CRS Options History — January 2026

In January 2026, CRS traded between $309.10 and $346.10. ATM implied volatility averaged 49.2%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 5.5% (HV 20d: 43.7%). Max pain ranged from $310.00 to $330.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2026-01-14: Highest Volume — 4,793 contracts
  • 2026-01-12: Largest IV spike — 19.6% change
  • 2026-01-28: Highest IV Rank — 36.2%
  • 2026-01-28: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$331.37$309.10$346.10$338.21$316.69
Max Pain$318.00$310.00$330.00$310.00$330.00
ATM IV49.2%38.9%57.6%38.9%47.9%
Expected Move14.4%11.1%16.5%11.1%13.7%
HV 20d43.7%34.9%54.7%37.5%54.7%
HV 60d47.4%36.4%54.8%53.1%40.3%
IV Rank22.5%5.6%36.2%5.6%20.3%
IV Percentile66.1%7.5%92.1%7.5%64.7%
Term Structure-2.0%-6.3%7.1%7.1%0.2%
VWIV50.2%39.4%57.3%39.4%49.0%
Skew 25d3.8%1.5%5.6%3.3%3.2%
Skew 10d7.9%3.9%12.9%12.9%4.1%
Call IV 25d47.9%37.8%55.2%37.8%47.3%
Put IV 25d51.7%41.1%58.8%41.1%50.6%
Bid-Ask Spread %63.4451.5978.9078.9071.72
Gamma HHI0.340.260.460.280.29
Net GEX6.2M4.0M7.9M7.4M5.4M
Net DEX-201.0M-289.3M-92.4M-266.4M-127.8M
Net VEX-547.1K-650.7K-463.1K-637.1K-513.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.013.170.180.53
Total Volume1,010.651094,793142828
Total OI13,360.510,50115,62114,01215,621

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$338.21$310.0038.9%11.1%37.5%5.6%39.4%3.3%7.1%7.4M-266.4M-637.1K0.1878.90N/AN/A1202212,5821,430
2026-01-05$343.76$310.0040.6%12.9%37.5%8.5%45.5%4.6%-1.9%7.8M-289.3M-630.0K0.3751.59N/AN/A31511812,7711,440
2026-01-06$336.87$310.0039.2%13.0%35.0%6.1%45.5%3.4%-2.2%7.9M-271.0M-619.8K0.3554.99N/AN/A2739512,8431,494
2026-01-07$338.78$320.0043.7%13.5%34.9%13.5%47.3%3.6%-2.7%7.8M-275.1M-629.5K0.2557.52N/AN/A1614112,9851,568
2026-01-08$318.99$320.0044.0%13.9%41.8%14.0%47.3%4.7%-2.0%7.1M-205.7M-625.8K0.2757.53N/AN/A97126612,9661,583
2026-01-09$328.62$310.0043.7%14.0%42.9%13.4%49.9%3.8%-3.2%7.9M-245.2M-650.7K0.2858.27N/AN/A46912913,4131,685
2026-01-12$323.98$310.0052.2%14.1%40.3%27.4%50.0%2.8%-3.0%7.7M-228.5M-621.0K1.0263.24N/AN/A656613,3891,725
2026-01-13$319.26$310.0052.5%14.1%40.6%27.9%49.7%1.5%-2.3%7.4M-211.0M-614.0K0.4363.72N/AN/A974213,3981,760
2026-01-14$319.72$310.0049.6%14.2%40.6%23.1%48.0%4.5%-1.7%7.5M-208.1M-609.4K0.0164.93N/AN/A4,7603313,4111,773
2026-01-15$339.25$310.0050.9%14.6%45.7%25.3%49.8%4.3%-0.4%7.2M-200.6M-487.1K0.0761.81N/AN/A8485710,5821,782
2026-01-16$333.41$320.0050.8%14.6%45.9%25.0%49.8%3.5%-2.2%5.4M-182.9M-481.9K0.2761.31N/AN/A2737410,3191,805
2026-01-20$330.66$320.0054.0%15.5%45.8%30.3%54.0%3.9%-3.1%4.7M-157.9M-468.7K0.7461.36N/AN/A127949,1011,400
2026-01-21$335.02$320.0052.8%15.1%45.6%28.3%54.6%3.8%-1.5%4.9M-166.7M-473.4K2.3062.60N/AN/A1092519,1641,462
2026-01-22$333.97$320.0052.7%15.1%45.2%28.3%53.7%3.2%-2.6%4.9M-166.0M-466.6K3.1762.87N/AN/A1384379,2021,709
2026-01-23$336.50$320.0053.1%15.2%45.3%28.9%53.6%5.0%-3.3%4.8M-168.9M-489.6K1.3266.78N/AN/A47629,3042,116
2026-01-26$345.87$320.0054.9%15.7%46.3%31.8%57.3%5.6%-2.8%4.9M-193.0M-473.6K0.7062.40N/AN/A5633929,3302,161
2026-01-27$346.10$330.0056.0%16.1%46.3%33.6%54.2%3.5%-5.3%4.8M-193.5M-481.9K0.0966.77N/AN/A1,4071279,4042,524
2026-01-28$332.70$330.0057.6%16.5%47.3%36.2%57.1%3.6%-6.3%5.3M-169.9M-505.9K0.4166.10N/AN/A1,37656010,6612,591
2026-01-29$309.10$330.0048.7%14.0%54.1%21.7%47.4%4.5%-0.0%4.0M-92.4M-463.1K0.2174.43N/AN/A3,63077011,7043,052
2026-01-30$316.69$330.0047.9%13.7%54.7%20.3%49.0%3.2%0.2%5.4M-127.8M-513.6K0.5371.72N/AN/A54028812,0693,552