Technology/E-commerce

AMZN Options Flow

Amazon.com Inc.

Track AMZN options flow, gamma exposure, and unusual activity in real-time.

Recent AMZN Options Flow

Live institutional order flow from the Options Flow scanner

Time Type Strike Expiry Premium Sentiment
3:48 PM CALL SWEEP $225 3/21/26 $438,000 BULLISH
3:15 PM PUT BLOCK $218 2/28/26 $267,000 BEARISH
2:42 PM CALL SWEEP $222 3/7/26 $612,000 BULLISH
2:08 PM CALL BLOCK $228 4/17/26 $892,000 BULLISH
1:32 PM PUT SWEEP $220 3/7/26 $345,000 BEARISH
12:48 PM CALL BLOCK $226 3/21/26 $738,000 BULLISH
11:25 AM PUT SWEEP $215 2/28/26 $178,000 NEUTRAL
10:42 AM CALL BLOCK $232 4/17/26 $1,134,000 BULLISH

Double-click any trade in the live product to see detailed charts and P&L tracking

AMZN Gamma Exposure Dashboard

Interactive GEX analysis with heatmap, chart, and table views

Showing 15-minute delayed data
Current Price
$220
Gamma Flip
$218
-0.9% from spot
Call Wall
$224
+1.8% from spot
Put Wall
$216
-1.8% from spot
Net GEX
4.4B
Max +GEX
$224
1.0B
Max -GEX
$216
223.7M
Expected Move
$215 - $225
±2.1%
Strike2/212/242/283/213/74/18
$22774.6M63.4M52.2M29.8M41.0M18.6M
$22687.6M74.5M61.3M35.1M48.2M21.9M
$225104.4M88.7M73.1M41.8M57.4M26.1M
$224149.2M126.8M104.4M59.7M82.0M37.3M
$223141.7M120.4M99.2M56.7M77.9M35.4M
$222134.2M114.1M94.0M53.7M73.8M33.6M
$221111.9M95.1M78.3M44.7M61.5M28.0M
$22093.2M79.2M65.3M37.3M51.3M23.3M
$21944.7M38.0M31.3M17.9M24.6M11.2M
$21818.6M15.8M13.1M7.5M10.3M4.7M
$217-7.5M-6.3M-5.2M-3.0M-4.1M-1.9M
$216-29.8M-25.4M-20.9M-11.9M-16.4M-7.5M
$215-28.0M-23.8M-19.6M-11.2M-15.4M-7.0M
$214-26.1M-22.2M-18.3M-10.4M-14.4M-6.5M
$213-22.4M-19.0M-15.7M-8.9M-12.3M-5.6M

AMZN Options Market Statistics

Key metrics for Amazon.com Inc.

Avg Daily Volume
2.1M
Avg Premium
$11.2B
Put/Call Ratio
0.94
Avg IV
32%
Market Cap
$2.2T
Avg Spread
$0.02

About AMZN Options

Amazon is the e-commerce and cloud infrastructure giant with two distinct earnings drivers. Options flow in AMZN reveals positioning around AWS growth, retail trends, and operating margin expansion. AMZN earnings are binary events - the stock moves on guidance, not current quarter results.

Reading AMZN Options Flow

AMZN flow splits between AWS-focused tech positioning and retail sentiment reads. Watch for call sweeps ahead of cloud earnings from MSFT/GOOGL - those preview AWS trends. Post-Prime Day and holiday season, retail flow spikes. AMZN also sees persistent put buying from growth-to-value rotation hedges - not all put flow is bearish.

AMZN Gamma Exposure Insights

AMZN gamma exposure shows strong clustering at round strikes ($210, $220, $230) where institutional covered call selling concentrates. The stock's beta to both tech and consumer discretionary creates interesting GEX dynamics - it can flip between regimes intraday. Watch for the flip level during earnings - AMZN routinely moves 10%+ on reports.

Related Concepts

Learn more about the key terms for AMZN options trading

Frequently Asked Questions

AMZN options flow tracks institutional positioning in Amazon options, driven by AWS cloud growth, e-commerce trends, and operating margin expectations. AMZN flow is heavily earnings-focused, with volume spiking around quarterly reports and guidance updates.

AMZN GEX reveals dealer positioning across its dual business model (cloud + retail). Positive GEX at round strikes creates stability; negative GEX signals volatility. The stock's exposure to both tech and consumer sectors means GEX can flip unexpectedly based on macro data.

Unusual AMZN activity often precedes earnings beats or AWS growth surprises. Large call sweeps ahead of cloud peers' earnings signal bullish AWS positioning. Put blocks during rallies may be growth rotation hedges. Check sector context - AMZN flow diverges from QQQ during retail-specific news.

AWS is Amazon's primary profit driver and a key indicator of enterprise cloud spending. When MSFT or GOOGL report cloud numbers, AMZN options volume surges as traders position for upcoming AWS results. The market prices AMZN on AWS growth, not retail sales.

Start tracking AMZN options flow today

7-day free trial.

Cancel anytime. $74.99/mo or $49.99/mo annual.