thetaOwl

NVDA

NVIDIA CorporationClose $223.47EOD only
Max Pain
$215.00
Next expiry May 22, 2026
Expected Move
±$13.18
5.9% from close
Price Gap
-8.47
Distance to max pain
IV Rank
51
Middle-high premium
P/C OI
0.81
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: May 20, 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
May 20, 2026 close
NVDA AI Consensus Report
Analysis based on market close May 19, 2026

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

You are viewing an older report from May 19, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
7.0

out of 10

7 not 8 because while alignment is strong, the earnings event (date unspecified but within 10 days) introduces binary risk and conflicting trade structures (sell vs buy vol) reduce conviction; also spot above max pain and $240 resistance cap upside.

Where Perspectives Agree

All personas converge on a bullish pin near current levels, supported by strong dealer gamma (GEX +$538M), heavy institutional call flow (net premium +$405M), and elevated front-end IV (73% at 3DTE) creating premium-selling opportunities.

Where They Diverge

Earnings expects a significant post-event move (steep contango) and recommends buying premium (long strangle), directly contradicting theta's short premium strategies (put credit spread) that rely on pinning and IV decay.

Top Trade
via theta

Sell 2026-06-12 $220/$215 put spread for $2.00 credit, max risk $3.00, profits from pinning above $220 and IV contraction.

Key Risk

Break below $200 invalidates all bullish theses – triggers dealer gamma flip to long, stops out put sellers, and negates flow accumulation, leading to acceleration toward $190 support.

How to Use These Reports
This ai consensus reflects the market close on May 19, 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.