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CRWV

CoreWeave, Inc.Close $117.95EOD only
Max Pain
$110.00
Next expiry Jun 26, 2026
Expected Move
±$12.00
10.2% from close
Price Gap
-7.95
Distance to max pain
IV Rank
88
High premium
P/C OI
0.91
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
CRWV Theta Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Put credit spreads
Invalidation: Spot breaks below $100 gamma flip
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 17.9% from MP; +1 VIX 16

IV Environment

IV Regime
High
IV vs VIX
Avg IV 94% vs VIX 16.4, elevated vols
Favorable?
Yes

Term structure: 0DTE put IV 238% extreme skew; rest term 80-92% with put skew

🚨0DTE put IV 238% vs call 155% extreme skew
🔥GEX +$91.8M bullish dealer hedging

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+91.8M)

Gamma flip: ~$100.00 — Approx — based on put OI concentration of 56,281 (15.2% below spot)

OI concentrations: Put OI 56k at $100 (gamma flip); call OI wall $130-$150

Verdict: Spot $120.48 above max pain $100; pin risk moderate due to gamma floor at $100

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $115.00/$110.00 put spread
Defined risk edge from elevated IV and support at $100.
Credit: $2.00-$2.45
Max loss: $2.55
BE: $112.55
Mgmt: Monitor invalidation at $100, manage early if spot approaches.
#2
Cash-secured put
Sell 2026-07-17 $110.00 cash-secured put
Captures high premium with potential assignment risk.
Credit: $6.66-$8.14
Max loss: $101.86
BE: $101.86
Mgmt: Manage near invalidation level $101.9, avoid naked short puts.

Risk Alerts

!0DTE expiry skew extreme, avoid naked short puts
!High IV environment, monitor vega exposure
How to Use These Reports
This theta reflects the market close on June 18, 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.