Amazon has been in a pennant pattern since october 2020, higher lows, lower highs. The Feb 19th options put /call ratio is .61 . I think they will beat eps and revs, due to COVID. People are staying home and shopping. Earnings - They might guide lower for next Q, thats where they could drop. I am currently in a bull put credit spread 2950/2940, taking advantage of high premium. Expected move for earnings is 5.5%