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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
23
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 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 17, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because all personas align on pinning and a theta-favorable regime, but conviction is capped by a tangible conflict: persistent bullish flow or an IV-driven rebalancing event can rapidly invalidate the mean-reversion view.

Where Perspectives Agree

Neutral-to-slight-bearish short-term: dealer gamma pinning near $240–$246 creates a magnet and makes mean-reversion into the $240–$250 band the highest-probability path, enabling theta-rich, defined-risk income trades.

Where They Diverge

Flow shows net institutional bullish accumulation that, if sustained, would overwhelm dealer hedges and push spot through the $254 cap toward $260+, directly contradicting the directional pin/mean-reversion thesis.

Top Trade
via theta

Sell May 15 2026 iron-condor: sell $235/$220 put wing and $270/$290 call wing for net credit (defined-risk iron condor, expires May 15).

Key Risk

A sustained break and daily close below $235 removes the dealer gamma pin (triggers aggressive dealer selling/re-hedging) and accelerates downside toward the $220 support/gap, invalidating the income/mean-reversion thesis.

How to Use These Reports
This ai consensus reflects the market close on April 17, 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.