AMZN Options History — July 2025

In July 2025, AMZN traded between $219.63 and $234.79. ATM implied volatility averaged 34.5%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 14.4% (HV 20d: 20.1%). Max pain ranged from $200.00 to $210.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.46.

Notable Days

  • 2025-07-31: Highest Volume — 1,231,698 contracts
  • 2025-07-31: Largest IV spike — 6.0% change
  • 2025-07-08: Highest IV Rank — 34.0%
  • 2025-07-31: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$226.35$219.63$234.79$221.30$234.79
Max Pain$200.91$200.00$210.00$200.00$210.00
ATM IV34.5%31.9%37.0%35.0%35.5%
Expected Move10.0%7.7%12.5%7.7%12.5%
HV 20d20.1%15.2%23.3%23.0%16.7%
HV 60d30.7%24.4%41.3%41.3%24.4%
IV Rank28.4%22.4%34.0%29.5%30.7%
IV Percentile60.6%53.6%69.0%60.7%69.0%
Term Structure-1.5%-2.1%-0.3%-0.3%-2.1%
VWIV34.7%26.7%43.3%26.7%43.3%
Skew 25d3.1%1.0%3.9%3.9%1.0%
Skew 10d6.3%2.5%8.1%7.9%2.5%
Call IV 25d32.8%30.5%35.2%33.9%34.9%
Put IV 25d35.9%33.0%38.8%37.8%36.0%
Bid-Ask Spread %2.131.662.752.012.22
Gamma HHI0.110.080.350.100.08
Net GEX793.6M530.1M1.64B782.1M609.4M
Net DEX-20.49B-23.28B-17.58B-19.58B-22.95B
Net VEX-112.3M-116.0M-107.9M-116.0M-111.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.260.820.380.45
Total Volume521,228.091238,3531,231,698590,6601,231,698
Total OI3,848,1453,560,7444,127,8203,793,9903,813,838

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$221.30$200.0035.0%7.7%23.0%29.5%26.7%3.9%-0.3%782.1M-19.58B-116.0M0.382.01N/AN/A429,432161,2282,122,9081,671,082
2025-07-02$219.72$200.0036.4%7.7%23.0%32.8%26.7%3.6%-1.2%697.0M-18.51B-115.7M0.381.91N/AN/A335,764128,1172,174,0231,701,645
2025-07-03$223.22$200.0035.0%9.5%23.3%29.4%32.9%3.7%-0.6%941.6M-21.50B-114.4M0.262.27N/AN/A493,454130,0752,200,3231,729,171
2025-07-07$223.11$200.0036.9%10.0%23.3%34.0%34.0%3.6%-1.8%735.3M-19.89B-113.6M0.312.75N/AN/A419,758131,7792,075,5711,644,395
2025-07-08$219.63$200.0037.0%10.2%23.3%34.0%34.9%3.6%-1.4%657.2M-17.58B-113.7M0.592.28N/AN/A433,618256,1002,194,3251,680,772
2025-07-09$222.42$200.0035.9%9.9%22.9%31.7%33.7%3.0%-1.4%889.9M-20.00B-113.7M0.492.41N/AN/A355,604174,2512,242,7081,729,007
2025-07-10$222.37$200.0036.1%10.0%22.8%32.0%34.2%2.9%-1.5%864.5M-19.59B-115.2M0.472.05N/AN/A300,413140,9302,273,2701,739,749
2025-07-11$225.19$200.0035.4%9.8%22.1%30.3%33.7%3.0%-1.7%1.64B-22.34B-114.1M0.292.01N/AN/A680,678199,6622,308,9051,765,204
2025-07-14$225.01$200.0034.9%9.9%22.1%29.3%34.3%3.5%-1.4%803.2M-20.42B-111.8M0.492.11N/AN/A269,525132,0632,167,2691,689,444
2025-07-15$226.93$200.0035.1%10.0%21.9%29.8%34.5%3.8%-1.5%909.8M-21.81B-112.7M0.471.85N/AN/A251,248117,7532,211,2021,729,953
2025-07-16$223.38$200.0034.5%9.9%21.5%28.5%34.7%3.8%-1.5%644.4M-18.71B-113.0M0.452.30N/AN/A343,730153,7262,225,8551,751,702
2025-07-17$224.07$200.0033.9%9.8%21.2%27.1%34.2%3.7%-1.7%717.9M-19.43B-111.6M0.371.87N/AN/A317,092118,7102,263,2141,778,192
2025-07-18$225.99$200.0033.4%9.7%21.3%25.8%34.1%3.5%-1.6%837.7M-21.66B-112.2M0.472.23N/AN/A402,044190,4352,313,7191,814,101
2025-07-21$229.21$200.0033.0%9.9%18.7%25.0%34.7%2.7%-1.3%713.6M-20.62B-110.3M0.452.12N/AN/A340,589154,7651,961,4911,599,253
2025-07-22$227.78$200.0033.5%10.2%18.7%26.1%35.7%2.9%-1.3%695.8M-19.80B-111.5M0.472.22N/AN/A246,907114,8152,032,4361,640,391
2025-07-23$227.89$200.0033.4%10.3%17.1%25.9%35.8%2.5%-1.4%720.7M-19.92B-110.9M0.491.98N/AN/A172,00183,6462,068,4531,669,895
2025-07-24$232.01$200.0033.2%10.2%17.1%25.4%35.6%2.4%-1.5%1.06B-23.28B-110.3M0.362.41N/AN/A557,517201,3612,105,8921,686,332
2025-07-25$231.95$200.0031.9%9.9%15.6%22.4%34.8%2.5%-1.5%878.2M-22.33B-108.6M0.602.28N/AN/A256,889154,9172,094,1111,727,421
2025-07-28$232.75$200.0032.5%10.7%15.2%23.6%37.6%2.6%-1.5%555.9M-21.27B-107.9M0.411.82N/AN/A290,201117,7451,958,9721,639,212
2025-07-29$231.26$205.0033.3%11.0%15.5%25.5%38.5%2.7%-1.8%575.2M-20.37B-110.6M0.821.66N/AN/A131,222107,2032,029,6371,681,233
2025-07-30$229.81$205.0033.5%11.4%15.7%26.1%39.5%2.7%-2.0%530.1M-19.26B-110.7M0.642.14N/AN/A145,61292,7412,046,1961,706,718
2025-07-31$234.79$210.0035.5%12.5%16.7%30.7%43.3%1.0%-2.1%609.4M-22.95B-111.3M0.452.22N/AN/A850,006381,6922,075,0371,738,801