Amazon’s 20-for-1 stock split was executed June 6, and the stock is trading higher as a result. But why? Aren’t stock splits meaningless? The answer is more complicated than you may think — especially if you’re an options trader. Let’s look at the different ways Amazon’s split will affect the options market. Cheaper to Hedge … Read more
Shares of Amazon (AMZN) – Get Amazon.com, Inc. Report have spent most of the year down in the dumps, as it suffered a peak-to-trough decline of 46%. That, however, has not been the case lately. The stock is up about 2.5% on Thursday and is currently riding a six-session win streak. Amid that stretch, Amazon stock … Read more
Elon Musk has advice for Jeff Bezos. The two tech moguls are respectively the richest man in the world and the second richest man in the world. At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past … Read more