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Wednesday, August 12

NVDA options

NVDA$219.45delayed
Balanced

ATM IV· 0d

38.9%

Exp. move ±1σ

Max pain

$217.50

P/C ratio (OI)· whole chain

0.83

Skew

Upside (calls bid)

Dealer GEX· positive · pinning

$121.4M

23 expiries · 3796 contracts
Smile / skew· Aug 12 '26free CBOE chain · delayed ~15m
Chain · Aug 12 '26Calls / Puts
OIVolIVΔBidAskStrikeBidAskΔIVVolOI
1512861.0027.2527.65$1900.000.01-0.0088%371235
761691.0023.4026.55$192.500.000.01-0.0081%9291371
12013683%1.0020.9024.10$1950.000.01-0.0073%8974562
48345374%1.0019.7521.60$197.500.000.01-0.0065%21915285
815401126%0.9917.3019.05$2000.010.02-0.0164%24858344
858136164%0.9913.7015.25$202.500.010.02-0.0156%102186675
166743771%0.9910.9513.00$2050.020.03-0.0150%64534867
2236697164%0.979.7510.60$207.500.050.06-0.0346%107934607
2113646244%0.947.557.70$2100.120.14-0.0643%3532312716
5466611941%0.865.255.40$212.500.340.36-0.1441%407547235
35401538141%0.713.303.40$2150.850.87-0.2940%9957812505
144467188740%0.501.791.83$217.501.811.84-0.5040%16022714374
2131116231639%0.290.800.82$2203.253.40-0.7139%586028897
3475213285939%0.140.300.31$222.505.205.40-0.8639%58692112
3251313014041%0.060.110.12$2257.507.70-0.9437%51311833
140513097643%0.030.040.05$227.508.5010.25-0.9844%33051058
157861818348%0.010.020.03$23011.0014.00-0.99466938
8339691452%0.010.010.02$232.5014.8515.20-0.995114
10941572953%0.000.000.01$23516.0019.00-1.001251
1231149259%0.000.000.01$237.5019.8520.20-1.005320
4793139966%0.000.000.01$24020.9524.10-1.001620
38649372%0.000.000.01$242.5024.8025.20-1.001500
4267199678%0.000.000.01$24527.3027.70-1.00500
250160690%0.000.000.01$25032.3532.70-1.001870
1849119101%0.000.000.01$25537.3537.70-1.0000

Shaded row is nearest spot.

Strategy builderAug 12 '26 · 0d

Your view

Risk appetite

Bull call spread · safetyestimates · market-implied (lognormal)
$220.50$219.45
Value nowsolid = expiry

P&L distribution at expiry

Probability of profit37%
Expected value+$22.11
Chance of losing63%
Max loss−$50.50
Capital at risk$50.50
Net debit$50.50
Breakeven cushion0.5% from spot

Net Δ

16

Γ

2.8

Θ / day

−$50.94

Vega

$1.41

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