AMZN Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete AMZN options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around AMZN.
Near-Term Options-Derived Market Structure
BEARISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. Options Chian
On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%
Current DPI is 0.85(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.
Options Terrain Outlook (3-Month)
Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-08-10 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.
Based on same-day expiring options (0DTE), the ATM straddle implies an 0.71% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 273.67 — 280.17 , corresponding to +0.75% / -1.59% .
Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.
Bullish flow suggests upside interest toward 280.94 (1.02% above spot).
Bearish positioning points to downside pressure toward 271.17 (2.49% below spot).
Options flow strength: 0.72 (0–1 scale). ATM Strike: 277.50, Call: 1.17, Put: 0.81, Straddle Cost: 1.98.
Price moves are likely to stay range-bound. The short-term gamma flip is near 242.29 , with intermediate positioning around 241.32 . The mid-term gamma flip remains near 241.46.