Options Corner: AMZN Launches Pharmacy Service

Amazon (AMZN) rolls out its Amazon Pharmacy Kiosks today. Rick Ducat breaks down key technical levels to watch on its chart, comparing it to other e-commerce companies like Alibaba (BABA) and eBay (EBAY). He also looks at how AMZN stacks up against pharma-names like CVS Health (CVS), McKesson (MCK) and Cardinal Health (CAH). Rick is watching a range between $216-$226 as near-term resistance and support. Later, Tom White illustrates an example options trade for Amazon. He demonstrates a bullish call vertical strategy.

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