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NVDA

NVIDIA CorporationClose $208.19EOD only
Max Pain
$210.00
Next expiry Jun 10, 2026
Expected Move
±$4.05
1.9% from close
Price Gap
+1.81
Distance to max pain
IV Rank
39
Middle-high premium
P/C OI
0.85
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 9, 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 9, 2026 close
NVDA Earnings Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

NVDA no earnings until Aug 26; current setup driven by options flow and gamma pinning at $210

Confidence:
0 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.9% from MP; +0.5 VIX 20; override: No imminent earnings until Aug 26
Most important: Gamma pinning at $210 and call OI wall at $220-$230; put floor at $140
⚠️Heavy put volume at $200-$205 suggests hedging; 3.9% gamma flip at $200

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$200.00 — Approx — based on put OI concentration of 99,960 (3.9% below spot)

Earnings Overview

Next earnings: 2026-08-26 (78 days)explicit

Expected moves:

  • 2026-06-10 (1d): ±$4.05 (1.9%)
  • 2026-06-12 (3d): ±$6.97 (3.4%)
  • 2026-06-15 (6d): ±$8.38 (4.0%)

IV Setup

Term structure: Front-end elevated from weekly expiries; slight contango beyond

Crush estimate: N/A - no earnings event

Skew: Put skew elevated below $200; call skew flat

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: N/A

Directional bias: Neutral (100% beat rate but no near-term catalyst)

Key Levels

1$200.00 gamma flip
2EM guardrails: 2d $204.14/$212.24; 1w $199.82/$216.57
3Max pain pins: $210 (2026-06-10); $210 (2026-06-12); $210 (2026-06-15)

Flow Highlights

Massive call volume at $205 (125.7k vol) and $207.5 (154.7k vol) on weekly options

Bullish bets targeting $205-$207.5 expiry; likely pinned by max pain $210

Heavy put volume at $200 (157k), $202.5 (121k), $205 (154k) on weeklys

Hedging or bearish positioning; suggests sentiment skittish near resistance

Strategies

Iron Condor
Sell 2026-06-26 $205.00/$200.00 put wing and $215.00/$217.50 call wing
Credit: $2.36-$2.89
Max loss: $2.11
Max gain: $2.89
BE: 202.11 / 217.89
Trigger: Monitor pinning; adjust wings if price breaches short strikes.
Only viable structure with no catalyst; gamma pinning at $210 and OI walls limit move.
Outperforms: Captures premium from low volatility and range-bound price action.
Underperforms: Move outside short strikes invalidates range thesis.

Risk Assessment

!Gamma pinning may cap upside at $210
!Put skew indicates downside risk below $200
!Large open interest walls could cause rapid moves if breached

What to Watch

?Max pain $210 pinning action at expiry
?Unusual call volume at $205 and $207.5 expiration
?Put OI concentration at $200 floor
How to Use These Reports
This earnings reflects the market close on June 9, 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.