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CRWV

CoreWeave, Inc.Close $100.55EOD only
Max Pain
$100.00
Next expiry Jun 18, 2026
Expected Move
±$9.52
9.5% from close
Price Gap
-0.55
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
0.86
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

This page reflects CRWV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 12, 2026 close
CRWV Earnings Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

No near-term earnings event; options imply large moves but flow is heavily bullish on OTM calls. Historical beat rate is low (20%).

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.6% from MP; +1 VIX 18
Most important: Heavy OTM call buying for 0DTE and weekly options suggests speculative positioning, not earnings-driven.
⚠️OTM call volume ratio 12:1 vs puts at $103 strike – extreme speculative call buying

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$100.00 — Approx — based on put OI concentration of 56,599 (0.5% below spot)

Earnings Overview

Expected moves:

  • 2026-06-18 (6d): ±$9.52 (9.5%)
  • 2026-06-26 (14d): ±$14.15 (14.1%)
  • 2026-07-02 (20d): ±$16.88 (16.8%)

IV Setup

Term structure: Steep; 6d IV ~9.5%, 14d ~14.1%, 20d ~16.8%

Crush estimate: N/A – no earnings event expected soon

Skew: Call skew elevated; put/call OI ratio 0.86 balanced but call volume ratio 0.37 shows call dominance

Historical Context

Beat rate: 20% (1/5 quarters)

Avg move vs expected: Limited data; beat rate 20% (1/5) suggests downside bias

Directional bias: Bearish based on historical misses, but current flow bullish

Key Levels

1$100.00 gamma flip
2EM guardrails: 1w $91.03/$110.08
3Max pain pins: $100 (2026-06-12); $100 (2026-06-18); $104 (2026-06-26)

Flow Highlights

Massive OTM call buying: $102–$108 strikes for 6/12 expiry with vol/OI >5x, mostly 0.01 premium

Speculative lottery ticket buying; not delta hedging, likely retail or gamma scalping intent

$110 call for 7/2 expiry with 87.6% IV, 8.3 vol/OI

High IV suggests elevated uncertainty into that date; possibly bets on a catalyst

Strategies

Risk Assessment

!Gamma pinning at $100; spot at $100.48 is near max pain
!High IV may crush if no catalyst; overnight gap risk from overhang of OTM calls
!Put floor $55–$65 provides downside support but $115–$150 call wall caps upside

What to Watch

?Spot reaction to $100 max pain; break above $105 or below $98
?Volume on 0DTE options (6/12) for gamma squeeze potential
?Gamma flip level ~100 from put OI concentration
How to Use These Reports
This earnings reflects the market close on June 12, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.