $224 zone
* Strategy:
* Buy AMZN 220P or 217.5P (7/19 expiry) if price breaks below $224.
* Target: $217 → $213
* Only valid if we break structure below trendline and BOS flips.
📈 1-Hour Chart Technical Outlook (Smart Money Concepts):
* CHoCH → BOS → Retest is confirming bullish structure.
* Price broke out of prior range (purple box around $224–$225).
* Current Setup: Minor pullback to the OB or top of range ($224.5–$225) is underway.
* Structure favors retest long entries unless we break the ascending trendline.
Key Levels:
* Support Zones:
* $224.50 (retest demand/OB)
* $222.26 (ascending trendline + structure confluence)
* Resistance Targets:
* $227.5 → $230 → $232.5 (GEX targets)
📌 Long Setup:
* Entry: $224.6–$225 (on OB retest)
* Stop: $222.25
* Target: $230–$232.5
* Confirmation: Look for bullish candle at the retest zone
⚠️ Bearish Scenario:
* If price fails $224 and breaks structure at $222.25, anticipate reversal into $219.70–$217 zone. Watch price reaction there for potential swing support.
🧭 Thoughts & Summary:
* AMZN has triggered a clean BOS and now consolidates just under a GEX breakout level.
* The next move will likely be decided early in the session — either a strong push through $227.5 → gamma ramp toward $230+, or failure and fade back toward $222–$219.
* Call buyers may find a good breakout play while keeping tight stops under the OB.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
* Gamma Wall / Resistance: $225
* Next Major Call Walls: $227.5 → $230 → $235
* Call Side Dominance: 13.3% Calls, low IVR at 27.4, IVx avg 38.9
* Put Support: $217.5 / $213.5
* GEX Bias: Mildly bullish bias above $225 — price is floating at Gamma Wall.
🟢 Bullish Option Play:
* Scenario: A breakout above $227.5 could ignite a gamma squeeze to $230–$235.
* Strategy:
* Buy AMZN 230C (7/19 or 7/26 expiry) on breakout above $227.6
* Stop: Break below $224
* Target: $230 → $234
* Lower IV makes calls cheaper; strong momentum + low IV = favorable R/R.
🔴 Bearish Hedge:
* Scenario: Rejection at $227.5 and fall below $224 zone
* Strategy:
* Buy AMZN 220P or 217.5P (7/19 expiry) if price breaks below $224.
* Target: $217 → $213
* Only valid if we break structure below trendline and BOS flips.
📈 1-Hour Chart Technical Outlook (Smart Money Concepts):
* CHoCH → BOS → Retest is confirming bullish structure.
* Price broke out of prior range (purple box around $224–$225).
* Current Setup: Minor pullback to the OB or top of range ($224.5–$225) is underway.
* Structure favors retest long entries unless we break the ascending trendline.
Key Levels:
* Support Zones:
* $224.50 (retest demand/OB)
* $222.26 (ascending trendline + structure confluence)
* Resistance Targets:
* $227.5 → $230 → $232.5 (GEX targets)
📌 Long Setup:
* Entry: $224.6–$225 (on OB retest)
* Stop: $222.25
* Target: $230–$232.5
* Confirmation: Look for bullish candle at the retest zone
⚠️ Bearish Scenario:
* If price fails $224 and breaks structure at $222.25, anticipate reversal into $219.70–$217 zone. Watch price reaction there for potential swing support.
🧭 Thoughts & Summary:
* AMZN has triggered a clean BOS and now consolidates just under a GEX breakout level.
* The next move will likely be decided early in the session — either a strong push through $227.5 → gamma ramp toward $230+, or failure and fade back toward $222–$219.
* Call buyers may find a good breakout play while keeping tight stops under the OB.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
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.