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Traders see Amazon's stock soaring even higher after the company's blockbuster earnings

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Carol England
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Amazon has spiked to a record high after crushing its third-quarter earnings report.

Options traders are responding by making even more bets on the stock to rise in the coming months.

Amazon has surged to record highs yet again, but investors still can't get enough.

Options investors are piling into bets that the stock, already up 45% this year, will continue to climb.

As of midday Friday, the six Amazon options with the most open interest — defined as outstanding contracts trading at once — were all calls.

When purchased, call contracts are used to make bullish wagers, and they are a popular way for traders to capture future upside in a stock.

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Carol England
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