AMZN Options History — January 2026

In January 2026, AMZN traded between $226.20 and $247.25. ATM implied volatility averaged 39.0%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 14.2% (HV 20d: 24.9%). Max pain ranged from $215.00 to $230.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.43.

Notable Days

  • 2026-01-06: Highest Volume — 980,300 contracts
  • 2026-01-05: Largest IV spike — 13.5% change
  • 2026-01-29: Highest IV Rank — 46.6%
  • 2026-01-30: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$239.01$226.20$247.25$226.20$239.91
Max Pain$224.75$215.00$230.00$215.00$230.00
ATM IV39.0%30.4%42.9%30.4%42.6%
Expected Move11.1%7.4%13.5%7.4%13.5%
HV 20d24.9%18.6%28.4%18.6%28.4%
HV 60d31.9%24.4%33.7%32.6%24.4%
IV Rank37.6%17.1%46.6%17.1%46.1%
IV Percentile80.3%43.7%91.3%43.7%90.5%
Term Structure-1.2%-2.5%10.0%10.0%-2.5%
VWIV38.5%25.7%46.9%25.7%46.9%
Skew 25d2.7%2.0%4.5%2.1%2.3%
Skew 10d5.9%4.2%9.2%4.2%5.6%
Call IV 25d37.7%25.7%42.2%25.7%42.2%
Put IV 25d40.4%27.8%44.5%27.8%44.5%
Bid-Ask Spread %4.332.497.422.493.64
Gamma HHI0.080.050.160.050.10
Net GEX752.5M217.7M1.57B217.7M691.9M
Net DEX-18.15B-28.32B-9.26B-10.48B-16.26B
Net VEX-145.0M-152.8M-137.3M-137.3M-152.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.320.570.410.43
Total Volume609,533.9328,260980,300909,590626,775
Total OI4,198,033.953,637,0574,645,5974,295,4494,177,288

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$226.20$215.0030.4%7.4%18.6%17.1%25.7%2.1%10.0%217.7M-10.48B-137.3M0.412.49N/AN/A643,974265,6162,464,6621,830,787
2026-01-05$232.84$220.0034.4%9.8%20.5%26.8%34.4%2.1%-1.1%646.9M-15.87B-140.3M0.433.35N/AN/A406,667173,9062,390,9781,813,088
2026-01-06$241.41$220.0036.5%10.0%24.0%31.6%34.9%2.0%-0.9%1.01B-23.38B-143.8M0.403.50N/AN/A698,412281,8882,456,9271,844,171
2026-01-07$241.84$220.0037.8%10.1%23.5%34.7%34.9%2.3%-1.0%1.05B-23.72B-146.0M0.335.85N/AN/A661,673216,6002,548,6021,881,568
2026-01-08$245.82$220.0037.4%10.1%24.0%33.8%35.1%2.4%-1.0%1.24B-27.38B-145.6M0.455.72N/AN/A438,845197,5662,612,1241,906,902
2026-01-09$247.25$225.0037.3%10.0%23.4%33.5%35.2%2.0%-1.1%1.57B-28.32B-145.3M0.573.58N/AN/A423,966240,0012,630,5831,948,613
2026-01-12$247.02$225.0037.8%10.2%22.8%34.6%36.7%2.2%-1.9%1.03B-25.67B-143.2M0.413.72N/AN/A329,256135,0232,508,1931,868,653
2026-01-13$242.17$225.0039.2%10.6%23.4%38.0%36.7%2.7%-2.2%820.1M-21.22B-145.1M0.566.40N/AN/A277,597156,2422,546,9431,900,914
2026-01-14$236.96$225.0040.0%10.8%24.1%39.8%36.9%3.1%-2.3%565.4M-16.55B-143.0M0.494.08N/AN/A338,701165,9172,569,3331,920,700
2026-01-15$237.28$225.0040.0%10.9%24.1%39.8%37.5%2.8%-2.4%656.1M-17.13B-143.0M0.403.84N/AN/A368,131148,8462,613,4531,946,122
2026-01-16$238.47$225.0038.2%10.5%23.9%35.6%36.7%3.2%-2.3%644.8M-18.12B-142.7M0.486.23N/AN/A350,210168,1622,679,6301,965,967
2026-01-20$230.67$225.0042.2%12.0%26.1%45.0%41.0%4.5%-2.0%269.3M-9.26B-140.5M0.473.68N/AN/A366,940172,2752,093,2171,543,840
2026-01-21$230.88$225.0040.4%11.6%26.0%40.7%39.8%3.1%-1.8%310.4M-9.58B-141.9M0.377.42N/AN/A394,867147,0542,174,5211,592,705
2026-01-22$233.99$225.0039.1%11.3%26.4%37.9%39.1%3.0%-1.8%519.5M-12.15B-144.0M0.403.44N/AN/A382,664152,2462,233,3841,617,729
2026-01-23$238.99$225.0039.8%11.6%27.1%39.4%40.5%3.1%-2.0%871.1M-16.37B-145.9M0.394.72N/AN/A548,307211,5442,288,4111,637,528
2026-01-26$239.34$230.0041.2%12.4%27.1%42.7%43.2%3.5%-1.9%578.7M-15.43B-147.1M0.443.20N/AN/A227,814100,4462,179,9371,597,266
2026-01-27$244.65$230.0042.4%12.9%28.0%45.4%44.8%2.9%-1.7%723.9M-19.58B-148.5M0.323.69N/AN/A520,506165,2902,225,1321,630,474
2026-01-28$243.38$230.0041.2%12.8%28.1%42.7%44.4%2.7%-2.0%828.7M-19.22B-151.0M0.363.55N/AN/A422,552151,1202,338,9421,672,997
2026-01-29$241.08$230.0042.9%13.4%28.4%46.6%46.2%2.3%-2.3%808.9M-17.30B-152.8M0.484.58N/AN/A346,039167,0402,401,1511,707,244
2026-01-30$239.91$230.0042.6%13.5%28.4%46.1%46.9%2.3%-2.5%691.9M-16.26B-152.5M0.433.64N/AN/A439,104187,6712,448,0711,729,217