Long Term: Amzn PutAmazon seems to forming a double top. I see this dropping to $115-110 range in the next 3-6 months. If this break $131.50, we will see more dropping.
Short term targets:
Target price 1: $127-126.23
Target price 2: 122.86
Target price 3: 114.00
Target price 4: 110.95
I also see Amzn retracing in the short term to $135 if it doesn't break and hold under $131.50. I will buy a put at $136 and hold until Target 1 is reached.