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AMZN

Amazon.com, Inc.Close $246.03EOD only

Max Pain

$255.00

Next expiry Jun 8, 2026

Expected Move

±$5.29

2.1% from close

Price Gap

+8.97

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.64

Slightly call-heavy

Consensus

5.0/10

Range bias

Published snapshot: Jun 5, 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 5, 2026 close

AMZN Flow Report

Analysis based on market close June 8, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

6 / 10

base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +0.5 spot 1.9% from MP; +0.5 VIX 19

Watch next session: 245; 247.5; 250

Flow Summary

Net premium: -$45.0M bearish

P/C volume ratio: 0.66

P/C OI ratio: 0.67

AMZN saw aggressive 0DTE call buying at $245/$247.5/$250 strikes with massive volume relative to OI. Net premium negative but GEX positive, pinning suggests range. VIX 19 indicates hedging. Put/call ratios <1. Focus on $245-$250 zone.

Notable Prints

AMZN 2026-06-08 $245.00 Call

Vol: 35,405

OI: 488

Vol/OI: 72.5x

IV: 5.0%

Notional: ~$744K

Intent: Speculative buy

Read-through: Bullish

AMZN 2026-06-08 $247.50 Call

Vol: 51,428

OI: 1,175

Vol/OI: 43.8x

IV: 9.0%

Notional: ~$51K

Intent: Speculative buy

Read-through: Bullish

AMZN 2026-06-10 $247.50 Call

Vol: 6,266

OI: 211

Vol/OI: 29.7x

IV: 29.0%

Notional: ~$984K

Intent: Directional buy

Read-through: Bullish

AMZN 2026-06-08 $245.00 Put

Vol: 42,965

OI: 2,174

Vol/OI: 19.8x

IV: 2.3%

Notional: ~$86K

Intent: Speculative put

Read-through: Bearish

AMZN 2026-06-08 $250.00 Call

Vol: 38,425

OI: 2,410

Vol/OI: 15.9x

IV: 16.4%

Notional: ~$38K

Intent: Speculative buy

Read-through: Bullish

Institutional Positioning

Call additions: Aggressive OTM call buying at $245, $247.5, $250 Jun8; Jun12 $225-$230 calls

Put additions: Heavy put buying at $245, $240 Jun8; small $265 Jun10 put

GEX/DEX consistency: Yes, positive gamma ($33.9M) and delta ($109.7M) support pinning

OI clusters: Largest OI at $250C (2.4k), $245P (2.2k), $252.5C (1.3k), $247.5C (1.2k)

Hedging evidence: Deep OTM $265P suggests downside hedge

Max pain context: Spot below max pain near $250; pin to that zone

Signal vs Noise

~Short-dated OTM calls signal bullish bets

~Put buying at 245/240 indicates hedging

~Deep OTM 265 put likely noise

Key Conclusions

📈Institutions adding upside calls at 245-250, pinning to max pain near 250

🛡️Put buying at 240-245 shows hedging, not directional bearish

⚠️High short-dated call volume may be gamma squeeze risk

How to Use These Reports

This flow reflects the market close on June 8, 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.