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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 Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Bull Put Spread
Invalidation: Spot breaks below $100 support
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.6% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV significantly above VIX (95.8 vs 17.7)
Favorable?
Yes

Term structure: Extreme steepness: front-week IV 18% vs back-month ~90%

🔥IV at 95.8% vs VIX 17.7; extreme skew favors premium sellers but pin risk high
⚠️Gamma flip at $100 with heavy put OI; elevated pin risk

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+21.5M)

Gamma flip: ~$100.00 — Approx — based on put OI concentration of 56,599 (0.5% below spot)

OI concentrations: Put OI 56,599 at ~$100 (0.5% below spot); call OI wall $115-$150

Verdict: Elevated pin risk at $100 due to gamma flip and max pain; caution for short strikes

Premium Opportunities

#1
Put credit spread
Sell 2026-07-10 $95.00/$92.00 put spread
Sell $95/$92 put spread to collect premium with defined risk.
Credit: $1.10-$1.35
Max loss: $1.65
BE: $93.65
Mgmt: Exit if spot nears $100; roll at 50% profit.
#2
Iron condor
Sell 2026-07-10 $95.00/$92.00 put wing and $102.00/$110.00 call wing
Sell $95/$92 put wing and $102/$110 call wing.
Credit: $3.78-$4.62
Max loss: $3.38
BE: 90.38 / 106.62
Mgmt: Manage wings if spot moves near strikes.
#3
Cash-secured put
Sell 2026-07-10 $95.00 cash-secured put
Sell $95 put to collect premium, obligated to buy stock.
Credit: $6.17-$7.54
Max loss: $87.46
BE: $87.46
Mgmt: Monitor spot; roll or close if below $100.

Risk Alerts

!Front-week expiry (0 DTE) with abnormally low IV of 18%; risk of gap
!Gamma flip at $100; avoid naked options near that strike
How to Use These Reports
This theta 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.