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NVDA

NVIDIA CorporationClose $214.75EOD only
Max Pain
$215.00
Next expiry Jun 5, 2026
Expected Move
±$5.59
2.6% from close
Price Gap
+0.25
Distance to max pain
IV Rank
51
Middle-high premium
P/C OI
0.82
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 3, 2026 close
End-of-day snapshot

This page reflects NVDA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 3, 2026 close
NVDA Earnings Report
Analysis based on market close June 4, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

NVDA earnings 83 days out; strong bullish flow and 100% beat rate.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.7% from MP; +1 VIX 15
Most important: Massive call OI wall at $230; net premium $1.26B bullish.
📊Max pain $215; 10x open interest at 212.5 put (100k vol).

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$200.00 — Approx — based on put OI concentration of 98,348 (8.5% below spot)

Earnings Overview

Next earnings: 2026-08-26 (83 days)explicit

Expected moves:

  • 2026-06-05 (1d): ±$3.55 (1.6%)
  • 2026-06-08 (4d): ±$5.33 (2.4%)
  • 2026-06-10 (6d): ±$7.67 (3.5%)

IV Setup

Term structure: Front-end elevated, 1d IV ~30%, 4d dip ~23%, 6d ~27%.

Crush estimate: No earnings crush; earnings 83 days away.

Skew: Call bias in flow; put/call volume ratio 0.47.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Historical moves >2% on earnings; 100% beat rate.

Directional bias: Strong bullish bias post-earnings.

Key Levels

1$200.00 gamma flip
2EM guardrails: 2d $215.11/$222.22; 1w $210.99/$226.34
3Max pain pins: $215 (2026-06-05); $215 (2026-06-08); $215 (2026-06-10)

Flow Highlights

Large call buys at $220 (Jun5) and $232.5 (Jun12); put buys at $185 (Jun8).

Call buying signals bullish sentiment; put buying may be hedging below $215.

Strategies

Call Diagonal Earnings Play
Sell 2026-06-18 $225.00 call / buy 2026-07-17 $220.00 call
Debit: $6.79-$8.30
Max loss: $8.30
Max gain: Variable
BE: Path-dependent
Trigger: Close if spot breaks $215 support; roll if short call ITM.
Exploits front-end IV richness (38%) vs back-month (40.7%); bullish bias from 100% beat rate and $1.26B net premium.
Outperforms: Sell Jun 18 $225 call, buy Jul 17 $220 call; profits from time decay and upside drift with defined risk.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Short Strangle Earnings
Sell 2026-06-18 $210.00 put + sell $220.00 call
Credit: $8.05-$9.83
Max loss: Unlimited
Max gain: $9.83
BE: 200.17 / 229.83
Trigger: Monitor spot near $215; adjust strikes if volatility spikes.
Captures high near-term IV; wide 210-220 strike range covers 78% of moves; limited upside due to $230 call wall.
Outperforms: Sell Jun 18 $210 put and $220 call; earns premium from theta decay with unlimited risk.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Spot above max pain $215; reversal risk if VIX spikes.
!Call OI wall $230 may cap upside.

What to Watch

?$215 support and $220 resistance.
?Unusual put activity at $212.5.
How to Use These Reports
This earnings reflects the market close on June 4, 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.