CRS Options History — March 2026

In March 2026, CRS traded between $360.51 and $410.23. ATM implied volatility averaged 52.3%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 8.3% (HV 20d: 44.0%). Max pain ranged from $290.00 to $400.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2026-03-25: Highest Volume — 2,711 contracts
  • 2026-03-31: Largest IV drop — 9.7% change
  • 2026-03-30: Highest IV Rank — 44.6%
  • 2026-03-30: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$388.41$360.51$410.23$407.07$396.99
Max Pain$374.55$290.00$400.00$290.00$390.00
ATM IV52.3%47.2%62.7%49.0%56.6%
Expected Move14.9%13.5%18.0%14.1%16.2%
HV 20d44.0%28.9%61.6%43.0%61.6%
HV 60d47.6%43.7%52.2%43.8%52.0%
IV Rank27.6%19.2%44.6%22.2%34.6%
IV Percentile79.8%56.0%94.4%67.5%92.1%
Term Structure2.2%-3.3%4.5%-3.3%2.5%
VWIV52.0%47.4%59.9%52.1%56.5%
Skew 25d6.3%3.4%11.5%6.2%11.5%
Skew 10d12.7%4.3%18.7%12.6%18.1%
Call IV 25d48.3%43.6%58.3%46.5%48.6%
Put IV 25d54.6%49.9%65.3%52.7%60.1%
Bid-Ask Spread %42.4522.6574.9174.0123.58
Gamma HHI0.230.130.460.250.21
Net GEX3.3M614.8K6.3M3.6M1.7M
Net DEX-230.0M-358.6M-32.4M-338.9M-59.8M
Net VEX-289.1K-340.4K-229.7K-311.0K-291.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.283.840.901.02
Total Volume690.773272,711320228
Total OI13,029.5455,40418,02214,4886,966

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$407.07$290.0049.0%14.1%43.0%22.2%52.1%6.2%-3.3%3.6M-338.9M-311.0K0.9074.01N/AN/A16815210,2494,239
2026-03-03$406.14$290.0050.3%14.4%41.0%24.3%56.9%4.2%-0.9%3.6M-336.4M-314.7K0.6174.91N/AN/A17610810,3174,307
2026-03-04$410.23$290.0048.3%13.8%29.2%21.0%50.6%4.1%-2.2%3.4M-351.4M-283.7K1.9474.36N/AN/A15530010,3464,344
2026-03-05$393.91$370.0050.5%13.9%33.2%24.6%51.4%5.9%3.3%4.3M-313.9M-312.1K3.8460.61N/AN/A15659910,4184,187
2026-03-06$384.21$370.0053.2%14.6%32.4%29.0%49.9%6.1%3.0%4.1M-283.7M-340.4K1.5660.54N/AN/A30647710,4484,712
2026-03-09$392.84$370.0052.9%14.7%28.9%28.6%47.4%7.2%2.6%4.2M-309.9M-323.2K1.1063.79N/AN/A26629310,6524,763
2026-03-10$400.79$370.0051.3%13.7%29.4%26.0%49.0%4.8%3.6%3.6M-344.8M-273.2K1.3265.70N/AN/A16822210,6994,721
2026-03-11$408.03$370.0047.2%13.5%29.2%19.2%49.9%7.2%4.5%4.2M-358.6M-274.9K0.6562.87N/AN/A52634310,8164,657
2026-03-12$382.63$370.0051.4%14.7%37.5%26.1%51.1%3.4%3.2%4.5M-304.5M-287.9K0.4935.07N/AN/A83540611,0504,789
2026-03-13$360.51$400.0052.2%15.5%43.4%27.4%51.6%4.6%3.6%6.1M-227.9M-331.1K0.4129.64N/AN/A1,36156311,8105,066
2026-03-16$374.67$400.0051.0%14.7%45.1%25.4%50.2%6.2%2.9%6.3M-292.4M-292.3K0.3131.13N/AN/A2969212,2565,095
2026-03-17$382.18$400.0049.4%14.1%45.6%22.8%49.8%5.5%3.4%6.0M-317.2M-272.5K0.7431.88N/AN/A614512,1855,145
2026-03-18$387.52$400.0049.1%14.1%45.8%22.3%49.6%3.7%3.8%5.5M-341.0M-255.1K1.0928.00N/AN/A61967212,1915,148
2026-03-19$378.83$400.0050.1%14.3%45.3%24.0%50.2%6.4%4.2%3.5M-315.0M-252.7K0.4728.54N/AN/A2059612,3915,423
2026-03-20$362.38$400.0053.2%15.2%47.6%29.0%47.4%6.0%1.6%614.8K-264.3M-229.7K0.5528.45N/AN/A45625312,5615,461
2026-03-23$372.64$400.0053.7%15.4%48.7%29.9%50.9%6.6%1.7%677.1K-34.1M-243.5K0.6428.08N/AN/A2271463,3832,021
2026-03-24$399.38$400.0052.1%15.0%54.5%27.2%51.3%6.6%4.3%1.4M-60.1M-276.8K0.2830.10N/AN/A5861633,6742,259
2026-03-25$405.63$390.0051.6%14.8%54.7%26.4%51.5%9.2%2.6%2.1M-75.8M-302.5K0.6522.65N/AN/A1,6441,0674,2052,409
2026-03-26$388.44$390.0055.8%16.0%56.9%33.3%59.0%8.2%3.1%1.8M-57.8M-319.0K1.3827.96N/AN/A2803864,8622,548
2026-03-27$377.45$390.0059.1%16.9%57.7%38.7%56.8%7.1%1.2%1.1M-40.3M-295.4K0.5023.55N/AN/A1894,5122,428
2026-03-30$372.45$390.0062.7%18.0%56.6%44.6%59.9%7.1%0.6%860.9K-32.4M-277.0K0.8928.56N/AN/A36324,5082,429
2026-03-31$396.99$390.0056.6%16.2%61.6%34.6%56.5%11.5%2.5%1.7M-59.8M-291.8K1.0223.58N/AN/A1131154,5192,447