The stock’s sharp drop has been particularly impactful for autocallables, reverse convertibles and worst-of basket has hit structures striking in 2025–2026.
Amazon plunged to USD198.79 on 13 February 2026, losing about 20% over the month and 18% in the past nine sessions alone amid mounting selling pressure. Amazon is a frequently used underlying in autocallables and reverse convertibles From a structured products angle, a 20% drop in five weeks mechanically puts many products striking in 2025/2026 much closer to their knock-in barriers, compressing the safety cushions and shifting the books toward higher convexity. Amazon is a frequently used