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AMZN

Amazon.com, Inc.Close $244.19EOD only
Max Pain
$245.00
Next expiry Jun 10, 2026
Expected Move
±$3.94
1.6% from close
Price Gap
+0.81
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
0.67
Slightly call-heavy
Consensus
6.5/10
Neutral tilt
Published snapshot: Jun 9, 2026 close
End-of-day snapshot

This page reflects AMZN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 9, 2026 close
AMZN Earnings Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

AMZN earnings 51 days out; high IV but crush not immediate. Historical beat rate 80%.

Confidence:
6.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +1 spot 0.3% from MP; +0.5 VIX 20
Most important: Earnings far out; focus on near-term pinning at $245/$250.
📊80% beat rate, but market already prices neutral.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
At

Earnings Overview

Next earnings: 2026-07-30 (51 days)explicit

Expected moves:

  • 2026-06-10 (1d): ±$3.94 (1.6%)
  • 2026-06-12 (3d): ±$6.70 (2.7%)
  • 2026-06-15 (6d): ±$8.28 (3.4%)

IV Setup

Term structure: Near-term IV elevated, wing expansion; long-term contango.

Crush estimate: Minimal near-term crush; event too distant.

Skew: Slight put skew near-term; calls elevated at strikes >$250.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Avg move ~1.6% vs implied 1.6%; no significant drift.

Directional bias: Neutral; beats often but priced in.

Key Levels

1EM guardrails: 2d $240.25/$248.13; 1w $235.92/$252.47
2Max pain pins: $245 (2026-06-10); $250 (2026-06-12); $250 (2026-06-15)

Flow Highlights

Heavy unusual put selling at $242.5 expiring 6/10; call buying at $225-$230.

Short-term bearish hedge unwinding; bullish bias below $230.

Strategies

Iron Condor
Sell 2026-06-26 $245.00/$240.00 put wing and $250.00/$255.00 call wing
Credit: $3.48-$4.26
Max loss: $0.74
Max gain: $4.26
BE: 240.74 / 254.26
Trigger: Close at 50% max gain or before expiry
Defined risk, neutral bias, high IV
Outperforms: Sell put and call wings to capture premium amid elevated IV
Underperforms: Move outside short strikes invalidates range thesis.
Call Calendar
Sell 2026-06-18 $250.00 call / buy 2026-07-17 $250.00 call
Debit: $4.57-$5.59
Max loss: $5.59
Max gain: Variable
BE: Path-dependent
Trigger: Monitor IV; close if near-term IV collapses
Exploits term structure: near-term IV elevated vs long-term
Outperforms: Sell near-term call, buy longer-dated to profit from IV skew
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Short Strangle
Sell 2026-06-26 $240.00 put + sell $255.00 call
Credit: $7.18-$8.78
Max loss: Unlimited
Max gain: $8.78
BE: 231.22 / 263.78
Trigger: Set stop loss; roll if tested
Higher premium but undefined risk
Outperforms: Sell out-of-the-money put and call for premium
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Large call OI $260-$350 caps upside.
!VIX near 20 adds macro tail risk.
!Low put OI below $237 could accelerate downside.

What to Watch

?Max pain $245 pinning into weekly expiry.
?GEX shifts near $250.
?Macro moves (QQQ down 1.15% today).
How to Use These Reports
This earnings reflects the market close on June 9, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.