CRWD Options History — May 2020

In May 2020, CRWD traded between $69.28 and $86.49. ATM implied volatility averaged 69.9%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 25.0% (HV 20d: 44.9%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.46.

Notable Days

  • 2020-05-29: Highest Volume — 48,771 contracts
  • 2020-05-06: Largest IV spike — 32.6% change
  • 2020-05-06: Highest IV Rank — 44.2%
  • 2020-05-29: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.16$69.28$86.49$69.28$86.49
Max Pain$61.75$60.00$65.00$65.00$65.00
ATM IV69.9%58.2%78.9%58.2%73.8%
Expected Move19.9%16.8%22.8%16.8%22.8%
HV 20d44.9%37.2%49.7%43.7%45.1%
HV 60d79.4%78.6%80.6%78.6%80.6%
IV Rank30.8%13.6%44.2%13.6%36.7%
IV Percentile64.3%28.0%86.2%28.0%73.1%
Term Structure-2.4%-11.5%1.2%1.2%-1.2%
VWIV69.5%58.4%80.0%58.4%80.0%
Skew 25d5.6%4.2%8.4%6.2%6.1%
Skew 10d12.1%8.9%23.8%11.2%13.7%
Call IV 25d68.1%54.4%77.2%54.4%72.7%
Put IV 25d73.7%60.6%85.6%60.6%78.8%
Bid-Ask Spread %22.2511.7638.1011.7618.32
Gamma HHI0.090.060.140.060.14
Net GEX5.5M3.3M8.8M3.3M8.8M
Net DEX-343.5M-527.0M-206.6M-206.6M-527.0M
Net VEX-2.0M-2.1M-1.8M-1.8M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.171.500.670.17
Total Volume17,102.258,93448,77113,31048,771
Total OI208,842192,828228,392201,747228,392

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$69.28$65.0058.2%16.8%43.7%13.6%58.4%6.2%1.2%3.3M-206.6M-1.8M0.6711.767,9715,339101,059100,688
2020-05-04$73.38$60.0060.9%18.1%46.6%17.5%63.1%5.5%1.1%4.5M-292.7M-1.9M0.2516.539,0882,23293,493100,097
2020-05-05$71.28$60.0059.5%17.2%48.5%15.4%60.1%6.1%0.0%4.8M-260.6M-1.9M1.5014.584,7837,16396,670100,047
2020-05-06$72.47$60.0078.9%19.7%48.4%44.2%67.5%8.4%-11.5%4.6M-278.6M-1.9M0.3614.3016,0665,72797,349104,851
2020-05-07$75.69$60.0069.4%19.0%49.7%30.1%65.6%5.4%-2.0%7.0M-368.2M-1.9M0.2315.5515,5353,544101,533106,858
2020-05-08$76.95$60.0069.3%18.9%47.1%29.9%66.3%4.6%-3.0%8.0M-398.8M-1.9M0.3134.8611,3403,497102,992107,391
2020-05-11$76.58$60.0069.8%19.1%47.5%30.8%65.9%4.2%-2.6%5.3M-347.9M-1.9M0.1928.6411,0112,13097,955106,448
2020-05-12$76.58$60.0070.1%19.4%47.2%31.2%67.4%4.3%-1.7%5.5M-352.1M-1.9M0.1825.0015,8652,84399,811107,824
2020-05-13$75.80$60.0074.4%20.7%47.8%37.5%72.2%5.8%-1.9%5.1M-332.5M-2.0M0.5938.1012,5317,411103,907108,876
2020-05-14$76.82$60.0075.4%21.1%47.5%39.1%73.2%5.0%-2.8%5.0M-342.6M-2.1M0.5025.766,2633,123106,155114,333
2020-05-15$76.83$60.0074.1%20.7%47.1%37.1%73.3%5.2%-2.7%4.7M-346.3M-2.1M0.3135.948,2632,593107,095115,727
2020-05-18$76.33$60.0073.4%20.7%44.4%36.1%71.9%5.4%-2.1%3.5M-284.1M-2.0M0.3428.0416,8575,73794,25498,574
2020-05-19$78.98$62.5073.3%20.9%43.7%35.9%73.2%6.2%-0.9%5.7M-350.8M-2.1M0.1827.0512,8752,333100,841103,193
2020-05-20$80.79$62.5069.8%20.0%43.9%30.7%69.8%6.1%-2.6%6.5M-388.8M-2.1M0.3318.0611,9123,880100,554104,440
2020-05-21$80.75$62.5069.5%20.1%43.9%30.3%70.5%5.5%-3.5%7.1M-391.8M-2.1M0.6419.445,4623,472102,544105,124
2020-05-22$81.83$62.5069.0%20.1%38.8%29.5%70.6%5.3%-3.3%8.0M-417.2M-2.1M0.3614.407,5422,688103,412107,700
2020-05-26$78.88$65.0072.4%21.0%41.6%34.5%73.4%5.5%-5.3%4.5M-330.2M-2.1M0.4921.3713,1616,480100,947105,537
2020-05-27$78.03$65.0069.0%20.8%38.4%29.6%75.7%5.6%-1.6%3.8M-306.3M-2.1M0.8919.9211,43110,222105,865109,682
2020-05-28$79.43$65.0066.9%20.7%37.2%26.4%72.7%6.0%-2.6%4.6M-347.7M-2.1M0.6617.448,9555,949108,852115,770
2020-05-29$86.49$65.0073.8%22.8%45.1%36.7%80.0%6.1%-1.2%8.8M-527.0M-2.1M0.1718.3241,6977,074109,941118,451