CRWD Options History — April 2021

In April 2021, CRWD traded between $186.57 and $224.57. ATM implied volatility averaged 44.6%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 8.5% (HV 20d: 53.1%). Max pain ranged from $180.00 to $215.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.51.

Notable Days

2021-04-13: Highest Volume — 60,694 contracts
2021-04-29: Largest IV spike — 10.0% change
2021-04-29: Highest IV Rank — 6.2%
2021-04-22: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$208.48	$186.57	$224.57	$186.57	$209.25
Max Pain	$199.17	$180.00	$215.00	$195.00	$210.00
ATM IV	44.6%	42.0%	47.8%	46.0%	45.1%
Expected Move	12.6%	11.7%	13.3%	13.0%	12.0%
HV 20d	53.1%	40.1%	72.0%	72.0%	44.3%
HV 60d	57.4%	56.4%	58.7%	57.3%	57.1%
IV Rank	2.2%	0.0%	6.2%	0.1%	4.6%
IV Percentile	1.5%	0.0%	6.7%	0.4%	4.8%
Term Structure	1.6%	-2.7%	8.4%	-0.5%	7.9%
VWIV	44.1%	41.1%	46.6%	46.0%	42.1%
Skew 25d	0.5%	-1.0%	2.2%	2.2%	0.4%
Skew 10d	0.6%	-3.9%	2.4%	0.6%	2.0%
Call IV 25d	44.6%	42.6%	46.9%	46.0%	43.1%
Put IV 25d	45.1%	42.4%	48.2%	48.2%	43.6%
Bid-Ask Spread %	32.79	16.43	43.84	16.43	30.60
Gamma HHI	0.07	0.04	0.12	0.05	0.06
Net GEX	6.3M	-10.7M	23.6M	-6.4M	-9.2M
Net DEX	-875.0M	-1.38B	-112.0M	-173.4M	-655.7M
Net VEX	-8.8M	-9.0M	-8.3M	-9.0M	-8.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.19	0.86	0.58	0.58
Total Volume	31,675.19	9,053	60,694	31,626	27,996
Total OI	345,670.857	303,187	395,328	373,114	323,836

Daily Data (21 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
2021-04-01	$186.57	$195.00	46.0%	13.0%	72.0%	0.1%	46.0%	2.2%	-0.5%	-6.4M	-173.4M	-9.0M	0.58	16.43	19,992	11,634	140,223	232,891
2021-04-05	$186.64	$180.00	47.8%	13.2%	69.0%	2.8%	46.3%	1.4%	-2.7%	-10.7M	-112.0M	-8.9M	0.67	42.82	5,431	3,622	134,920	224,257
2021-04-06	$194.67	$190.00	46.8%	13.3%	70.3%	1.3%	46.6%	1.3%	0.5%	-3.0M	-453.6M	-9.0M	0.46	32.13	19,321	8,978	138,473	226,696
2021-04-07	$193.75	$190.00	45.4%	12.8%	60.2%	0.0%	45.0%	0.9%	-0.1%	-3.5M	-415.1M	-9.0M	0.35	40.25	16,828	5,813	143,593	228,012
2021-04-08	$204.22	$190.00	44.8%	12.9%	62.0%	0.0%	45.1%	0.4%	0.1%	11.3M	-931.9M	-9.0M	0.19	42.58	48,424	9,365	148,864	229,057
2021-04-09	$202.76	$190.00	42.6%	12.1%	58.4%	0.0%	42.7%	0.9%	0.3%	11.4M	-932.9M	-8.8M	0.28	43.28	35,969	10,052	156,826	230,809
2021-04-12	$204.14	$195.00	44.3%	12.4%	57.2%	2.5%	43.6%	0.4%	-1.0%	2.8M	-817.0M	-8.8M	0.52	43.84	15,676	8,199	143,960	225,312
2021-04-13	$216.83	$195.00	44.9%	12.6%	60.9%	3.5%	44.5%	-0.4%	-0.9%	23.6M	-1.38B	-8.6M	0.61	39.59	37,758	22,936	144,958	225,344
2021-04-14	$208.50	$200.00	45.3%	12.6%	62.8%	4.0%	44.3%	0.1%	-0.7%	5.2M	-945.8M	-8.6M	0.71	31.69	22,159	15,773	142,619	226,381
2021-04-15	$212.73	$200.00	43.2%	12.2%	59.2%	0.9%	42.9%	-1.0%	-0.3%	14.8M	-1.24B	-8.8M	0.61	29.16	21,013	12,768	152,352	235,408
2021-04-16	$214.44	$200.00	42.4%	12.0%	47.1%	0.0%	42.1%	0.2%	-0.5%	15.5M	-1.32B	-8.8M	0.43	29.23	20,301	8,632	155,462	239,866
2021-04-19	$211.82	$200.00	44.2%	12.6%	47.4%	2.6%	44.2%	0.0%	0.2%	5.0M	-910.6M	-8.8M	0.31	19.70	27,208	8,305	120,702	182,485
2021-04-20	$207.47	$200.00	45.9%	13.1%	48.0%	5.2%	45.8%	-0.1%	0.1%	2.0M	-754.8M	-9.0M	0.46	26.99	13,596	6,239	126,161	185,207
2021-04-21	$209.94	$200.00	44.0%	12.6%	46.6%	2.5%	44.2%	0.6%	0.8%	3.7M	-826.7M	-9.0M	0.28	21.54	11,709	3,317	127,172	187,391
2021-04-22	$217.12	$200.00	46.5%	13.3%	42.3%	6.0%	46.3%	0.6%	-0.4%	17.0M	-1.11B	-8.9M	0.65	32.11	33,375	21,825	128,356	188,327
2021-04-23	$219.18	$200.00	42.9%	12.2%	41.6%	0.7%	42.8%	0.3%	0.9%	16.8M	-1.12B	-8.7M	0.40	34.27	24,661	9,766	128,570	191,271
2021-04-26	$224.57	$207.50	43.7%	12.4%	40.1%	2.0%	43.3%	1.1%	8.2%	12.3M	-1.26B	-8.5M	0.86	24.59	15,494	13,288	121,498	182,768
2021-04-27	$221.25	$210.00	43.0%	12.1%	40.7%	0.9%	42.3%	-0.3%	5.8%	13.3M	-1.15B	-8.5M	0.59	28.31	11,681	6,863	125,643	185,026
2021-04-28	$221.33	$215.00	42.0%	11.7%	40.9%	0.0%	41.1%	-0.3%	7.7%	16.7M	-1.16B	-8.3M	0.48	41.08	7,323	3,490	127,527	186,153
2021-04-29	$210.93	$215.00	46.2%	12.7%	44.1%	6.2%	44.9%	0.8%	8.4%	-7.1M	-714.2M	-8.6M	0.79	38.39	21,393	17,006	127,763	186,949
2021-04-30	$209.25	$210.00	45.1%	12.0%	44.3%	4.6%	42.1%	0.4%	7.9%	-9.2M	-655.7M	-8.5M	0.58	30.60	17,691	10,305	132,363	191,473