Wow, great to wake up and have so many responses and suggestions!
My friend had a similar slide & positioned it just after the shallow end began to slope into the deep end - when small kids went down there were no problems but if a big kid or even worse an adult went down & turned the wrong way several came close to hitting the bottom & they had a few grazes luckily it was never anyone’s head.
my vote Is the deep end
When I mention "side vs deep", since this is an old pool (50 years and restored) that was designed for a dive well, the shallow end is only about 10 feet long before it starts to taper to the deep end. Where the slide would go on the side (option #1) the depth would still be about 7-8 feet deep.
The side deck is 5' and the deep end deck is 8'. The slide stairs are positioned about 1'6'' from deck edge.
I would have preferred if they installed it closer to the coping/pool edge, but the slide still throws us into the deepest point of the pool (it is vinyl liner so the sides are sloping into deep "well", but we never hit the slopes).
You can see there is no room to walk around the slide without stepping on the grass. Maybe you could put stepping stones on the rocks that are between your deck and the fence? But Typhoon is smaller so it probably gives you enough space even on 5' deck.
Thanks for the picture! The more I can visualize, the more it helps. It looks like your pool is 16' wide? So you come off the slide about 8'? Wow, that is quite a launch! Yes, the typhoon is about a foot smaller in height and has a smaller footprint. We could potentially put in pavers in the rock area, but I don't think it would look great and would definitely be narrow with the fencing
I'm pretty sure slides come with a water entry safety area specification. I would check with the manufacturer and your local governing body to see what the exact requirements are before deciding on placement or slide style. I also suggest you check with your insurance carrier for any additional requirememts they may have.
SR Smith lists the requirement for the slide as 3 feet depth at the wall and 4.5' minimum depth in the landing area. Both locations I listed would be far deeper than that minimum. I checked and Sate Farm does cover slides and I already have additional insurance that I added when we bought a house with a pool.
I think you'll find that slide is not installed according to the manufacturer specifications. If someone was to get hurt, you're going to have a hard time with insurance with an improperly installed slide.
Yes, we will install according to specifications and both locations would meet those depth requirements. My drawings are not to scale

we would definitely leave the required spacing.
My pool is laid out much like yours. I'd 100% put it in spot 1, if for no other reason than you can walk around it. I mean yeah you could put patio stones to go around it, but how awful is that going to look?
Yes, it does have the most space which is nice! About 5 years ago we restored the pool and replaced the decking, obviously very expensive, so I scaled down the deep end deck with the plan to eventually down the road add pavers to extend the deck there. So if I were to put it in #2 spot, I'd plan to go ahead and put down pavers this summer.
The slide orientation (left turn) would be the same for both 1 and 2, so I could always buy it, set it up, and see how it looks in each location before attaching to deck.
I attached pictures for both the depth requirements and a second image with the two slide orientation positions. In picture I've seen it both ways. I think if i were to go with #1, I'd install it like the picture on top, with slide edge parallel to the coping and the slide ladder angling away towards the pool ladder. If I were to go with #2, I'd install it like the middle picture, with the slide ladder parallel to the ledge and the slide entry angling toward the pool ladder (but the slide would be in the middle of the pool far enough away to give clearance and meet the safety distance requirements).
Thanks again everyone! Appreciate and open to any other suggestions or personal experience!
Scott