Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
- Posted on August 12, 2026
- By CNBC
- 1 Views
- 1 min read
Amazon stock faces consolidation pressures as technical analysts identify potential sideways movement over the coming weeks. Sophisticated traders are exploring advanced options strategies like the jade lizard to capitalize on this anticipated range-bound behavior. This approach allows investors to profit from stagnant price action while managing downside risk through carefully structured multi-leg option positions that benefit from time decay and limited volatility.
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