CRWD Options History — June 2020

In June 2020, CRWD traded between $91.78 and $105.49. ATM implied volatility averaged 63.1%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 3.1% (HV 20d: 60.0%). Max pain ranged from $65.00 to $90.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.35.

Notable Days

2020-06-03: Highest Volume — 153,739 contracts
2020-06-03: Largest IV drop — 21.2% change
2020-06-01: Highest IV Rank — 43.9%
2020-06-01: Largest Expected Move — 26.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$98.41	$91.78	$105.49	$94.46	$99.97
Max Pain	$76.48	$65.00	$90.00	$65.00	$90.00
ATM IV	63.1%	56.6%	78.7%	78.7%	61.5%
Expected Move	18.4%	15.8%	26.6%	26.6%	17.3%
HV 20d	60.0%	52.3%	65.1%	52.5%	53.0%
HV 60d	60.6%	49.2%	81.9%	81.9%	50.1%
IV Rank	20.8%	11.2%	43.9%	43.9%	18.4%
IV Percentile	39.9%	19.5%	86.9%	86.9%	36.3%
Term Structure	-0.9%	-4.8%	2.1%	-4.4%	1.2%
VWIV	64.3%	55.5%	94.6%	94.6%	59.9%
Skew 25d	3.5%	-0.3%	10.1%	8.8%	5.1%
Skew 10d	4.7%	-3.3%	12.4%	7.0%	7.9%
Call IV 25d	62.1%	54.9%	79.5%	75.4%	59.5%
Put IV 25d	65.6%	60.7%	84.2%	84.2%	64.6%
Bid-Ask Spread %	33.52	16.88	50.23	26.02	38.99
Gamma HHI	0.10	0.06	0.15	0.09	0.07
Net GEX	11.0M	4.0M	19.0M	7.5M	7.2M
Net DEX	-682.4M	-892.0M	-470.3M	-678.0M	-528.3M
Net VEX	-2.3M	-2.5M	-2.2M	-2.2M	-2.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.17	0.73	0.37	0.36
Total Volume	43,622.136	13,854	153,739	76,980	23,640
Total OI	260,620.773	209,347	323,882	229,517	232,084

Daily Data (22 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
2020-06-01	$94.46	$65.00	78.7%	26.6%	52.5%	43.9%	94.6%	8.8%	-4.4%	7.5M	-678.0M	-2.2M	0.37	26.02	56,166	20,814	114,254	115,263
2020-06-02	$91.78	$65.00	77.8%	25.6%	52.3%	42.5%	90.6%	1.3%	-1.7%	7.6M	-621.2M	-2.3M	0.56	19.96	58,421	32,524	133,750	125,055
2020-06-03	$98.91	$67.50	61.3%	18.6%	54.6%	18.1%	66.0%	0.2%	-1.5%	16.5M	-892.0M	-2.3M	0.23	36.07	125,432	28,307	160,637	145,366
2020-06-04	$94.86	$70.00	61.0%	17.1%	58.4%	17.6%	59.7%	-0.3%	0.0%	13.4M	-725.4M	-2.3M	0.31	30.37	78,677	24,753	172,463	144,569
2020-06-05	$92.93	$70.00	62.3%	16.5%	58.5%	19.6%	57.9%	1.1%	-0.6%	9.0M	-642.8M	-2.3M	0.32	42.04	30,935	9,773	173,966	149,916
2020-06-08	$95.48	$70.00	62.5%	17.2%	58.7%	19.9%	60.1%	1.3%	-1.7%	10.8M	-692.6M	-2.3M	0.31	18.18	27,885	8,540	145,331	126,741
2020-06-09	$93.97	$72.50	60.9%	16.7%	59.3%	17.4%	58.5%	2.3%	-2.6%	11.4M	-653.2M	-2.4M	0.50	16.88	12,510	6,246	151,741	129,748
2020-06-10	$97.10	$72.50	60.6%	16.9%	59.6%	17.1%	59.7%	1.2%	-1.6%	16.3M	-772.6M	-2.3M	0.17	24.88	20,771	3,608	152,997	127,810
2020-06-11	$95.21	$72.50	65.5%	18.7%	60.2%	24.3%	65.6%	1.6%	-0.4%	13.4M	-701.8M	-2.3M	0.19	47.49	38,378	7,171	153,691	129,032
2020-06-12	$93.10	$72.50	62.5%	18.1%	61.4%	19.8%	62.9%	1.0%	1.0%	4.7M	-598.2M	-2.3M	0.43	20.95	21,555	9,293	154,849	129,976
2020-06-15	$99.17	$72.50	64.0%	18.2%	64.1%	22.1%	63.8%	3.3%	-1.3%	11.0M	-755.2M	-2.2M	0.20	33.34	30,306	6,086	134,043	123,400
2020-06-16	$101.47	$72.50	63.2%	18.1%	63.8%	20.9%	63.4%	2.3%	0.4%	14.1M	-829.9M	-2.3M	0.28	41.65	23,638	6,719	138,325	125,873
2020-06-17	$98.65	$75.00	61.4%	17.6%	65.0%	18.2%	62.1%	2.3%	1.4%	13.6M	-738.8M	-2.3M	0.33	17.62	12,204	4,007	141,413	127,558
2020-06-18	$100.96	$77.50	61.5%	17.7%	65.0%	18.4%	61.8%	2.8%	-0.7%	17.6M	-818.7M	-2.3M	0.28	45.38	17,844	5,052	143,597	129,601
2020-06-19	$101.67	$80.00	63.6%	18.4%	64.9%	21.5%	64.9%	3.2%	-2.2%	19.0M	-867.4M	-2.3M	0.33	50.23	34,863	11,635	149,630	131,688
2020-06-22	$104.39	$85.00	57.9%	16.3%	65.1%	13.1%	57.0%	7.8%	-4.8%	9.0M	-639.6M	-2.3M	0.27	35.40	20,885	5,569	106,112	103,235
2020-06-23	$103.68	$85.00	57.0%	15.8%	63.0%	11.7%	55.5%	5.4%	-0.5%	10.2M	-628.0M	-2.4M	0.55	38.72	19,720	10,752	111,762	106,053
2020-06-24	$103.99	$85.00	61.0%	17.9%	62.5%	17.7%	61.9%	2.3%	-0.4%	9.0M	-622.1M	-2.4M	0.42	38.15	9,740	4,114	110,839	107,975
2020-06-25	$105.49	$85.00	56.6%	17.2%	62.4%	11.2%	58.8%	5.3%	2.1%	10.8M	-663.0M	-2.4M	0.29	39.52	20,016	5,763	110,862	109,750
2020-06-26	$99.39	$87.50	65.6%	19.2%	61.7%	24.5%	66.6%	10.1%	-0.4%	4.0M	-470.3M	-2.5M	0.73	34.25	26,562	19,440	114,781	112,190
2020-06-29	$98.30	$90.00	61.7%	18.1%	54.0%	18.6%	62.2%	8.6%	-0.5%	5.1M	-474.4M	-2.5M	0.35	41.29	14,367	5,006	114,376	111,355
2020-06-30	$99.97	$90.00	61.5%	17.3%	53.0%	18.4%	59.9%	5.1%	1.2%	7.2M	-528.3M	-2.5M	0.36	38.99	17,408	6,232	118,340	113,744