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AMZN

Amazon.com, Inc.Close $266.32EOD only
Max Pain
$262.50
Next expiry May 26, 2026
Expected Move
±$4.14
1.6% from close
Price Gap
-3.82
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.59
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 22, 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 22, 2026 close
AMZN AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.5

out of 10

6.5 because multiple independent signals (dealer gamma concentration, net bullish flow, and incentive for dealers to pinch into max-pain) align toward a capped grind, but conviction is lowered by concentrated long call OI above the band and elevated front-week IV which create asymmetric tail risk that can invalidate the pin quickly.

Where Perspectives Agree

Short-dated dealer pinning into the max-pain band with net bullish flow — the prevailing outcome is a capped, grind-high to the $208–$220 area rather than a clean runaway move; premium-rich setups should work into that magnet.

Where They Diverge

Flow/possible institutional accumulation implies continuation higher through resistance, while directional and earnings pinning signals expect mean reversion into the short-dated max-pain — these positions are incompatible because one predicts further lift that would bust the pin and the other predicts the pin will hold and cap upside. Theta-oriented selling recommends front-loaded premium capture into the pin, but elevated very-short-dated IV and concentrated call OI create a material gap risk that directly undermines aggressive front-week short premium.

Top Trade
via theta

Sell Apr 17 $217.50/$222.50 call spread for a net credit (defined-risk), expecting to collect premium as the market pins in the $208–$220 band.

Key Risk

Break and close below $205 within the short-dated window — this would flip dealer gamma positioning, remove the pin, and accelerate downside toward the next support cluster (~$198), invalidating the capped/grind-high thesis.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.