Consumer Discretionary

Amazon.com Inc (AMZN) options and signal

Figures as of 28 Sep 2026

AMZN is Amazon.com Inc, a Consumer Discretionary name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans

At a glance

Figure	Value	Date
Trade Card	Iron condor, 30 Oct	25 Sep
IV rank	85 of 100	28 Sep
At the money IV	39.1%	28 Sep
Priced move to 30 Oct	11.2% down, 11.9% up	28 Sep
Call wall and put wall	260 and 240	28 Sep
Signal and the desk's view	No signal, view neutral	25 Sep
Last close	246.15	28 Sep
Next report	29 Oct 2026	28 Sep

Trade Cards

On 25 Sep 2026 the Trade Card for AMZN was an iron condor expiring 30 Oct 2026, paper trading.

Figure	Value
Signal	Neutral
Strategy	Iron condor, credit
Legs	Buy the 195 put, Sell the 215 put, Sell the 280 call, Buy the 305 call
Expiry	30 Oct 2026, 35 days to expiry
Limit	A credit of at least $3.40
Probability of profit	73%, the option market's odds at expiry, from delta
Max loss	$2,160 per contract
Max profit	$340 per contract
Breakeven	211.60 and 283.40
IV rank at that expiry	84 of 100

Probability of profit is the option market's own odds from delta, not the model's.

Priced on the option chain at the close on 25 Sep 2026.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Trade Cards in RingMaster The Trade Cards guide

Options Snapshot

AMZN's IV rank is 85 of 100 on 28 Sep 2026.

Figure	Value
IV rank	85 of 100
At the money IV	39.1%, near month, 32 days
Put/call ratio, open interest	0.56
Call open interest, strikes captured near the price	1.17 million contracts
Put open interest, strikes captured near the price	650,000 contracts
Cost to trade at the money	Tight, 2.9% of the option's mid price

IV rank is where the at the money IV sits among AMZN's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Options Snapshot in RingMaster The Options Snapshot guide

Priced Range

On 28 Sep 2026, AMZN options priced a move of 11.2 percent down and 11.9 percent up by 30 Oct 2026.

Expiry	Days	Down	Up	Range
30 Sep 2026	2	2.2%	2.2%	240.85 to 251.63
2 Oct 2026	4	3.2%	3.2%	238.30 to 254.05
7 Oct 2026	9	4.6%	4.6%	234.85 to 257.55
16 Oct 2026	18	6.3%	6.7%	230.65 to 262.55
23 Oct 2026	25	7.4%	7.9%	227.95 to 265.55
30 Oct 2026	32	11.2%	11.9%	218.55 to 275.35
18 Dec 2026	81	15.6%	17.5%	207.65 to 289.25

The range is one standard deviation either side of the close of 246.15, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Priced Range in RingMaster The Priced Range guide

Gamma Map

On 28 Sep 2026, AMZN's call wall is the 260 strike and its put wall is the 240 strike.

Figure	Value
Call wall, most open call gamma	260
Put wall, most open put gamma	240
Flip strike, where net gamma changes sign	248.61
Net dollar gamma, calls minus puts	$141.98 million
Total dollar gamma, both sides	$1.12 billion
Close	246.15

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Gamma Map in RingMaster The Gamma Map guide

Volatility History

On 28 Sep 2026, AMZN's at the money IV is 39.1 percent against 20 day realized volatility of 23.3 percent.

Figure	Value
At the money IV	39.1%
Realized volatility, 20 trading days	23.3%
Realized volatility, 60 trading days	40.4%
IV against its own weekly record	High, in the top fifth
Weekly readings on record	865, from 8 Jan 2010
Weeks the price moved more than the one week priced move	27.0% of 252 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility History in RingMaster The Volatility History guide

Volatility Weather

On 28 Sep 2026, AMZN's at the money IV runs from 25.8 percent at 2 days to 35.4 percent at 81 days.

Days to expiry	At the money IV
2	25.8%
4	29.1%
7	27.1%
11	28.9%
18	28.7%
32	39.1%
39	39.2%
81	35.4%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Weather in RingMaster The Volatility Weather guide

Volatility Smile

On 28 Sep 2026, at the 32 day expiry, AMZN's IV ten percent below the price sits 5.3 points above at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	44.4%	+5.3 points
At the money	39.1%	0.0 points
10% above the price	40.6%	+1.6 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Smile in RingMaster The Volatility Smile guide

Volatility Surface

On 28 Sep 2026, AMZN's surface spans 11 expiries out to 81 days, with IV from 26.3 to 49.5 percent near the price.

Figure	Value
Expiries captured	11
Nearest expiry	30 Sep 2026, 2 days
Farthest expiry	18 Dec 2026, 81 days
Points within 10% of the price, 7 days out or more	126
Lowest IV among them	26.3%
Highest IV among them	49.5%

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Surface in RingMaster The Volatility Surface guide

Expiry Ladder

On 28 Sep 2026, AMZN has 11 captured expiries, from 30 Sep 2026 to 18 Dec 2026.

Expiry	Days	At the money IV	Call open interest	Put open interest
30 Sep 2026	2	25.8%	32,454	14,560
2 Oct 2026	4	29.1%	87,845	59,753
5 Oct 2026	7	27.1%	5,037	2,214
7 Oct 2026	9	29.0%	1,051	227
9 Oct 2026	11	28.9%	27,791	22,008
16 Oct 2026	18	28.7%	256,707	176,152
23 Oct 2026	25	29.2%	25,172	16,730
30 Oct 2026	32	39.1%	127,520	24,309
6 Nov 2026	39	39.2%	1,077	1,870
18 Dec 2026	81	35.4%	267,176	169,280

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Expiry Ladder in RingMaster The Expiry Ladder guide

Strike Table

On 28 Sep 2026, AMZN's largest open interest sits at the 260 strike, with 139,966 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
260	116,275	23,691	139,966
250	67,682	58,774	126,456
270	108,394	12,573	120,967
280	89,759	8,788	98,547
295	82,824	684	83,508
255	55,736	25,585	81,321

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Strike Table in RingMaster The Strike Table guide

Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, AMZN's at the money IV moved from 28.6 percent to 39.1 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	28.6%	39.1%	+10.5 points
Open interest, strikes captured near the price	1.77 million	1.82 million	+49,738
Put/call ratio, open interest	0.55	0.56	+0.01

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Since Yesterday in RingMaster The Since Yesterday guide

Changed Hands

On 28 Sep 2026, 499,079 AMZN option contracts traded, 0.8 times its own recent average.

Figure	Value
Calls traded	359,683
Puts traded	139,396
Against its recent average	0.8 times
Busier than	7 of its last 20 trading days
Open interest, whole chain	3.78 million contracts
Volume to open interest	0.13
Unusual volume flag	Yes, 32 contracts traded well above open interest
Largest flagged contract	The 247.5 call expiring 30 Sep, 13,604 traded against 810 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Changed Hands in RingMaster The Changed Hands guide

Positioning Replay

The replay holds 33 trading days of AMZN's option positioning, from 11 Aug 2026 to 28 Sep 2026.

Date	Close	Net dollar gamma	Top call strike	Top put strike
11 Aug 2026	272.27	$613.26 million	280	270
21 Sep 2026	258.45	$457.3 million	260	250
28 Sep 2026	246.15	$141.98 million	260	240

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Positioning Replay in RingMaster The Positioning Replay guide

Read-out

On 25 Sep 2026 the desk's view of AMZN was neutral, paper trading.

Figure	Value
Side	Neutral at 45 trading days, no signal
Level above the close	249.58, the swing high of 10 Sep 2026
Level below the close	244.30, the swing low of 16 Sep 2026
Strategy family	Iron condor (sell both sides, defined risk)
Price target	None. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Read-out in RingMaster The Read-out guide

Rank by Timeframe

On 25 Sep 2026 AMZN sat at the 60th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	48 of 100	Neutral
20 trading days	87 of 100	Bullish
45 trading days	60 of 100	Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Rank by Timeframe in RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026 AMZN's near timeframes were bullish and its long timeframe was neutral, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bullish	1 of 2
Long	45 day	Neutral	0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMaster The Timeframe Agreement guide

Signal History

On 25 Sep 2026 AMZN had carried no signal for at least 18 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	60 of 100
24 Sep 2026	None	32 of 100
23 Sep 2026	None	23 of 100
22 Sep 2026	None	17 of 100
21 Sep 2026	None	37 of 100
18 Sep 2026	None	39 of 100
17 Sep 2026	None	69 of 100
16 Sep 2026	None	61 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMaster The Signal History guide

Sector Split

On 25 Sep 2026, 27 of 106 Consumer Discretionary names were bullish and 33 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Consumer Discretionary	106	27	33	46

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMaster The Sector Split guide

Price Chart

AMZN closed at 246.15 on 28 Sep 2026.

Figure	Value
Last close	246.15
Change over 5 trading days	-4.8%
Change over 21 trading days	-3.9%
Change over 63 trading days	+2.5%
Change over 252 trading days	+12.8%
52 week high	287.20
52 week low	196.00
20 day moving average	253.29
50 day moving average	256.15
200 day moving average	240.94
RSI, 14 days	41

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

Open Price Chart in RingMaster The Price Chart guide

Earnings Radar

AMZN reports next on 29 Oct 2026, a date worked out from past quarters.

Figure	Value
Next report	29 Oct 2026, after the close
Date	Worked out from past quarters
Move after the report of 30 Jul 2026	+15.3%
Move after the report of 29 Apr 2026	+0.8%
Move after the report of 5 Feb 2026	-5.5%
Move after the report of 30 Oct 2025	+9.6%

Earnings calendar as of 28 Sep 2026. Current on every plan.

Open Earnings Radar in RingMaster The Earnings Radar guide

Company Events

AMZN filed 1 current report in the 14 days to 28 Sep 2026, the latest on 14 Sep 2026.

Filed	Report	What it covers
14 Sep 2026	Current report	Other Events

Filings as of 28 Sep 2026. Current on every plan.

Open Company Events in RingMaster The Company Events guide

Public Filings

8 of the 10 fund managers the desk tracks list AMZN among the top holdings of their latest quarterly report.

Fund manager
Bridgewater Associates
Renaissance Technologies
Pershing Square
Duquesne Family Office
Appaloosa
Third Point
Tiger Global
ARK Investment Management

Every filing is reproduced as filed, and each one reaches the public days or weeks after the trade.

Filings as of 28 Sep 2026. Current on every plan.

Open Public Filings in RingMaster The Public Filings guide

Short Volume

On 25 Sep 2026, 29.7 percent of AMZN's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	29.7%
Five day average	28.8%
52 week median	32.1%
Short interest, share of shares outstanding	0.8% at the 15 Sep 2026 settlement
Days to cover	2.8

Short sale volume counts trades marked short at the covered venues, mostly off exchange. It is not the same as short interest.

Short volume as of 25 Sep 2026. Current on every plan.

Open Short Volume in RingMaster The Short Volume guide

Seasonality

In the 29 Septembers on record, AMZN's average change was plus 5.6 percent, and it rose in 55.2 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	+5.6%	+2.4%	55.2%	29
October	+2.9%	+2.4%	55.2%	29
November	+6.7%	+6.2%	72.4%	29

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

Open Seasonality in RingMaster The Seasonality guide

Headlines

The desk's news feeds carried 8 headlines naming AMZN in the 3 days to 28 Sep 2026.

Figure	Value
Headlines in the window	8
Latest	28 Sep 2026

The titles are in the Headlines window, with the time each was published.

Headlines as of 28 Sep 2026. Current on every plan.

Open Headlines in RingMaster The Headlines guide

Questions

What is AMZN's IV rank?: AMZN's IV rank is 85 of 100 on 28 Sep 2026.
What move are AMZN options pricing?: On 28 Sep 2026, AMZN options priced a move of 11.2 percent down and 11.9 percent up by 30 Oct 2026.
Where are AMZN's call wall and put wall?: On 28 Sep 2026, AMZN's call wall is the 260 strike and its put wall is the 240 strike.
What was the latest Trade Card for AMZN on the Free plan?: On 25 Sep 2026 the Trade Card for AMZN was an iron condor expiring 30 Oct 2026, paper trading.
When does AMZN report earnings next?: AMZN reports next on 29 Oct 2026, a date worked out from past quarters.

More Consumer Discretionary names

Guides and the full list

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans