NVIDIA Corporation (NVDA) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

NVIDIA Corporation (NVDA) operates in the Technology sector, specifically the Semiconductors industry, with a market capitalization near $5.48T, listed on NASDAQ, employing roughly 36,000 people, carrying a beta of 2.24 to the broader market. NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. Led by Jen-Hsun Huang, public since 1999-01-22.

Snapshot as of May 18, 2026.

Spot Price
$221.69
Total OI
15.1M
Total Volume
3.8M
Front Expiration
31 days
Second Expiration
39 days
ATM IV
46.0%
Avg Bid/Ask Spread
6.18%

As of May 18, 2026, NVIDIA Corporation (NVDA) has 15.1M open contracts and 3.8M contracts traded. The nearest expiration is 31 days out, followed by 39 days. ATM implied volatility is 46.0%. Average bid/ask spread across the chain is 6.18%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How NVDA options chain Data Feeds Strategy Selection

Strategy selection on NVIDIA Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 46.0% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the NVDA chain depth

The listed-expirations table above shows every expiration available for NVIDIA Corporation options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. NVDA front expiration sits at 31 days - the typical hedging horizon for monthly options. The backwardated slope of -0.014 means near-dated IV is pricing acute event risk.

NVDA chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the NVDA chain is 6.18% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the NVDA chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. NVDA's current 13.18% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

NVDA listed expirations

Per-expiration ATM implied volatility for NVDA options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

ExpirationDTEATM IV
May 22, 2026477.4%
May 26, 2026858.1%
May 27, 2026956.7%
May 29, 20261155.1%
Jun 1, 20261449.9%
Jun 5, 20261850.0%
Jun 12, 20262547.1%
Jun 18, 20263145.8%
Jun 26, 20263944.4%
Jul 17, 20266043.1%
Aug 21, 20269543.7%
Sep 18, 202612344.8%
Oct 16, 202615144.6%
Nov 20, 202618645.5%
Dec 18, 202621445.0%
Jan 15, 202724244.9%
Mar 19, 202730545.0%
Jun 17, 202739545.5%
Sep 17, 202748745.7%
Dec 17, 202757845.9%
Jan 21, 202861346.0%
Jun 16, 202876046.1%
Dec 15, 202894246.0%

NVDA most-active contracts

TypeStrikeExpirationVolumeOIIVBidAsk
PUT$195.00Jun 5, 202663.4K3.9K49.5%$1.32$1.36
CALL$230.00May 22, 202658.2K30.9K80.4%$4.15$4.20
CALL$210.00May 22, 202650.0K56.0K73.3%$14.05$14.20
CALL$235.00May 22, 202646.7K45.8K82.3%$2.93$2.97
CALL$250.00May 22, 202645.0K76.1K87.8%$0.97$0.98
CALL$240.00May 22, 202642.4K58.5K84.2%$2.04$2.07
CALL$225.00May 22, 202640.4K19.9K78.5%$5.80$5.90
PUT$200.00May 22, 202631.4K15.2K74.3%$0.69$0.71
CALL$220.00May 22, 202631.2K32.5K76.4%$7.90$8.05
PUT$220.00May 22, 202620.9K11.7K76.4%$6.15$6.25

Top 10 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked NVDA options chain questions

What does the NVDA options chain show right now?
As of May 18, 2026, NVIDIA Corporation (NVDA) has 15.1M contracts outstanding and 3.8M traded today, with ATM IV of 46.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for NVDA options?
The nearest expiration is 31 days out, followed by 39 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are NVDA options bid/ask spreads?
Average bid/ask spread across the chain is 6.18%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.