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CRWV

CoreWeave, Inc.Close $88.99EOD only
Max Pain
$90.00
Next expiry Sep 18, 2026
Expected Move
±$6.62
7.4% from close
Price Gap
+1.01
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Sep 11, 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
Sep 11, 2026 close
CRWV Theta Report
Analysis based on market close June 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 15, 2026. A newer theta report is available for June 18, 2026.

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Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Theta-oriented premium selling near max pain
Invalidation: Spot breaks below $100 support or above $115 resistance
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 6.7% from MP; +1 VIX 16

IV Environment

IV Regime
High
IV vs VIX
IV 91.6% vs VIX 16.2 – extremely elevated
Favorable?
Yes

Term structure: Front-end inverted (89% at 3d), then contango to 82-90%

📈IV inflated vs VIX; event risk priced in
🔄Term structure inverted near expiration – caution on vega
✅Positive GEX and bullish flow support short premium

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+30.8M)

Gamma flip: ~$100.00 — Approx — based on put OI concentration of 56,709 (6.3% below spot)

OI concentrations: Put OI 56,709 at $100 (6.3% below spot); call wall $115-$150; put floor $62-$100

Verdict: Elevated pin risk – expiration in 3 days with max pain at $100; gamma flip nearby

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $100.00/$97.50 put spread
Sell 2026-07-17 $100/$97.5 put spread, max gain $1.13, max loss $1.37, theta decay with 3 days to expiry
Credit: $0.92-$1.13
Max loss: $1.37
BE: $98.87
Mgmt: Monitor pin risk; close early if CRWV drops below $100 or hold to expiry for max decay

Risk Alerts

!Expiration in 3 days – time decay accelerates but gamma risk spikes
!IV crush potential post-event; wide bid-ask spreads likely
!Max pain $100 acts as magnetic level; avoid holding through expiry
How to Use These Reports
This theta reflects the market close on June 15, 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.