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AMZN

Amazon.com, Inc.Close $274.00EOD only
Max Pain
$265.00
Next expiry May 29, 2026
Expected Move
±$3.63
1.3% from close
Price Gap
-9.00
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
0.57
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 28, 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 28, 2026 close
AMZN AI Consensus Report
Analysis based on market close April 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 10, 2026. A newer ai consensus report is available for May 26, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because the dominant signals (large positive GEX pin + concentrated call flow) align across personas and favor a $240 magnet, but conviction is capped by near-term price sitting above max-pain, elevated forward-term IV/catalyst risk, and a clear, low-level technical trigger that would flip dealer hedging — any of those can rapidly invalidate short-premium exposure.

Where Perspectives Agree

Market is pinned into the $240 area with dealer short-gamma and heavy institutional call flow creating a bullish gravity — the path of least resistance is neutral-to-bullish around $240, supporting short-premium and range-dependent directional trades.

Where They Diverge

Earnings/IV term structure and the fact spot sits above near-term max-pain create a binary tail-risk that directly undermines short-premium/put-selling sterility: elevated forward IV beyond two weeks means an outsized move around catalysts could wipe short-premium gains even while flow and GEX are constructive. Additionally, if macro shock arrives, the bullish flow signal would be negated by a broad VIX surge that inflates longer-dated IV and punishes calendars/condors.

Top Trade
via theta

Sell Apr 20 240/235 put spread for a net credit (theta-based defined-risk put spread)

Key Risk

A drop below $237 (two-day EM low) flips dealer hedging from short- to long-gamma sellers, removing the pin and triggering accelerated downside toward ~$233 area (next technical support/gap), which would invalidate the bullish/range-short thesis.

How to Use These Reports
This ai consensus reflects the market close on April 10, 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.