CRS Options History — April 2025

In April 2025, CRS traded between $148.36 and $203.07. ATM implied volatility averaged 65.8%, placing in the 57.2% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded below realized volatility by 21.2% (HV 20d: 87.0%). Max pain ranged from $175.00 to $175.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 5.08.

Notable Days

  • 2025-04-23: Highest Volume — 6,990 contracts
  • 2025-04-03: Largest IV spike — 38.7% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-07: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$177.07$148.36$203.07$181.87$194.64
Max Pain$175.00$175.00$175.00$175.00$175.00
ATM IV65.8%48.4%96.5%51.2%52.3%
Expected Move18.3%14.5%23.1%15.3%15.0%
HV 20d87.0%58.8%98.4%58.8%97.7%
HV 60d65.6%50.3%71.9%50.3%69.5%
IV Rank57.2%29.1%100.0%49.7%31.7%
IV Percentile93.9%77.4%100.0%90.1%85.7%
Term Structure-5.1%-9.6%2.4%2.4%-2.7%
VWIV64.5%50.7%81.5%52.3%57.2%
Skew 25d10.1%3.0%15.7%3.4%6.7%
Skew 10d20.1%4.2%32.9%10.3%19.4%
Call IV 25d58.7%46.8%76.7%49.3%48.6%
Put IV 25d68.8%52.7%86.1%52.7%55.4%
Bid-Ask Spread %62.4852.7569.4860.7966.63
Gamma HHI0.120.100.150.130.11
Net GEX1.9M109.3K3.7M3.2M2.4M
Net DEX-53.6M-113.0M7.3M-92.7M-70.5M
Net VEX-466.4K-517.6K-398.8K-512.7K-457.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.080.0568.770.932.16
Total Volume1,153.905896,99089237
Total OI24,324.66720,81027,98723,40023,666

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$181.87$175.0051.2%15.3%58.8%49.7%52.3%3.4%2.4%3.2M-92.7M-512.7K0.9360.79N/AN/A464316,5726,828
2025-04-02$187.64$175.0048.4%14.9%60.1%42.1%52.5%3.0%-2.8%3.7M-113.0M-517.6K1.1066.40N/AN/A11312416,5816,848
2025-04-03$167.36$175.0067.0%17.3%66.0%89.4%60.6%9.8%-3.2%2.2M-47.7M-482.9K0.6762.73N/AN/A26317616,6596,933
2025-04-04$152.10$175.0081.0%20.7%72.7%100.0%73.8%14.0%-6.5%1.3M3.5M-398.8K68.7760.75N/AN/A926,32716,8677,037
2025-04-07$151.84$175.0095.8%23.1%71.1%100.0%81.5%10.4%-8.9%1.2M-1.4M-438.2K2.8656.22N/AN/A14942616,8598,479
2025-04-08$148.36$175.0096.5%22.7%67.5%100.0%77.7%4.8%-9.6%1.0M7.3M-418.2K1.7160.56N/AN/A12521416,8908,623
2025-04-09$175.84$175.0066.6%19.1%93.0%53.9%65.6%15.2%-7.3%2.5M-62.1M-493.9K0.2368.29N/AN/A3598416,9208,758
2025-04-10$165.38$175.0075.5%21.6%95.2%67.5%73.0%13.8%-8.6%1.7M-31.0M-477.6K0.1262.85N/AN/A1872317,0428,801
2025-04-11$170.91$175.0066.3%19.0%95.6%53.4%75.3%15.7%-1.1%2.2M-49.3M-482.5K0.7363.20N/AN/A21415617,1058,818
2025-04-14$175.24$175.0066.9%19.2%95.8%54.3%66.7%9.5%-7.2%2.2M-65.1M-468.7K0.4467.99N/AN/A1084717,2478,917
2025-04-15$174.48$175.0064.8%18.6%95.6%51.1%60.4%12.0%-5.5%1.8M-61.7M-456.0K0.4461.19N/AN/A95642417,3148,937
2025-04-16$170.33$175.0068.9%19.7%93.5%57.3%70.7%12.4%-6.6%1.2M-49.3M-465.8K3.1157.05N/AN/A20664118,1209,225
2025-04-17$170.82$175.0065.3%18.7%93.0%51.7%66.4%12.5%-4.3%109.3K-46.6M-468.4K0.5452.75N/AN/A1,8941,02018,2389,749
2025-04-21$167.79$175.0071.0%20.4%93.0%60.7%64.6%13.3%-6.7%590.0K-305.1K-435.8K0.0754.52N/AN/A4192811,1409,670
2025-04-22$176.69$175.0067.1%19.2%91.7%54.6%65.2%11.5%-7.4%1.2M-26.1M-462.6K0.0559.89N/AN/A5473011,4189,683
2025-04-23$189.92$175.0068.0%19.5%95.7%55.9%70.2%9.2%-9.0%1.8M-65.0M-466.0K15.4969.48N/AN/A4246,56611,1989,703
2025-04-24$203.07$175.0054.8%15.7%97.9%35.5%58.4%8.6%-3.6%2.4M-102.2M-490.5K1.6063.56N/AN/A30949311,33311,871
2025-04-25$198.16$175.0050.6%14.5%98.4%29.1%51.5%8.0%-1.5%2.3M-83.3M-481.6K0.5763.37N/AN/A905111,37812,121
2025-04-28$198.72$175.0051.7%14.8%97.4%30.9%50.7%9.1%-2.0%2.4M-87.1M-463.2K0.5266.62N/AN/A1648511,41912,147
2025-04-29$197.28$175.0052.7%15.1%97.5%32.4%59.4%10.1%-4.7%2.5M-82.9M-455.3K4.5567.16N/AN/A6730511,50912,195
2025-04-30$194.64$175.0052.3%15.0%97.7%31.7%57.2%6.7%-2.7%2.4M-70.5M-457.3K2.1666.63N/AN/A7516211,52412,142