CRWD Options History — June 2021

In June 2021, CRWD traded between $206.38 and $256.68. ATM implied volatility averaged 40.6%, placing in the 3.6% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 2.2% (HV 20d: 42.8%). Max pain ranged from $180.00 to $220.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.53.

Notable Days

2021-06-22: Highest Volume — 95,287 contracts
2021-06-04: Largest IV drop — 12.4% change
2021-06-01: Highest IV Rank — 12.1%
2021-06-01: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$234.84	$206.38	$256.68	$223.21	$252.26
Max Pain	$206.14	$180.00	$220.00	$180.00	$220.00
ATM IV	40.6%	36.8%	50.1%	50.1%	40.7%
Expected Move	11.6%	10.7%	15.5%	15.5%	11.2%
HV 20d	42.8%	38.5%	48.1%	41.6%	48.1%
HV 60d	46.1%	42.1%	52.5%	52.5%	43.7%
IV Rank	3.6%	0.0%	12.1%	12.1%	5.4%
IV Percentile	3.5%	0.0%	14.3%	14.3%	6.0%
Term Structure	0.1%	-2.2%	1.0%	-2.2%	0.9%
VWIV	41.0%	37.5%	54.8%	54.8%	39.5%
Skew 25d	0.8%	-0.3%	1.9%	-0.3%	0.7%
Skew 10d	1.7%	-0.5%	3.7%	3.7%	1.2%
Call IV 25d	40.5%	37.0%	50.0%	50.0%	41.0%
Put IV 25d	41.3%	37.6%	49.7%	49.7%	41.7%
Bid-Ask Spread %	35.27	11.47	53.52	48.35	11.60
Gamma HHI	0.10	0.04	0.20	0.05	0.09
Net GEX	22.9M	-42.1M	53.2M	8.1M	23.5M
Net DEX	-1.40B	-2.07B	-449.6M	-1.17B	-1.43B
Net VEX	-7.9M	-8.4M	-7.6M	-8.2M	-8.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.32	1.08	0.56	0.38
Total Volume	44,362.5	19,293	95,287	24,758	29,408
Total OI	329,289.909	263,112	375,146	324,842	304,728

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
2021-06-01	$223.21	$180.00	50.1%	15.5%	41.6%	12.1%	54.8%	-0.3%	-2.2%	8.1M	-1.17B	-8.2M	0.56	48.35	15,888	8,870	123,471	201,371
2021-06-02	$220.91	$180.00	48.1%	15.3%	38.5%	9.0%	53.2%	0.8%	-0.7%	7.1M	-1.08B	-8.4M	0.65	33.31	11,705	7,588	129,133	204,961
2021-06-03	$214.96	$200.00	47.8%	13.2%	39.2%	8.5%	45.7%	1.0%	-1.2%	1.1M	-868.9M	-8.3M	1.08	42.18	29,001	31,384	133,765	208,342
2021-06-04	$206.38	$200.00	41.8%	11.8%	39.5%	0.0%	41.5%	0.5%	-0.6%	-42.1M	-449.6M	-8.2M	0.77	44.62	48,150	37,024	149,053	226,093
2021-06-07	$215.39	$200.00	39.7%	11.4%	41.4%	0.0%	40.3%	0.9%	0.3%	9.4M	-984.1M	-8.1M	0.62	48.01	27,464	17,132	136,993	207,444
2021-06-08	$215.81	$200.00	38.4%	11.1%	41.2%	0.0%	39.2%	1.2%	0.1%	11.4M	-952.8M	-8.0M	0.64	40.84	17,916	11,470	137,044	208,982
2021-06-09	$214.10	$200.00	37.8%	11.1%	40.3%	0.0%	38.9%	1.9%	1.0%	6.9M	-873.9M	-7.9M	0.35	52.41	16,605	5,854	139,191	211,568
2021-06-10	$228.26	$200.00	39.5%	11.3%	43.6%	2.3%	39.8%	0.9%	-0.2%	34.4M	-1.56B	-7.8M	0.39	45.55	65,890	25,682	140,755	213,185
2021-06-11	$231.08	$200.00	36.8%	10.7%	41.5%	0.0%	37.6%	0.6%	0.7%	53.2M	-1.74B	-7.8M	0.42	27.49	40,528	17,005	149,223	218,028
2021-06-14	$233.62	$200.00	37.4%	10.7%	40.9%	0.8%	37.8%	0.1%	0.9%	31.4M	-1.63B	-7.7M	0.49	50.16	23,510	11,510	137,518	207,932
2021-06-15	$228.92	$200.00	37.9%	10.9%	41.4%	1.5%	38.0%	0.8%	0.5%	25.0M	-1.40B	-7.9M	0.54	37.28	14,939	8,029	141,234	210,264
2021-06-16	$233.49	$210.00	38.9%	11.2%	38.8%	2.9%	39.0%	1.0%	-0.2%	35.0M	-1.62B	-7.7M	0.35	53.52	24,415	8,476	142,631	211,729
2021-06-17	$240.18	$210.00	37.9%	10.9%	39.4%	1.5%	38.4%	1.3%	0.1%	45.0M	-1.91B	-7.8M	0.44	28.11	33,131	14,416	144,037	213,349
2021-06-18	$244.84	$210.00	40.2%	11.5%	39.1%	4.6%	40.1%	0.5%	0.4%	37.0M	-2.07B	-7.7M	0.38	46.01	41,355	15,728	144,827	214,714
2021-06-21	$237.38	$210.00	39.4%	11.2%	40.8%	3.6%	39.7%	0.7%	-0.2%	17.3M	-1.11B	-7.8M	0.77	38.42	17,050	13,068	113,321	149,791
2021-06-22	$256.42	$215.00	42.1%	12.0%	47.7%	7.3%	42.2%	0.8%	0.3%	28.7M	-1.80B	-7.6M	0.34	11.47	70,895	24,392	117,337	155,092
2021-06-23	$253.54	$220.00	40.2%	11.3%	47.9%	4.6%	39.7%	0.8%	0.3%	33.0M	-1.71B	-8.0M	0.43	37.14	33,131	14,147	130,101	164,648
2021-06-24	$251.96	$220.00	40.7%	11.2%	47.5%	5.4%	39.7%	0.8%	-0.2%	36.1M	-1.62B	-8.2M	0.50	12.19	29,480	14,852	135,354	167,612
2021-06-25	$251.47	$220.00	38.2%	10.7%	47.6%	1.9%	37.5%	0.9%	0.4%	38.2M	-1.59B	-8.0M	0.52	21.45	23,277	12,060	138,401	172,690
2021-06-28	$255.60	$220.00	39.5%	11.1%	47.7%	3.7%	39.1%	0.2%	0.3%	29.5M	-1.65B	-7.9M	0.32	28.82	24,852	7,935	125,645	165,594
2021-06-29	$256.68	$220.00	40.1%	11.1%	47.7%	4.6%	39.2%	0.7%	0.6%	35.3M	-1.67B	-7.9M	0.63	17.05	18,840	11,923	129,204	168,023
2021-06-30	$252.26	$220.00	40.7%	11.2%	48.1%	5.4%	39.5%	0.7%	0.9%	23.5M	-1.43B	-8.1M	0.38	11.60	21,298	8,110	131,457	173,271