AMZN Options History — February 2026

In February 2026, AMZN traded between $198.42 and $243.32. ATM implied volatility averaged 35.6%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 1.6% (HV 20d: 34.0%). Max pain ranged from $210.00 to $230.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.62.

Notable Days

2026-02-06: Highest Volume — 2,797,876 contracts
2026-02-06: Largest IV drop — 36.3% change
2026-02-05: Highest IV Rank — 65.0%
2026-02-04: Largest Expected Move — 16.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$211.82	$198.42	$243.32	$243.32	$208.62
Max Pain	$218.42	$210.00	$230.00	$230.00	$210.00
ATM IV	35.6%	31.7%	50.7%	42.5%	32.9%
Expected Move	10.6%	9.0%	16.8%	14.2%	9.6%
HV 20d	34.0%	24.4%	37.2%	27.3%	36.4%
HV 60d	28.0%	24.3%	29.1%	24.3%	28.6%
IV Rank	29.6%	20.2%	65.0%	45.7%	23.2%
IV Percentile	64.2%	50.4%	98.4%	89.3%	56.0%
Term Structure	-0.6%	-3.3%	0.1%	-1.9%	-0.0%
VWIV	36.5%	29.9%	58.0%	49.3%	33.1%
Skew 25d	4.2%	2.3%	5.8%	2.3%	5.8%
Skew 10d	8.4%	5.3%	11.9%	5.3%	11.2%
Call IV 25d	34.0%	29.9%	47.8%	40.6%	30.8%
Put IV 25d	38.2%	33.5%	53.6%	42.8%	36.6%
Bid-Ask Spread %	6.05	3.29	10.50	3.61	10.50
Gamma HHI	0.07	0.04	0.34	0.06	0.05
Net GEX	282.9M	-252.1M	1.19B	599.5M	308.7M
Net DEX	-4.28B	-18.36B	3.68B	-18.36B	-5.58B
Net VEX	-153.7M	-164.5M	-133.2M	-150.6M	-164.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.36	1.55	0.48	0.50
Total Volume	1,080,793.737	551,657	2,797,876	626,316	780,574
Total OI	4,627,418.474	3,959,409	5,100,503	3,959,409	4,760,524

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-02-02	$243.32	$230.00	42.5%	14.2%	27.3%	45.7%	49.3%	2.3%	-1.9%	599.5M	-18.36B	-150.6M	0.48	3.61	N/A	N/A	423,265	203,051	2,291,716	1,667,693
2026-02-03	$238.33	$230.00	44.7%	15.3%	26.9%	51.0%	52.8%	2.7%	-2.2%	443.7M	-15.27B	-151.9M	0.45	5.35	N/A	N/A	487,957	218,757	2,355,327	1,695,678
2026-02-04	$233.88	$230.00	47.8%	16.8%	24.4%	58.2%	58.0%	3.9%	-2.7%	343.2M	-12.79B	-152.8M	0.54	5.59	N/A	N/A	357,840	193,817	2,471,882	1,748,168
2026-02-05	$222.23	$220.00	50.7%	13.2%	30.0%	65.0%	45.2%	5.8%	-3.3%	196.5M	-5.95B	-146.9M	0.59	5.77	N/A	N/A	787,480	468,252	2,423,813	1,749,416
2026-02-06	$208.81	$220.00	32.3%	9.2%	35.4%	21.7%	33.1%	3.0%	-0.2%	-252.1M	3.18B	-133.2M	0.52	4.34	N/A	N/A	1,837,873	960,003	2,668,058	1,910,533
2026-02-09	$209.44	$220.00	31.9%	9.1%	35.2%	20.7%	32.3%	3.1%	-0.1%	159.0M	-1.24B	-145.4M	0.44	5.67	N/A	N/A	1,087,215	479,053	2,647,646	1,855,411
2026-02-10	$207.01	$220.00	31.7%	9.0%	35.1%	20.2%	31.8%	2.9%	-0.1%	119.8M	-202.4M	-146.7M	0.45	3.59	N/A	N/A	679,212	302,560	2,757,127	1,878,143
2026-02-11	$204.46	$220.00	31.8%	9.1%	34.9%	20.4%	32.3%	3.3%	-0.1%	1.2M	1.12B	-148.9M	0.45	7.61	N/A	N/A	778,992	348,841	2,884,872	1,913,442
2026-02-12	$198.74	$220.00	33.9%	9.7%	35.3%	25.5%	30.2%	4.5%	-0.2%	-125.1M	3.68B	-146.4M	1.37	3.29	N/A	N/A	735,867	1,005,491	2,924,029	1,913,084
2026-02-13	$198.42	$220.00	32.8%	9.4%	35.2%	22.9%	32.8%	4.3%	-0.1%	-84.9M	3.36B	-148.7M	0.67	3.63	N/A	N/A	755,107	507,273	3,060,409	1,954,446
2026-02-17	$200.69	$215.00	34.1%	9.8%	35.6%	25.9%	33.9%	4.0%	-0.3%	68.5M	730.7M	-153.0M	0.61	7.62	N/A	N/A	641,518	388,704	2,931,602	1,928,394
2026-02-18	$205.15	$215.00	32.4%	9.3%	36.0%	22.0%	32.9%	4.1%	-0.2%	704.6M	-3.57B	-159.2M	0.52	5.57	N/A	N/A	720,507	377,546	3,099,538	1,959,964
2026-02-19	$204.43	$215.00	32.8%	9.4%	35.9%	23.0%	33.2%	4.6%	-0.1%	229.8M	-2.37B	-159.3M	1.55	7.77	N/A	N/A	327,319	507,362	3,056,730	1,963,225
2026-02-20	$209.83	$215.00	31.9%	9.1%	37.1%	20.7%	32.4%	5.1%	0.0%	1.19B	-7.35B	-163.5M	0.36	5.88	N/A	N/A	1,063,454	384,082	3,109,462	1,991,041
2026-02-23	$204.84	$215.00	34.8%	10.0%	36.2%	27.6%	35.3%	5.3%	-0.2%	202.5M	-2.96B	-158.9M	0.60	8.42	N/A	N/A	512,791	307,209	2,658,202	1,830,714
2026-02-24	$208.43	$215.00	33.6%	9.7%	37.2%	24.7%	33.5%	5.0%	-0.0%	384.1M	-5.80B	-163.2M	0.44	4.70	N/A	N/A	431,766	191,759	2,702,840	1,864,278
2026-02-25	$210.18	$210.00	32.5%	9.3%	36.1%	22.2%	32.3%	4.7%	0.1%	581.8M	-7.02B	-164.5M	0.41	7.06	N/A	N/A	459,348	187,539	2,745,482	1,896,874
2026-02-26	$207.78	$210.00	32.0%	9.2%	36.1%	21.0%	29.9%	4.8%	0.1%	302.7M	-4.89B	-162.5M	0.76	8.93	N/A	N/A	361,213	274,484	2,757,136	1,894,052
2026-02-27	$208.62	$210.00	32.9%	9.6%	36.4%	23.2%	33.1%	5.8%	-0.0%	308.7M	-5.58B	-164.4M	0.50	10.50	N/A	N/A	520,581	259,993	2,821,083	1,939,441