Two large options sweeps were detected in CRWV, centered on the May 15, 2026 $110 call. At the time of the trade, total volume reached 20,256 contracts. Against an open interest of just 3,891, this resulted in a strong V/OI ratio of approximately 5.2, indicating likely fresh positioning rather than closing trades.
The premium paid is substantial at around $1.5 million per trade, highlighting high conviction from buyers. With the stock trading near $88 at the time of execution, this strike sits significantly out-of-the-money. This suggests traders are targeting a sizable move over the long term. The expiration is roughly a month and a half out, giving the position ample time to develop. Overall, this sweep reflects aggressive sentiment with traders positioning early for a potential breakout in CRWV.
Volume and Open Interest Data
The volume and open interest data for CRWV’s May 15, 2026 $110 calls show a sharp surge in activity. Volume spiked to 27,081 contracts on 03/25/26 compared to an open interest of just 3,891. This indicates a significant influx of new positions rather than closing trades, reinforcing the presence of aggressive flow.
In prior sessions, volume was relatively muted (158 and 1,117 contracts), making this spike stand out as highly unusual. Open interest has been steadily building over the past few days, but the massive jump in volume far exceeds these increases. This suggests strong conviction from buyers. Additionally, the contract price has risen notably from around $2.91 to $4.34 alongside this surge, signaling increasing demand and momentum in these calls.
Trade Side Distribution
The trade side distribution for CRWV’s May 15, 2026 $110 calls shows a clear dominance of aggressive buying activity. A majority of the premium, about $4.2M (61%), was executed at the ask. An additional $1.8M (25%) traded above the ask, indicating strong urgency from buyers willing to pay up for contracts.
In contrast, only $608.4K (9%) traded at the bid, suggesting relatively limited selling pressure. Minimal activity occurred at the mid ($132.8K, 2%) and below the bid ($247.4K, 4%). Overall, this distribution signals overwhelming sentiment, with buyers aggressively positioning for volatility in CRWV and driving the flow.
What’s Happening with CRWV
CoreWeave, the Nvidia‑backed AI cloud infrastructure provider, has recently deepened its strategic relationship with Nvidia through a new framework under which the two companies will co‑develop large “AI factory” data centers and target more than 5 gigawatts of AI compute capacity by 2030. As part of this expansion, Nvidia invested an additional $2 billion into CoreWeave at about $87 per share, becoming one of its largest shareholders and committing its next‑generation Rubin GPUs, Vera CPUs, and BlueField storage systems to CoreWeave’s platform.
The partnership aims to accelerate CoreWeave’s global build‑out of specialized AI data centers and integrate CoreWeave’s AI‑native software stack into Nvidia’s reference architectures for cloud partners and enterprises. These moves build on CoreWeave’s rapid evolution from an Ethereum mining infrastructure provider to a publicly listed AI cloud companny, with a multibillion‑dollar order backlog and investor expectations for very high growth. Albeit, the company is shadowed with a heavy debt load that makes Nvidia’s capital support strategically important.
About CRWV
CoreWeave is a specialized cloud computing company focused on providing high-performance GPU infrastructure for artificial intelligence (AI), machine learning and visual effects (VFX). Originally founded as a cryptocurrency mining operation, CoreWeave has evolved into one of the leading providers of GPU-accelerated cloud services. The company offers scalable and cost-efficient solutions tailored for modern AI applications.
CoreWeave’s infrastructure is built around NVIDIA GPUs, enabling clients to train large AI models, run inference at scale, and render complex graphics workloads with exceptional speed. CoreWeave’s customers include enterprises, research institutions, and AI developers seeking flexible, high-throughput compute power. This positions the company as a key player in the AI infrastructure and cloud GPU ecosystem.
Analyst Ratings
| Analyst Firm | Rating | Date Updated |
|---|---|---|
| CFRA | ★★★ (3-Star Rating) | 03/01/2026 |
| Argus | Buy | 03/03/2026 |
| LSEG | Outperform | 03/04/2026 |
| Schwab Equity Ratings | B | 03/04/2026 |
Analyst sentiment toward CoreWeave (CRWV) appears generally positive based on the available ratings. Argus maintains a Buy recommendation, indicating expectations for the stock to outperform the broader market. LSEG similarly rates the company Outperform, reinforcing a bullish outlook from institutional research coverage.
Schwab Equity Ratings assigns the stock a B grade, which typically reflects above-average fundamentals and relative strength. Meanwhile, CFRA provides a 3-star rating, suggesting a more neutral stance but still indicating balanced risk and return potential. Overall, the mix of ratings leans moderately bullish, with multiple firms signaling confidence in CRWV’s performance prospects.
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Disclaimer: Options trading involves significant risk and is not suitable for all investors. You may lose the entire investment, and certain strategies may result in losses exceeding the initial amount invested. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice. Always consult a financial or tax advisor before making investment decisions.
