CRWVCoreWeave, Inc. Class A Common Stock
Options Analysis Report•SERVICES-PREPACKAGED SOFTWARE
Market Cap $62.3B|NASDAQ
● 2026-05-15$114.22
NEUTRAL
Analysis: 2026-05-14 EOD data
1Y +73.7%YTD +44.0%7D +0.1%
Options Vol
340,231
30D
Implied Move
±25.6%
IV Rank
28%
CRWV Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
4.4
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks3/9 checks passed
IV Rank
≤35%IV Rank 88.6% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.01x — IV ≤ HV
Sector Relative≤50%
Sector percentile 80% — above sector median
Term Structure
<1.1xFront/Back 1.16x — backwardation
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 89.2% — crisis-level IV
Spread-Adjusted Value
<80%Effective IV 100.5% (ATM 89.2% + spread 5.7% + bias) — expensive
Execution Efficiency
<3.0%Total drag 8.16% (spread 5.67% + slippage 2.49%) — high friction
Vega Efficiency
≥5.0Vega efficiency 68.27 (vega 38.707 / spread 5.67%) — efficient
Sentiment
Bullish or bearish?
6.9
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bullish - Strong signal (Conviction: +33%, Raw: +19%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +33% (strong bullish) — Raw: +19%
OI Skew Magnitude
≥15%|OI skew| 4.3% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +20.1%, OI skew +4.3% — aligned
Conviction Quality
≥2/3 conditions0-DTE 46%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +17%, ATM: +43%, OTM: +12% — strong bullish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 70% — bearish vs sector
Activity
Unusual activity?
6.6
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks5/9 checks passed
Volume Surge
≥1.5xVolume 1.4x avg — normal
Turnover Rate
≥15%Vol/OI 15.9% — high turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +10.6% (5d) — building
Sector Relative≥60%
Sector activity percentile 87% — very active vs sector
Trade Quality
≥30%Large trade volume 44% — institutional presence
Execution Urgency
≥60%Aggressive execution 41% — patient
Flow Conviction
≥30Conviction +33 (bullish) — moderate
Liquidity
Can I trade efficiently?
6.1
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 5.7% — wide
Adequate OI
≥10,000OI 2,142,251 — deep
Active Volume
≥500Volume 340,231/day — active
Reasonable Cost
≤$0.50$0.28 to cross — cheap
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 89% — much wider than sector
Order Book Depth
≥100 contractsDepth 365.8 contracts (bid:187.4 ask:178.4) — adequate
Execution Quality
<1.0%Avg slippage 2.49% — poor
Timing
Is now a good time?
8.4
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks9/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +15.7% — backwardation
IV Percentile Clarity
<30 or >70IV percentile 89% — seller opportunity
Event Detection
≥10pts kinkIV kink 11.2pts — event priced
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 716.80 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No earnings detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +33% @ 66% consistency — moderate (bullish)
Smart Money Timing
≥40 composite scoreScore 74 (ITM 20% + inst 44%) — HIGH institutional
Directional Strategy Fit
Option Buyers
Long Calls6.1
bullishIV fair, bullish flow
Long Puts4.8
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put6.6
bullishIV fair, bullish flow
Covered Call5.2
bearishIV fair, bullish flow
For educational purposes only. Not investment advice.