AMZN Options History — November 2025

In November 2025, AMZN traded between $217.44 and $254.83. ATM implied volatility averaged 32.0%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 14.0% (HV 20d: 46.0%). Max pain ranged from $205.00 to $225.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.52.

Notable Days

  • 2025-11-03: Highest Volume — 1,182,135 contracts
  • 2025-11-21: Largest IV drop — 9.3% change
  • 2025-11-20: Highest IV Rank — 35.1%
  • 2025-11-20: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$236.45$217.44$254.83$254.83$231.94
Max Pain$210.79$205.00$225.00$220.00$210.00
ATM IV32.0%29.1%38.0%30.9%29.1%
Expected Move9.3%8.5%10.9%9.0%8.5%
HV 20d46.0%43.0%47.7%45.6%46.5%
HV 60d34.0%33.3%35.0%33.4%33.8%
IV Rank21.6%14.1%35.1%20.0%14.1%
IV Percentile54.7%38.5%79.4%51.2%38.5%
Term Structure-0.1%-1.3%0.6%0.4%0.1%
VWIV32.7%30.4%37.9%32.7%30.4%
Skew 25d3.5%1.5%7.3%1.5%2.1%
Skew 10d7.5%3.9%15.3%3.9%4.6%
Call IV 25d30.5%28.1%34.3%30.7%28.1%
Put IV 25d34.1%30.2%41.6%32.1%30.2%
Bid-Ask Spread %2.041.492.411.931.66
Gamma HHI0.060.040.090.070.09
Net GEX646.5M106.3M1.09B1.09B951.8M
Net DEX-20.23B-35.79B-6.35B-35.79B-18.73B
Net VEX-145.4M-149.3M-140.9M-146.1M-146.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.300.790.510.34
Total Volume619,610.632310,5701,182,1351,182,135392,372
Total OI4,783,662.8424,394,4755,008,8864,570,1374,778,800

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$254.83$220.0030.9%9.0%45.6%20.0%32.7%1.5%0.4%1.09B-35.79B-146.1M0.511.93N/AN/A784,841397,2942,641,5401,928,597
2025-11-04$249.93$225.0030.8%9.0%46.5%19.9%32.0%2.8%0.2%931.1M-30.30B-148.4M0.681.94N/AN/A398,917270,2682,732,5452,025,919
2025-11-05$248.72$225.0029.7%8.7%46.5%17.3%31.1%2.1%0.4%960.4M-29.40B-147.7M0.531.93N/AN/A289,140152,5522,789,2192,058,110
2025-11-06$244.05$205.0031.1%9.0%47.2%20.4%32.3%2.8%0.4%702.7M-25.39B-149.1M0.592.41N/AN/A362,813214,5442,833,9152,078,168
2025-11-07$244.69$205.0031.2%9.1%44.1%20.7%32.8%2.1%0.6%798.5M-26.10B-149.3M0.692.32N/AN/A401,149276,0672,864,1042,080,827
2025-11-10$248.90$205.0030.7%8.9%44.2%19.6%31.7%2.0%0.2%932.7M-28.92B-145.6M0.412.17N/AN/A355,591146,7202,678,0891,963,608
2025-11-11$249.03$205.0029.4%8.5%43.0%16.6%30.6%2.7%0.3%1.01B-29.12B-143.6M0.632.22N/AN/A190,063120,5072,745,0041,990,748
2025-11-12$244.90$205.0030.0%8.7%43.8%17.9%30.4%2.3%0.4%867.5M-25.53B-146.4M0.432.03N/AN/A324,889140,1712,775,6912,010,509
2025-11-13$238.82$210.0032.1%9.2%45.0%21.2%32.7%3.7%0.2%591.5M-20.49B-148.4M0.642.19N/AN/A364,625234,1892,835,5612,031,951
2025-11-14$235.00$210.0031.6%9.1%45.5%20.2%31.8%4.5%0.0%413.7M-17.53B-147.3M0.512.23N/AN/A396,201203,1092,859,2392,073,460
2025-11-17$232.24$210.0034.3%9.8%45.7%26.5%34.1%4.4%-1.0%447.7M-15.84B-145.2M0.572.01N/AN/A369,637211,6292,739,2922,019,593
2025-11-18$223.59$210.0036.0%10.3%47.1%30.3%35.8%5.3%-1.1%217.1M-9.74B-142.4M0.512.16N/AN/A492,194253,0142,788,9602,044,729
2025-11-19$222.29$210.0036.3%10.4%46.5%31.1%35.5%5.7%-1.2%223.9M-9.51B-142.1M0.442.12N/AN/A475,352211,4842,855,5152,051,559
2025-11-20$217.44$210.0038.0%10.9%46.9%35.1%37.9%7.3%-1.3%106.3M-6.35B-141.7M0.791.96N/AN/A418,480331,3662,936,9872,069,270
2025-11-21$220.84$210.0034.4%10.0%46.9%26.7%34.9%5.7%-0.9%231.9M-9.64B-140.9M0.502.37N/AN/A521,232262,9002,950,0052,058,881
2025-11-24$226.37$210.0031.6%9.2%47.7%20.2%32.6%4.0%-0.1%442.8M-13.36B-142.5M0.302.01N/AN/A468,555140,9312,540,4731,854,002
2025-11-25$229.17$210.0030.4%9.0%47.7%17.4%31.3%3.6%0.1%636.4M-15.87B-144.0M0.361.49N/AN/A472,896169,8832,665,7421,881,319
2025-11-26$229.71$210.0029.7%8.8%47.7%15.5%30.9%2.6%0.1%726.9M-16.74B-146.2M0.361.66N/AN/A408,906148,1212,746,3821,911,281
2025-11-28$231.94$210.0029.1%8.5%46.5%14.1%30.4%2.1%0.1%951.8M-18.73B-146.0M0.341.66N/AN/A291,755100,6172,831,6761,947,124