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    AMZN to go above

    I think this year Amazon stock/calls price is pretty undervalued atm.

    My guess is they will crush any labor unions and have strong revenue growth this year.

    My play is buying $230 calls exp 10/15 trading at $1.73 when market opens tomorrow

    What are everyone’s thoughts?

    AMZN to go above
    byu/Money_Stand_6389 inwallstreetbets



    Posted by Money_Stand_6389

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    33 Comments

    2. Bright_Interaction73 on

      I think this year Amazon stock/calls price is pretty overvalued atm.

      My guess is they will not crush any labor unions and have weak revenue growth this year.

      My play is buying $130 puts exp 10/15 trading at $6.9 when market opens tomorrow

      These are my thoughts.

    5. deserttomb on

      I hope not. I got some 7/5 190/195 call credit spreads thst I need to make some money on.

    7. olivefob on

      Amazon’s paid Alexa subscription will basically be some guy in India who’s remotely listening to you and answering your questions. AI = Always Indian

    8. Legitimate_Risk_1079 on

      Prediction by end of 2026:
      1. NVDA
      2. MSFT
      3. AMZN
      4. AAPL
      5. GOOG
      6. META
      7. LLY

      The new mag7

    9. 1776_MDCCLXXVI on

      TLDR: it’ll negatively affect Amazon stock eventually but not near term because the drivers aren’t unionizing only the warehouse workers who are paid much much less.

      Unionized UPS big rig driver here. The Teamsters, who are unionizing amazons warehouses, is a strong union. UPS drivers make $120,000-$200,000 with no college required, excellent pension and full medical benefits….

      Point I’m trying to make is, the teamsters are unionizing the warehouse workers not the drivers. Amazon drivers are third party contractors. For example if you get hit and killed by an Amazon sprinter van or package car your family won’t sue Amazon itself, you’d sue the third party contractor who was in charge of that driver.

      Because there’s a disconnect between Amazon drivers and the division the teamsters are unionizing, I don’t believe the unionization push will be as damaging as some people think UNTIL this push includes drivers particularly the Class A (big rig) drivers.

      By the time Amazon loses the battle to the IBT and has all its warehouse shops unionized, AI and its AWS services will far outstrip / outpace the damage done from unions.

      There’s also different tiers of union – for example at UPS we get paid $45 an hour but often get overtime roughly 67 an hour. We pay very very little for full medical for our entire family and the medical insurance is insanely good. Copays are $0 or $5 for almost everything.

      Pension? Work 10 years as a driver and get $3,000 a month. Work 30 years (average for a UPS driver) you’re looking at $9,000 a month until you die. (In addition to 401K / Social Security etc.)

      McKesson is also part of our union right down the street from us. When I used to deliver there as a package car driver they’d tell me how their medical and pension was garbage.

      So furthermore, just because the union and UPS has negotiated good benefits and pay it doesn’t mean doom and gloom for Amazon stockholders – there is a different caliber to which a company will be unionized.

      Even as a member of the union that’s attempting to bring Amazon into the fold, I am very bullish on Amazon.

    10. NeedleworkerCrafty17 on

      Nice. Another way to play is 2x’s Amazon stock so if if you don’t wanna gamble with options. AMZU.

    13. DoorstatFF on

      I like this play. Last week I was looking at AMZN chart and entered some shorter term options.

    17. brotatoavocado on

      AMZN is going to $200 before prime day, anybody who thinks otherwise is clueless

    18. Grapefruit_Mule877 on

      Wanted to ask (don’t chew me up) what are your thoughts about Amazon getting into the car market? And will it have any affect of their share price during their Hyundai event on 6/25?

    20. RevolutionaryPhoto24 on

      I also think it’s fair to undervalued. I hold shares and plan to buy some LEAPS. But I like this play and may well join you (contracts are less capital intensive than I expected.)

    25. PandoraBot on

      I think amzn has a bit more downside to come especially since I predict there will be a soft market crash this week, but yes, it is undervalued and if it hits 180 again it’s a go

    26. pantiesdrawer on

      I don’t know man. Their primary business doesn’t have a ton of moat, and AliExpress just started shipping from US distribution centers. I can see consumer money flowing away from Amazon.

    27. POWRAXE on

      I’ve held AMZN for a long time. I have 1000+ shares. Because of this I see its price action every day. Without a massive catalyst, I can confidently say AMZN will likely not hit $230 by mid October. This stock moves slow as molasses, but steadily. It’s a slow melt up.

    28. bmeisler on

      Such an evil company, a prime example of enshitification. Bezos looks and acts like a 3rd rate Bond villain.

      That being said, Im lazy so I buy stuff from them all the time, and I own the stock, which looks like it’s about to break out.

    30. Ashamed-Second-5299 on

      No one cares about the retail part of Amazon. It’s all about how they can monetize AI

    31. Tay_Tay86 on

      I am in agreement. I feel that amazon is probably heading for a new ATH within the next month, unless the bottom of the market falls out.

    32. CamxThexMan3 on

      agree, but not buying options. just buying stock. amazon crushed the q1 estimate, which was already described as many analysts as “ambitious”. I don’t see them slowing down

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