4 Trade Ideas for Amazon: Bonus Idea

• Posted by Greg Harmon
• on January 12th, 2026

Here is your Bonus Idea with links to the full Top Ten:

Amazon, $AMZN, comes into the week approaching resistance and the all-time high. It has a RSI rising in the bullish zone with the MACD positive and climbing as the Bollinger Bands® open higher. There is resistance at 251 and 255.75. Support lower is at 242.50 and 238. Short interest is low under 1%. The stock does not pay a dividend.

The company is expected to report earnings next on February 4th. The January options chain has biggest open interest at 230 and 225 on the put side. On the call side it is biggest at 240 then 250. In the February chain it is builds from 245 to 200 on the put side and biggest at 250 on the call side. Finally, in the March chain, open interest is biggest at the 200 put and the 230 and 250 all strikes.

Amazon, Ticker: $AMZN

Trade Idea 1: Buy the stock on move over 251 with a stop at 242.

Trade Idea 2: Buy the stock on move over 251 and add a February 245/230 Put Spread ($5.50) and sell the February 270 Call ($4.05).

Trade Idea 3: Buy the January/February 255 Call Calendar ($7.95) while selling the February 230 Put ($4.60).

Trade Idea 4: Buy the March 225/255/270 Call Spread Risk Reversal (10 cents).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first full week of 2026 in the book, saw equity markets show renewed strength with several sectors and indexes at all-time highs.

Elsewhere, look for Gold to continue the uptrend and more all-time highs while Crude Oil drifts higher at the bottom of consolidation. The US Dollar Index continues the short term move to the upside in consolidation while US Treasuries continue to hold at 4 month lows in consolidation and looking better lower. The Shanghai Composite looks to continue the in the uptrend at 10 year highs after breaking consolidation while Emerging Markets test the 2021 all-time high in their uptrend.

The Volatility Index looks to continue to hold low in the normal range making it easier for equities to move higher. The charts of the SPY, the IWM and the QQQ remain strong on the longer timeframe with the IWM leading. On the shorter timeframe the SPY, and the IWM are also strong, forging new all-time highs. The QQQ is bearing the brunt of rotation as it struggles to break higher. Use this information as you prepare for the coming week and trad’em well.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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