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CRWV

CoreWeave, Inc.Close $71.77EOD only
Max Pain
$75.00
Next expiry Aug 7, 2026
Expected Move
±$8.12
11.3% from close
Price Gap
+3.23
Distance to max pain
IV Rank
40
Middle-high premium
P/C OI
0.83
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Jul 31, 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
Jul 31, 2026 close
CRWV Theta Report
Analysis based on market close June 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 17, 2026. A newer theta report is available for June 18, 2026.

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Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Focus on short-dated premium with tight risk controls
Invalidation: Break below $98.51 support or above $120 resistance
Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 15.2% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
Avg IV 93.8% vs VIX 18.44; extremely elevated
Favorable?
Yes

Term structure: Front-end steep backwardation; put IV > call IV at 1DTE

📈Dealer long gamma +$73.5M supports spot
⚠️Put OI concentration at $100; gamma flip risk

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+73.5M)

Gamma flip: ~$100.00 — Approx — based on put OI concentration of 56,711 (13.2% below spot)

OI concentrations: Put OI 56.7k at $100; call wall $130-$150; put floor $62-$100

Verdict: Pinning likely at $100 (0DTE) and $105 (1w); dealer gamma may amplify

Premium Opportunities

#1
Iron condor
Sell 2026-07-10 $110.00/$106.00 put wing and $120.00/$125.00 call wing
Sell put wing 106-110 and call wing 120-125, limiting tail risk.
Credit: $3.08-$3.77
Max loss: $1.23
BE: 106.23 / 123.77
Mgmt: Monitor spot near 100-120; close if gamma flips or support/resistance broken. Liquidity warning: Liquidity constraints: long_put: Open interest below 25.

Risk Alerts

!High IV environment may cause sharp moves
!Gamma flip at $100 if spot declines
!Spot above MP but near resistance
How to Use These Reports
This theta reflects the market close on June 17, 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.