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NVDA

NVIDIA CorporationClose $210.69EOD only
Max Pain
$205.00
Next expiry Jun 22, 2026
Expected Move
±$4.39
2.1% from close
Price Gap
-5.69
Distance to max pain
IV Rank
100
High premium
P/C OI
0.88
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
NVDA Earnings Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Strong bull flow and high IV support NVDA near-term; earnings far out but consistent beat rate.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 13.9% from MP; +1 VIX 17
Most important: Flow bullish with heavy call volume; spot above max pain but pinning possible.
📈Heavy call buying at $197.5 for weekly – bullish sentiment
⚠️Spot at $208 vs max pain $185 – pin risk significant
✅100% beat rate over 5 earnings – consistent outperformance

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$200.00 — Approx — based on put OI concentration of 102,595 (5.1% below spot)

Earnings Overview

Next earnings: 2026-08-26 (69 days)explicit

Expected moves:

  • 2026-06-22 (4d): ±$4.39 (2.1%)
  • 2026-06-24 (6d): ±$6.72 (3.2%)
  • 2026-06-26 (8d): ±$8.42 (4.0%)

IV Setup

Term structure: Near-term IV low (7-9% 0DTE), elevated for weeklies (22-35%); longer-dated not shown.

Crush estimate: No near-term crush; earnings crush in ~69 days.

Skew: Slight put skew in OI ratio (0.88) but call volume dominant.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not computed; 100% beat rate over 5 quarters.

Directional bias: Historically bullish.

Key Levels

1$200.00 gamma flip
2EM guardrails: 1w $203.97/$217.42
3Max pain pins: $185 (2026-06-18); $205 (2026-06-22); $208 (2026-06-24)

Flow Highlights

Unusual call volume (10,845) on NVDA 2026-06-22 $197.5 Call (80.9x OI).

Aggressive bullish positioning for weekly expiry.

Massive put volume on $207.5 and $210 puts for today's expiry.

Potential hedging or pinning activity near max pain.

Strategies

Iron Condor
Sell 2026-07-02 $200.00/$195.00 put wing and $210.00/$215.00 call wing
Credit: $2.75-$3.37
Max loss: $1.63
Max gain: $3.37
BE: 196.63 / 213.37
Trigger: Close at 50% of max gain or adjust if spot breaks $200 or $215.
Defined risk limits pin risk; high IV supports credit.
Outperforms: Sell call and put spreads near spot for time decay.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-07-02 $200.00 put + sell $215.00 call
Credit: $5.29-$6.46
Max loss: Unlimited
Max gain: $6.46
BE: 193.54 / 221.46
Trigger: Close if spot approaches strikes, or roll.
Higher credit but unlimited risk; less suitable given pin risk.
Outperforms: Sell OTM put and call for premium.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Spot 13.9% above max pain ($185) – high pin risk for near-term options.
!Gamma flip at $200 – below that, negative gamma accelerates moves.
!High VIX (17) but NVDA IV relatively low near term.

What to Watch

?Spot holds above $200 support.
?Unusual call activity in weekly $197.5.
?Call OI wall at $230.
?Max pain levels for upcoming expirations ($185, $205, $208).
How to Use These Reports
This earnings 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.