AMZN earnings today, Thursday 10/26, at 4pm. Amazon (AMZN) reported earnings of 0.63 per share on revenue of 134.38 billion for the second quarter ending June 2023. The consensus earnings estimate was 0.34 per share on revenue of 131.42 billion. The company beat expectations by 57.50% while revenue grew 10.85% on a year-over-year basis. The company said it expects third quarter revenue of 138 billion to 143 billion. I'm posting this as a long because of the oversold setup heading into earnings.
Q3 September 2023 Consensus:
EPS = 0.58
Revenue: 141.47B
Moving averages:
VWMA 50 = 133
VWMA100 = 132
VWMA200 = 115
TTCATR20:
R3 = 140
SMA20 = 128
S3 = 116
Options data:
10/27 expiry
Put Volume Total 72,817
Call Volume Total 152,861
Put/Call Volume Ratio 0.48
Put Open Interest Total 166,944
Call Open Interest Total 336,064
Put/Call Open Interest Ratio 0.50
11/3 expiry
Put Volume Total 13,037
Call Volume Total 38,575
Put/Call Volume Ratio 0.34
Put Open Interest Total 55,582
Call Open Interest Total 91,627
Put/Call Open Interest Ratio 0.61
11/10 expiry
Put Volume Total 3,043
Call Volume Total 9,666
Put/Call Volume Ratio 0.31
Put Open Interest Total 18,328
Call Open Interest Total 26,414
Put/Call Open Interest Ratio 0.69
11/17 expiry
Put Volume Total 12,921
Call Volume Total 35,839
Put/Call Volume Ratio 0.36
Put Open Interest Total 303,107
Call Open Interest Total 515,344
Put/Call Open Interest Ratio 0.59