🧠 GEX Daily Outlook (Options Sentiment Setup)
Amazon (
AMZN) closed around $205, sitting almost flat right below the HVL (High Volume Level) and the critical 202.5–208 gamma resistance cluster. This week's setup is tricky — you're right between big put support and call resistance.
GEX Flow Highlights:
* 🟢 87.21% Call Wall @ 212.5 = dealer resistance, hedging likely to cap price short-term.
* 🟥 Strong Put Support @ 195 (–78.52%) — big negative GEX means downside can accelerate if we go there, but also where price could bounce.
* 🧊 IVR at 17.4 = super cold. That makes debit spreads attractive this week.
💡 Options Strategy Ideas (based on GEX):
* Bullish: Break + hold above 208 (GEX wall) → consider Jul 19 215c or 210c/220c debit spread.
* Bearish: Lose 202.5 + see continuation → consider Jul 19 200p or 205p/195p vertical for risk-defined downside.
Key Range to Watch: 202.5 support ↔ 208 resistance Options are cheap, so early positioning before a breakout/down makes sense.
⏱️ 1-Hour Price Action (Swing & Intraday Outlook)
Zooming in, AMZN’s been in consolidation just below resistance around 205.7, rejecting from that upper CHoCH zone at 211.9. Friday’s price action gave us a minor BOS to the downside, but bulls stepped in from around 202 again.
Here’s what stands out:
* 📍 CHoCH + BOS shows recent structure shift.
* 🟣 SMC supply zone at 211.9 is still untested again — that’s the swing target if 208 breaks.
* 🟩 Demand at 196, backed by both volume and SMC blocks — potential support for deep pullback.
📈 Swing Setup:
* Bullish Swing: Long above 208, targeting 211–215 with stop under 204.
* Bearish Swing: Short if 202.5 breaks with volume → target 198 and then 196.
📉 Intraday Setup:
* Morning fade into 202–203 is playable for quick long scalp to 205.
* Rejection near 205.7–206 again = scalp short back to 202 zone.
Best setups are reaction plays at key zones — don’t chase in the middle.
🎯 Final Take
AMZN is primed — either we clear 208 and gamma flips bullish into 212.5+… or we lose 202.5 and slide into the 195 put-heavy support. IV is cheap, and a breakout move could bring both delta and vega gains on calls. Watch volume around those inflection points for confirmation.
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own due diligence and trade responsibly.
Amazon (
AMZN) closed around $205, sitting almost flat right below the HVL (High Volume Level) and the critical 202.5–208 gamma resistance cluster. This week's setup is tricky — you're right between big put support and call resistance.GEX Flow Highlights:
* 🟢 87.21% Call Wall @ 212.5 = dealer resistance, hedging likely to cap price short-term.
* 🟥 Strong Put Support @ 195 (–78.52%) — big negative GEX means downside can accelerate if we go there, but also where price could bounce.
* 🧊 IVR at 17.4 = super cold. That makes debit spreads attractive this week.
💡 Options Strategy Ideas (based on GEX):
* Bullish: Break + hold above 208 (GEX wall) → consider Jul 19 215c or 210c/220c debit spread.
* Bearish: Lose 202.5 + see continuation → consider Jul 19 200p or 205p/195p vertical for risk-defined downside.
Key Range to Watch: 202.5 support ↔ 208 resistance Options are cheap, so early positioning before a breakout/down makes sense.
⏱️ 1-Hour Price Action (Swing & Intraday Outlook)
Zooming in, AMZN’s been in consolidation just below resistance around 205.7, rejecting from that upper CHoCH zone at 211.9. Friday’s price action gave us a minor BOS to the downside, but bulls stepped in from around 202 again.
Here’s what stands out:
* 📍 CHoCH + BOS shows recent structure shift.
* 🟣 SMC supply zone at 211.9 is still untested again — that’s the swing target if 208 breaks.
* 🟩 Demand at 196, backed by both volume and SMC blocks — potential support for deep pullback.
📈 Swing Setup:
* Bullish Swing: Long above 208, targeting 211–215 with stop under 204.
* Bearish Swing: Short if 202.5 breaks with volume → target 198 and then 196.
📉 Intraday Setup:
* Morning fade into 202–203 is playable for quick long scalp to 205.
* Rejection near 205.7–206 again = scalp short back to 202 zone.
Best setups are reaction plays at key zones — don’t chase in the middle.
🎯 Final Take
AMZN is primed — either we clear 208 and gamma flips bullish into 212.5+… or we lose 202.5 and slide into the 195 put-heavy support. IV is cheap, and a breakout move could bring both delta and vega gains on calls. Watch volume around those inflection points for confirmation.
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own due diligence 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.