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AMZN

Amazon.com, Inc.Close $267.28EOD only
Max Pain
$270.00
Next expiry Aug 14, 2026
Expected Move
±$5.02
1.9% from close
Price Gap
+2.72
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.65
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Aug 12, 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
Aug 12, 2026 close
AMZN Theta Report
Analysis based on market close June 29, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness9 / 10
Sizing: Moderate
Primary: Call Credit Spreads
Invalidation: Spot breaks below $230 support or above $250 resistance
Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.4% from MP; +1 VIX 18

IV Environment

IV Regime
Normal
IV vs VIX
Avg IV (42.18) is significantly above VIX (17.65), indicating rich premium
Favorable?
Yes

Term structure: Front-end elevated (~36-49% for 0-3 DTE) with backwardation into 1W (31%) then rising to ~34% for 18-25 DTE. Slight contango at longer tenors

⚠️IV richly priced relative to VIX, but high short-term IV boosts premium

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+229.1M)

OI concentrations: Max pain pinning at $230 for 0, 2, and 3 DTE. Call OI wall from $260-$350. No significant put OI within 30% below spot

Verdict: Strong gamma-driven pinning to $230 zone. Calls above may cap upside. Put support thin below $230

Premium Opportunities

#1
Call credit spread
Sell 2026-07-31 $250.00/$255.00 call spread
Captures elevated premium from high IV with defined risk just above resistance.
Credit: $1.37-$1.68
Max loss: $3.32
BE: $251.68
Mgmt: Close if spot breaches $250 or 50% of max profit achieved.

Risk Alerts

!Spot 4.4% above max pain $230 increases risk of mean reversion
!Elevated short-term IV may contract after event
!Call OI wall $260-$350 could cap rallies
How to Use These Reports
This theta reflects the market close on June 29, 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.