thetaOwl

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
16
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 AI Consensus Report
Analysis based on market close April 6, 2026

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

You are viewing an older report from April 6, 2026. A newer ai consensus report is available for May 21, 2026.

View latest report
Conviction
4.5

out of 10

4.5 not higher due to conflicting signals between GEX pinning and institutional selling, plus earnings risk in 24 days that could disrupt the neutral thesis, but not lower because GEX provides strong near-term support.

Where Perspectives Agree

Neutral pinning around $210-$212.5 — GEX support and mixed flow create a range-bound environment with downside gravity toward $210.

Where They Diverge

Theta's focus on defined-risk income via selling premium in a pinning regime is undermined by flow's net premium negative signal indicating institutional selling, which could break the pin before theta strategies profit.

Top Trade
via theta

Sell Apr 13 $210/$205 put spread for defined-risk credit — profits from pin holding above $210, expires pre-earnings.

Key Risk

Break below $210 flips gamma pin and triggers institutional selling cascade — downside accelerates to $205 support.

How to Use These Reports
This ai consensus reflects the market close on April 6, 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.