thetaOwl

AMZN

Amazon.com, Inc.Close $265.82EOD only
Max Pain
$270.00
Next expiry May 13, 2026
Expected Move
±$3.41
1.3% from close
Price Gap
+4.18
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
0.59
Slightly call-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: May 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
May 12, 2026 close
AMZN Flow Report
Analysis based on market close May 13, 2026

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

Flow Verdict

BiasBullish
Confirmation: Spot holds above $265 and net premium positive
Invalidation: Sustained put dominance or spot breaks below $260
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.9% from MP; +1 VIX 18

Watch next session: Monitor for continued call volume and gamma support

Flow Summary

Net premium: +$269.7M bullish

P/C volume ratio: 0.38

P/C OI ratio: 0.59

Heavy call buying and positive gamma point to bullish continuation with pinning near $267.5-$270.

Notable Prints

#1
AMZN 2026-05-13 $267.50 Call
Vol: 50,832
OI: 2,315
Vol/OI: 22.0x
IV: 16.8%
Notional: ~$12.9M
Intent: Pinning at 267.5, bullish call buying
Dual read: Short covering or gamma scalping

Read-through: High volume on 0DTE suggests manipulative pinning.

#2
AMZN 2026-05-13 $267.50 Put
Vol: 17,079
OI: 1,148
Vol/OI: 14.9x
IV: 9.2%
Notional: ~$17K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

#3
AMZN 2026-05-13 $270.00 Call
Vol: 69,677
OI: 4,944
Vol/OI: 14.1x
IV: 3.0%
Notional: ~$1.5M
Intent: Bullish bet on close above 270
Dual read: Hedging short positions

Read-through: Large OI build at 270, possible resistance.

#4
AMZN 2026-05-13 $265.00 Put
Vol: 27,258
OI: 2,580
Vol/OI: 10.6x
IV: 16.4%
Notional: ~$27K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

#5
AMZN 2026-05-20 $247.50 Put
Vol: 1,159
OI: 133
Vol/OI: 8.7x
IV: 36.7%
Notional: ~$31K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Heavy 0DTE calls at 267.5 and 270, vol/OI >10x

Put additions: Modest puts at 265 0DTE and 247.5 weekly

GEX/DEX consistency: GEX +$458M, DEX +163M shares, consistent bullish

OI clusters: Largest OI among unusual at 267.5C and 270C

Hedging evidence: 247.5 put hedge tempers bullish conviction

Max pain context: Spot above MP, pinning likely 267.5-270

Signal vs Noise

~Signal: High vol/OI on 0DTE calls indicating aggressive bullish positioning
~Noise: Put hedge at 247.5 suggests downside risk, not pure noise

Key Conclusions

📈Call dominance across strikes confirms bullish sentiment
How to Use These Reports
This flow reflects the market close on May 13, 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.