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AMZN

Amazon.com, Inc.Close $238.55EOD only
Max Pain
$240.00
Next expiry Jun 15, 2026
Expected Move
±$4.50
1.9% from close
Price Gap
+1.45
Distance to max pain
IV Rank
52
Middle-high premium
P/C OI
0.65
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 12, 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 12, 2026 close
AMZN Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

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Earnings Verdict

Bullish flow & gamma pinning near $245, but earnings 49 days away. 80% beat rate supports long bias.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.4% from MP; +0.5 VIX 19
Most important: Call OI wall $260-$350 and max pain $245-$248 pinning.
📈Net premium $53.6M, P/C ratio 0.51 – strong call flow.
🎯Spot near max pain $245 – pinning pressure.
⚡VIX 19.4 elevated, but gamma positive.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Below

Earnings Overview

Next earnings: 2026-07-30 (49 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$4.38 (1.8%)
  • 2026-06-15 (4d): ±$6.02 (2.5%)
  • 2026-06-17 (6d): ±$8.33 (3.4%)

IV Setup

Term structure: Near-term IV elevated, longer-term moderate.

Crush estimate: Earnings crush not applicable (49 days out).

Skew: Call skew elevated; put skew low.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Historically beats 80% with moves inline.

Directional bias: Bullish post-earnings.

Key Levels

1EM guardrails: 2d $237.12/$245.89; 1w $233.18/$249.83
2Max pain pins: $245 (2026-06-12); $248 (2026-06-15); $248 (2026-06-17)

Flow Highlights

Massive call buying at 240/242.5C for 6/12 expiry

Bullish near-term sentiment.

235P on 6/12 with high vol/OI ratio 8.5

Hedging or bearish bet.

265C on 7/24 with vol/OI 9.9

Long-dated bullish positioning.

Strategies

Bull Call Spread
Buy 2026-08-21 $240.00/$260.00 call spread
Debit: $7.38-$9.02
Max loss: $9.02
Max gain: $10.98
BE: $249.02
Trigger: Monitor spot near $240; exit if below invalidation.
80% beat rate, bullish flow, pinning near $245. 71 DTE captures upside with limited risk.
Outperforms: Buy $240/$260 call spread, max gain $10.98, max loss $9.02, invalidation $228.66.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!Spot below max pain may attract sellers.
!Earnings 49 days away, event risk deferred.

What to Watch

?$245 resistance; $240 support.
?Call OI wall $260-$350.
How to Use These Reports
This earnings reflects the market close on June 11, 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.