Home Options AMZNReports

AMZN

Amazon.com, Inc.Close $268.46EOD only

Max Pain

$260.00

Next expiry May 22, 2026

Expected Move

±$3.56

1.3% from close

Price Gap

-8.46

Distance to max pain

IV Rank

Low premium

P/C OI

0.58

Slightly call-heavy

Consensus

9.0/10

Bullish tilt

Published snapshot: May 21, 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 21, 2026 close

AMZN Flow Report

Analysis based on market close May 21, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

8.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 3.3% from MP; +1 VIX 17

Watch next session: $267.5 strike; $272.5 strike

Flow Summary

Net premium: +$150.3M bullish

P/C volume ratio: 0.58

P/C OI ratio: 0.58

Heavy call accumulation dominates, net premium +$150M, put/call ratio 0.58. Unusual prints show aggressive buying of $267.5 and $272.5 calls. Spot well above MP with positive gamma pinning. Bullish flow intact, expect upside drift toward $270+.

Notable Prints

AMZN 2026-05-27 $267.50 Call

Vol: 7,094

OI: 134

Vol/OI: 52.9x

IV: 25.0%

Notional: ~$2.8M

Intent: Aggressive bullish bet near pin.

Dual read: Could close short position.

Read-through: Expects rise to 267.5 by 5/27.

AMZN 2026-05-26 $267.50 Put

Vol: 2,061

OI: 169

Vol/OI: 12.2x

IV: 20.5%

Notional: ~$453K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

AMZN 2026-05-27 $272.50 Call

Vol: 1,629

OI: 143

Vol/OI: 11.4x

IV: 24.0%

Notional: ~$310K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

AMZN 2026-05-26 $277.50 Call

Vol: 1,047

OI: 104

Vol/OI: 10.1x

IV: 21.6%

Notional: ~$43K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

AMZN 2026-05-26 $272.50 Call

Vol: 2,669

OI: 338

Vol/OI: 7.9x

IV: 21.2%

Notional: ~$358K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Heavy call buying at 267.5-277.5 for May 26-27; DEX +139.6M shares.

Put additions: Put accumulation at 262.5 (26.4k vol) and 267.5; long-dated 290 put.

GEX/DEX consistency: GEX +$389M positive, DEX +139.6M shares positive, consistent with bullish flow.

OI clusters: Largest put OI 4,403 at 262.5; call OI low.

Hedging evidence: Put buying at 262.5/267.5 and long-dated 290 put for down hedges.

Max pain context: Spot above max pain; gamma pinning from positive GEX.

Signal vs Noise

~Signal: 267.5 call vol/oi 52.9 signals aggressive bullish opening.

~Noise: Low OI across many strikes means limited accumulation.

~Signal: High put volume at 262.5 indicates hedging, not directional.

Key Conclusions

📈Call accumulation at key strikes reflects institutional upward bias.

⚠️Hedging via puts suggests caution; GEX pinning may limit upside.

How to Use These Reports

This flow reflects the market close on May 21, 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.