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AMZN Jan 2025 270.000 put
| Previous close | 85.39 |
| Open | 85.39 |
| Bid | 83.20 |
| Ask | 84.30 |
| Strike | 270.00 |
| Expiry date | 2025-01-17 |
| Day's range | 85.39 - 85.39 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
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Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.
