Amazon.com Inc.

AMZN
265.44 USD ↓ 3.55 (-1.32%)
Last updated: 17h ago · Pre-mkt
OI Walls · 2026-05-13

AMZN OI Walls

What is this?
Total OI 932K
Call OI 584K
Put OI 348K
OI PCR 0.60
Total Volume 338K
Call Volume 215K
Put Volume 123K
Volume PCR 0.57
ATM IV (nearest) 30.67%
ATM IV (30d) 29.66%
Max Pain 270 2026-05-13 · 0d
Expected Move ±1.32% 262 – 269
Call Wall · Resistance $280.00 47K OI · +5.5% from spot
Put Wall · Support $200.00 24K OI · −24.7% from spot
Max Pain NaN% from spot
Put-Call Ratio 0.60 Bullish

What are OI Walls?

An OI Wall is a strike price where open interest is so heavily concentrated that it acts like a gravitational force on the underlying price. The Call Wall — the strike with the highest call OI — functions as resistance: dealers short those calls must sell the underlying as price rises toward it, creating a natural ceiling. The Put Wall works in reverse as support.

For Amazon.com Inc. (AMZN), the chart above aggregates OI across all expiries. The highlighted bars are the dominant walls — levels where institutional hedging flows are concentrated right now.

Deep dive: How to trade OI Walls
Call Wall — Resistance

Dealers short calls hedge by selling the underlying as price approaches — creates a natural price ceiling.

Put Wall — Support

Dealers short puts hedge by buying the underlying on dips — creates a natural price floor.

Max Pain — Expiry Magnet

Price gravitates toward the strike where option sellers face minimum loss as expiry approaches.

Chart Guide

What is OI Walls?

The invisible barriers the market builds around price

OI Walls identifies strikes with massive open interest concentration across all expiries. These levels act as natural support and resistance — when price app…

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Frequently Asked Questions

What is the call wall for AMZN right now?
The current call wall (resistance) for AMZN is at $280.00, with 47K contracts of call open interest concentrated there — that's +5.5% above the current spot price. This level acts as resistance because dealers who are short those calls hedge by selling the underlying as price rises toward it.
What is an OI wall in options trading?
An OI wall is a strike price with an unusually large concentration of open interest. The call wall acts as resistance — market makers short those calls and sell the underlying as price approaches, creating a ceiling. The put wall acts as support — market makers short those puts and buy the underlying on dips. These levels are powerful short-term price magnets for AMZN traders.
What is max pain and how is it calculated for AMZN?
Max pain is the price at expiry where the total payout to all AMZN option holders is minimised — meaning option sellers (typically institutions) profit the most. It's calculated by summing, for every strike, the intrinsic value of all calls and puts outstanding, and finding the strike that minimises this total. The current AMZN max pain level is —. Stocks often drift toward max pain in the final days before expiry.
How do I use the put-call ratio (PCR) alongside OI walls?
The PCR complements OI walls by giving a directional bias. AMZN's current PCR is 0.60 (Bullish). A PCR above 1.2 means more puts than calls — bearish positioning. Below 0.8 is bullish. Combined with the OI walls, a high PCR near the put wall suggests strong institutional support at that level, while a low PCR near the call wall signals strong resistance.
How often does AMZN OI wall data update on StrikeVue?
AMZN OI wall data — call wall, put wall, max pain, and PCR — refreshes every 5 minutes during United States market hours. StrikeVue is completely free and requires no login or broker account.