thetaOwl

CRWV

CoreWeave, Inc.Close $106.71EOD only
Max Pain
$100.00
Next expiry Jun 18, 2026
Expected Move
±$7.95
7.5% from close
Price Gap
-6.71
Distance to max pain
IV Rank
32
Middle-high premium
P/C OI
0.85
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: Jun 15, 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 15, 2026 close
CRWV Flow Report
Analysis based on market close June 16, 2026

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

Flow Verdict

BiasBullish
Confirmation: Spot holds above gamma flip at $112; continued call volume dominance and positive GEX pinning near expiration.
Invalidation: Spot breaks below $112 put support or gamma flip; shift to heavy put buying or vol spike.
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 17.0% from MP; +1 VIX 16

Watch next session: Monitor OTM call buying at 126-130; Volume shifts in puts below 112

Flow Summary

Net premium: +$106.2M bullish

P/C volume ratio: 0.45

P/C OI ratio: 0.87

Strong positive gamma ($79.6M) and net call premium ($106M) support bullish pinning. Unusual prints show aggressive OTM call activity (126, 130, 155) and put hedging near 112-117. Low VIX (16) and bullish flow regime reinforce upside bias. Key resistance at 126-128; support at 112 gamma flip.

Notable Prints

#1
CRWV 2026-06-18 $112.00 Put
Vol: 2,263
OI: 103
Vol/OI: 22.0x
IV: 89.1%
Notional: ~$389K
Intent: Bearish

Read-through: Put buying

#2
CRWV 2026-06-18 $126.00 Call
Vol: 2,332
OI: 111
Vol/OI: 21.0x
IV: 89.5%
Notional: ~$229K
Intent: Bullish

Read-through: Call buying

#3
CRWV 2026-06-18 $117.00 Put
Vol: 2,431
OI: 149
Vol/OI: 16.3x
IV: 87.2%
Notional: ~$887K
Intent: Bearish

Read-through: Put buying

#4
CRWV 2026-07-02 $155.00 Call
Vol: 2,073
OI: 163
Vol/OI: 12.7x
IV: 92.3%
Notional: ~$199K
Intent: Bullish

Read-through: Lottery

#5
CRWV 2026-06-18 $124.00 Call
Vol: 1,171
OI: 129
Vol/OI: 9.1x
IV: 88.6%
Notional: ~$157K
Intent: Bullish

Read-through: Call buying

Institutional Positioning

Call additions: Aggressive call buying at $126, $155, $185, $124, $130 strikes with high vol/oi

Put additions: Heavy put additions at $112, $117, $114, and downside tail hedges at $75, $85

GEX/DEX consistency: Flow aligns with positive GEX/DEX; call buying supports upward gamma, puts for tail risk

OI clusters: Key OI cluster at $100 put (gamma flip level); other notable OI at $114 put and $130 call

Hedging evidence: Downside put buying at $75/$85 suggests tail hedging; mix of call and put activity indicates collar-like positioning

Max pain context: Spot ~17% above max pain; high gamma and positive GEX suggest pinning near current levels around $130

Signal vs Noise

~Signal: aggressive call buying at $126-$155 and put OI at $100
~Noise: $185C speculative, low OI puts at $75/$85 are small positions
~Signal: positive GEX/DEX and net premium $106M

Key Conclusions

📈Aggressive call buying at $126-$155 suggests institutional bullish bet
🛡️Put OI cluster at $100 provides downside support
GEX +$79.6M and DEX +48.8M align, high confidence
How to Use These Reports
This flow reflects the market close on June 16, 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.