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CNBC

Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way

Wednesday, August 12, 2026


Trader Mike Khouw bet that Amazon shares will remain within a specific price range over the next seven weeks by executing a "jade lizard" options strategy.

Original reporting: https://www.cnbc.com/2026/08/12/amazon-shares-appear-stuck-in-a-rut-trader-mike-khouw-is-betting-things-will-stay-that-way.html

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