CRWD Options History — February 2021

In February 2021, CRWD traded between $207.58 and $241.29. ATM implied volatility averaged 58.3%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 16.0% (HV 20d: 42.3%). Max pain ranged from $170.00 to $215.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.65.

Notable Days

  • 2021-02-11: Highest Volume — 59,205 contracts
  • 2021-02-16: Largest IV spike — 13.6% change
  • 2021-02-25: Highest IV Rank — 27.1%
  • 2021-02-25: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$225.86$207.58$241.29$215.61$215.00
Max Pain$188.95$170.00$215.00$215.00$195.00
ATM IV58.3%49.3%67.5%58.2%66.1%
Expected Move18.0%14.3%20.9%16.4%20.1%
HV 20d42.3%37.8%53.3%53.3%38.8%
HV 60d59.9%56.8%65.7%65.7%60.2%
IV Rank13.4%0.1%27.1%13.2%25.0%
IV Percentile35.8%0.4%79.0%30.6%73.4%
Term Structure2.1%-4.0%12.0%0.6%-4.0%
VWIV62.7%50.1%72.5%57.4%70.3%
Skew 25d-0.2%-2.7%5.8%-1.4%5.8%
Skew 10d-1.8%-5.5%3.3%-4.0%2.9%
Call IV 25d58.7%49.8%67.0%59.4%64.6%
Put IV 25d58.4%49.3%70.4%58.0%70.4%
Bid-Ask Spread %53.2833.4964.1733.4955.51
Gamma HHI0.070.040.150.050.05
Net GEX11.6M-7.9M53.8M794.5K-2.5M
Net DEX-1.28B-2.02B-534.7M-1.01B-766.3M
Net VEX-6.5M-7.4M-6.1M-6.3M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.231.170.750.68
Total Volume28,20113,87459,20513,87428,813
Total OI309,543.263285,033340,956285,033332,715

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-02-01$215.61$215.0058.2%16.4%53.3%13.2%57.4%-1.4%0.6%794.5K-1.01B-6.3M0.7533.497,9235,951108,649176,384
2021-02-02$220.04$215.0054.5%15.0%49.1%7.8%52.8%-1.3%0.1%6.3M-1.17B-6.1M0.4838.1415,1187,317111,348179,321
2021-02-03$217.87$215.0053.0%14.3%45.9%5.6%50.1%-1.8%-0.0%5.8M-1.12B-6.3M0.7438.639,0726,715116,027182,238
2021-02-04$223.16$170.0049.7%17.4%46.3%0.6%60.7%-2.3%2.8%17.8M-1.31B-6.3M0.6662.6712,3428,148118,063185,003
2021-02-05$223.33$170.0049.3%17.2%41.5%0.1%59.9%0.3%0.7%16.6M-1.30B-6.2M0.5854.3112,1297,033119,540186,899
2021-02-08$221.88$170.0050.1%17.7%41.3%1.2%61.6%-2.1%11.3%5.3M-1.17B-6.1M0.9963.388,2828,236109,588179,945
2021-02-09$224.43$175.0050.1%17.7%39.7%1.2%61.7%-0.7%12.0%7.1M-1.25B-6.2M0.6652.8511,8627,825111,178183,994
2021-02-10$229.91$180.0053.9%18.8%40.4%6.8%65.2%-2.7%11.6%17.2M-1.44B-6.3M0.2363.8740,9009,467116,913187,217
2021-02-11$235.46$185.0053.4%17.7%39.9%6.1%61.7%-0.9%9.7%38.3M-1.80B-6.5M0.6162.2936,69722,508136,768190,324
2021-02-12$241.29$185.0054.8%17.8%40.4%8.1%62.4%-0.4%11.6%53.8M-2.02B-6.7M0.2564.1745,33911,298141,699199,257
2021-02-16$241.24$185.0062.2%18.2%39.1%19.2%63.4%-1.2%-2.4%24.5M-1.77B-6.4M0.5553.9222,46412,243126,301192,682
2021-02-17$237.44$185.0063.8%18.3%39.7%21.5%63.8%-1.1%-2.6%17.7M-1.59B-6.4M0.7045.1911,9898,418124,592195,262
2021-02-18$239.94$185.0062.9%18.1%38.9%20.2%63.6%-0.8%-0.7%19.5M-1.66B-6.5M0.6659.3510,4566,871124,942198,628
2021-02-19$238.75$185.0062.5%18.0%37.8%19.7%62.9%-1.6%-1.6%10.1M-1.63B-6.5M0.5555.8214,7138,134126,511201,777
2021-02-22$223.69$190.0064.5%18.9%44.9%22.6%66.2%0.4%-2.3%921.5K-1.02B-6.7M1.1749.5511,25213,218111,206176,732
2021-02-23$218.44$195.0065.9%19.7%44.6%24.6%68.2%1.7%-2.1%-5.7M-827.2M-6.8M0.5851.1922,68813,213114,142183,941
2021-02-24$216.19$195.0065.7%19.4%40.5%24.3%67.7%2.8%-1.7%-5.1M-805.2M-7.0M0.5452.3517,9589,740119,956189,728
2021-02-25$207.58$195.0067.5%20.9%42.2%27.1%72.5%2.6%-3.5%-7.9M-534.7M-7.3M0.9855.5414,85614,631126,860194,992
2021-02-26$215.00$195.0066.1%20.1%38.8%25.0%70.3%5.8%-4.0%-2.5M-766.3M-7.4M0.6855.5117,20011,613129,324203,391