Everyone and his mother expects amzn to drop after earnings. On the other hand the high short interest will push this stock through the roof if the numbers are much better than expected.
I think straddles are the best way to play tomorrow
where's the high short interest? It's not the high short intterest that would do it, the bullish trading strategies are enoough for those in control. The move from late last year has been on the lowest short interest in a long time. A day like today might lure in some on the seen weakness but readings there are not high compared to some historical data. Cetainly not like NFLX which has huge short interest.
also, the mere fact that there's a ton of liquidity around is enough to run it without high short interest: Fed's in the unlimited printing business right now and that always is enough to run it to any price higher.