CRAK Options History — February 2026

In February 2026, CRAK traded between $41.22 and $44.88. ATM implied volatility averaged 39.3%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 17.4% (HV 20d: 21.9%). Max pain ranged from $38.00 to $39.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.13.

Notable Days

2026-02-09: Highest Volume — 26 contracts
2026-02-19: Largest IV spike — 36.2% change
2026-02-09: Highest IV Rank — 27.6%
2026-02-19: Largest Expected Move — 13.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.02	$41.22	$44.88	$41.22	$44.55
Max Pain	$38.84	$38.00	$39.00	$38.00	$39.00
ATM IV	39.3%	30.5%	49.5%	40.1%	38.3%
Expected Move	10.6%	8.6%	13.6%	11.5%	11.0%
HV 20d	21.9%	17.8%	23.5%	19.3%	21.6%
HV 60d	18.4%	16.8%	18.8%	16.8%	18.3%
IV Rank	19.6%	12.5%	27.6%	20.8%	18.7%
IV Percentile	45.3%	7.5%	80.2%	52.4%	44.0%
Term Structure	-14.7%	-25.6%	-4.1%	-15.9%	-14.2%
VWIV	27.2%	21.5%	33.1%	27.9%	33.1%
Skew 25d	-1.5%	-13.8%	14.6%	0.0%	-3.6%
Skew 10d	2.3%	-8.6%	20.5%	11.5%	-4.7%
Call IV 25d	44.9%	35.7%	60.1%	49.5%	50.0%
Put IV 25d	43.5%	32.6%	57.3%	49.6%	46.4%
Bid-Ask Spread %	147.12	139.22	171.79	171.79	144.31
Gamma HHI	0.29	0.26	0.32	0.32	0.27
Net GEX	34.5K	24.7K	53.1K	53.1K	30.5K
Net DEX	-1.2M	-1.4M	-980.2K	-980.2K	-1.1M
Net VEX	-2.2K	-2.9K	-1.9K	-2.9K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.13	0.00	1.11	0.00	0.00
Total Volume	6.158	0	26	5	5
Total OI	379.684	351	408	399	351

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-02-02	$41.22	$38.00	40.1%	11.5%	19.3%	20.8%	0.0%	0.0%	-15.9%	53.1K	-980.2K	-2.9K	0.00	171.79	5	0	382	17
2026-02-03	$42.22	$38.00	40.7%	11.7%	17.8%	21.2%	0.0%	2.2%	-6.4%	42.7K	-1.1M	-2.8K	0.00	168.75	10	0	381	17
2026-02-04	$43.67	$38.00	41.3%	11.8%	20.1%	21.7%	0.0%	8.3%	-4.1%	47.3K	-1.3M	-2.4K	0.00	162.06	16	0	391	17
2026-02-05	$43.16	$39.00	42.0%	9.2%	20.7%	21.6%	27.9%	-6.0%	-15.7%	46.9K	-1.2M	-2.5K	1.11	143.40	9	10	378	17
2026-02-06	$44.15	$39.00	41.4%	8.6%	21.6%	21.1%	21.5%	-5.0%	-15.9%	29.9K	-1.4M	-2.1K	0.20	139.88	20	4	378	27
2026-02-09	$44.39	$39.00	49.5%	9.3%	21.6%	27.6%	26.1%	-3.5%	-18.2%	30.4K	-1.4M	-2.0K	0.00	143.22	26	0	368	23
2026-02-10	$43.99	$39.00	46.1%	11.7%	22.3%	24.9%	0.0%	-9.4%	-24.4%	34.7K	-1.2M	-2.1K	0.00	143.68	0	0	362	23
2026-02-11	$44.88	$39.00	30.5%	8.7%	22.8%	12.5%	0.0%	6.0%	-8.2%	32.2K	-1.3M	-2.3K	0.00	142.47	2	0	362	23
2026-02-12	$44.44	$39.00	31.9%	9.1%	23.2%	13.6%	33.1%	-1.3%	-5.1%	34.7K	-1.2M	-2.3K	0.00	139.22	4	0	360	23
2026-02-13	$44.42	$39.00	42.5%	12.2%	23.2%	22.0%	0.0%	-13.8%	-25.6%	24.7K	-1.3M	-2.0K	0.00	144.51	1	0	361	23
2026-02-17	$43.98	$39.00	33.2%	9.5%	23.5%	14.7%	0.0%	-2.6%	-13.2%	36.0K	-1.2M	-2.0K	0.00	142.65	1	0	360	23
2026-02-18	$43.92	$39.00	34.9%	10.0%	23.3%	16.0%	0.0%	-0.6%	-17.5%	37.0K	-1.2M	-2.2K	0.00	143.89	0	0	358	23
2026-02-19	$44.13	$39.00	47.5%	13.6%	22.4%	26.0%	0.0%	-8.8%	-25.3%	38.6K	-1.2M	-2.2K	0.00	145.07	0	0	358	23
2026-02-20	$44.73	$39.00	35.3%	10.1%	22.6%	16.3%	0.0%	-9.0%	-25.1%	25.3K	-1.3M	-1.9K	0.00	144.42	0	4	358	23
2026-02-23	$44.55	$39.00	38.0%	10.9%	22.7%	18.5%	0.0%	14.5%	-7.3%	25.2K	-1.1M	-2.2K	0.00	143.28	0	0	324	27
2026-02-24	$44.68	$39.00	37.9%	10.9%	22.6%	18.4%	0.0%	-4.1%	-13.7%	32.6K	-1.1M	-1.9K	0.00	144.42	0	0	324	27
2026-02-25	$44.60	$39.00	37.9%	10.9%	22.6%	18.4%	0.0%	14.6%	-8.1%	26.9K	-1.0M	-2.3K	0.00	144.97	0	0	324	27
2026-02-26	$44.69	$39.00	37.7%	10.8%	22.5%	18.2%	0.0%	-6.4%	-14.6%	27.5K	-1.1M	-1.9K	0.00	143.21	0	0	324	27
2026-02-27	$44.55	$39.00	38.3%	11.0%	21.6%	18.7%	0.0%	-3.6%	-14.2%	30.5K	-1.1M	-2.0K	0.00	144.31	0	5	324	27