no... itβs 140 option contracts which provides the option for 14000 shares. they were bought for $66 x 100 x 140 = $924,000 and are now worth $14.43 x 100 x 140 = $202,000.
Risk / reward is proportional. You could have easily made a killing if the markets moved the right way. In fact, anything could happen by Friday. He only needs and 10% move up be in the black
They could easily have 1M worth of options that have now decreased in value, which is what it looks like since AMZN went up Friday and today.