thetaOwl

AMZN

Amazon.com, Inc.Close $255.36EOD only
Max Pain
$235.00
Next expiry Apr 24, 2026
Expected Move
±$4.67
1.8% from close
Price Gap
-20.36
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
0.59
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Apr 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
Apr 22, 2026 close
AMZN AI Consensus Report
Analysis based on market close April 23, 2026

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

Conviction
6.0

out of 10

6 because strong dealer gamma and bullish flow favor the pin, but material macro/market moves or a decisive institutional breakout can quickly invalidate income trades before theta accrual matures.

Where Perspectives Agree

Positioning and dealers are net-supportive — market is pinned to the mid-$240s with modestly bullish tilt and limited near-term upside, making income/defined-risk short structures the highest-probability path.

Where They Diverge

Flow signals of institutional accumulation imply directional follow-through above the pin zone, which conflicts with the directional thesis that spot will remain constrained into the mid-$240s; if institutions push decisively higher it undermines short-income efficacy.

Top Trade
via directional

Sell 2026-06-18 $235/$225 put spread for credit (defined-risk put spread, expires Jun 18 2026).

Key Risk

Break and close below $235 (sustained) flips dealer gamma exposure, removes the pin and accelerates downside toward $225 gap/support, invalidating the income/defined-risk short thesis.

How to Use These Reports
This ai consensus reflects the market close on April 23, 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.