AInvestOption Pilot Program
Options/AMZP
A

AMZPKurv Yield Premium Strategy Amazon (AMZN) ETF

Options Analysis Report
AUM $19M|BATS
● 2026-08-31$27.33
BULLISH
Analysis: 2026-08-28 EOD data
1Y -7.2%YTD -2.0%7D +1.7%
16
30D
±8.8%
12%

AMZP Options Overview

bullish flow. No clear edge detected.

REWARDS

RISK ANALYSIS

5.5VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
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AMZP Gamma Walls

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Value

Is IV priced right?

5.1
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks3/9 checks passed
≤35%

IV Rank 53.9% — elevated vs history

<1.05x

IV/HV 1.15x — IV premium over HV

Sector Relative≤50%

Sector percentile 73% — above sector median

<1.1x

Front/Back 0.80x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 34.2% — normal range

<80%

Effective IV 200.9% (ATM 34.2% + spread 83.3% + bias) — expensive

<3.0%

Total drag 118.59% (spread 83.33% + slippage 35.26%) — high friction

≥5.0

Vega efficiency 0.75 (vega 6.289 / spread 83.33%) — spread drag

Sentiment

Bullish or bearish?

7.3
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBullish - Moderate signal (Conviction: +25%, Raw: +25%)
|net sentiment| ≥25%

Conviction-weighted: +25% (bullish) — Raw: +25%

≥15%

|OI skew| 8.3% — balanced

Same sign, |vol skew| ≥10%

Vol skew +87.5%, OI skew +8.3% — aligned

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +0%, ATM: +25%, OTM: +0% — bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 4% — very bullish vs sector

Activity

Unusual activity?

6.4
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed
≥1.5x

Volume 1.4x avg — normal

≥15%

Vol/OI 22.2% — high turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +7.5% (5d) — building

Sector Relative≥60%

Sector activity percentile 93% — very active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 50% — patient

≥30

Conviction +25 (bullish) — mixed

Liquidity

Can I trade efficiently?

2.1
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks0/8 checks passed
≤5.0%

Spread 83.3% — wide

≥10,000

OI 72 — thin

≥500

Volume 16/day — thin

≤$0.50

$4.17 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 80% — wider than sector

≥100 contracts

Depth 90.0 contracts (bid:12.5 ask:77.5) — thin

<1.0%

Avg slippage 35.26% — poor

Timing

Is now a good time?

6.6
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -19.9% — contango

<30 or >70

IV percentile 54% — neutral

≥10pts kink

IV kink -8.3pts — no clear event

<0.5 or >2.0

θ/ν ratio 2168.62 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +25% @ 62% consistency — moderate (bullish)

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls6.7
bullishIV fair, bullish flow
Long Puts4.0
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.4
bullishIV fair, bullish flow
Covered Call3.8
bearishIV fair, bullish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on AMZP

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