CRWD Options History — August 2021

In August 2021, CRWD traded between $232.02 and $285.89. ATM implied volatility averaged 51.2%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 11.9% (HV 20d: 39.3%). Max pain ranged from $250.00 to $260.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.65.

Notable Days

2021-08-24: Highest Volume — 142,614 contracts
2021-08-03: Largest IV spike — 9.2% change
2021-08-19: Highest IV Rank — 24.7%
2021-08-19: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$255.45	$232.02	$285.89	$253.62	$279.32
Max Pain	$252.16	$250.00	$260.00	$260.00	$260.00
ATM IV	51.2%	47.0%	54.8%	47.0%	49.1%
Expected Move	14.4%	11.6%	15.8%	11.6%	15.4%
HV 20d	39.3%	27.1%	48.8%	32.3%	48.8%
HV 60d	39.9%	37.6%	42.8%	38.4%	41.0%
IV Rank	19.8%	14.1%	24.7%	14.1%	16.9%
IV Percentile	36.3%	24.6%	52.4%	24.6%	29.4%
Term Structure	-1.5%	-2.6%	0.5%	0.5%	-0.9%
VWIV	50.8%	40.6%	55.4%	40.6%	54.9%
Skew 25d	0.9%	-0.1%	2.2%	0.1%	0.8%
Skew 10d	1.9%	-4.7%	4.5%	1.6%	1.3%
Call IV 25d	51.4%	48.8%	54.2%	49.7%	49.0%
Put IV 25d	52.3%	48.7%	56.4%	49.8%	49.8%
Bid-Ask Spread %	35.74	10.66	49.16	37.33	18.44
Gamma HHI	0.09	0.05	0.18	0.09	0.06
Net GEX	-13.1M	-49.8M	39.7M	-31.5M	16.8M
Net DEX	-686.4M	-2.21B	297.3M	-447.2M	-1.61B
Net VEX	-8.5M	-8.9M	-8.1M	-8.6M	-8.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.23	1.10	0.74	1.03
Total Volume	47,212.409	13,455	142,614	17,987	112,686
Total OI	298,197.5	269,222	326,681	280,781	297,167

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
2021-08-02	$253.62	$260.00	47.0%	11.6%	32.3%	14.1%	40.6%	0.1%	0.5%	-31.5M	-447.2M	-8.6M	0.74	37.33	10,317	7,670	99,847	180,934
2021-08-03	$253.54	$260.00	51.4%	11.8%	27.1%	20.0%	41.7%	1.0%	-2.6%	-34.8M	-404.7M	-8.7M	0.74	35.38	16,991	12,645	101,439	185,438
2021-08-04	$263.80	$260.00	51.6%	11.7%	30.7%	20.3%	41.4%	1.0%	-2.5%	-18.4M	-907.0M	-8.5M	0.81	34.00	14,751	11,911	103,807	187,437
2021-08-05	$265.00	$250.00	51.8%	14.0%	30.5%	20.6%	49.2%	0.8%	-2.3%	-8.5M	-1.06B	-8.5M	0.66	42.91	13,285	8,751	109,430	191,279
2021-08-06	$261.11	$250.00	50.9%	13.9%	30.9%	19.4%	48.9%	0.5%	-2.1%	-13.8M	-863.2M	-8.5M	0.73	36.70	17,602	12,800	111,687	192,241
2021-08-09	$263.46	$250.00	50.5%	14.0%	30.9%	18.8%	48.9%	1.2%	-1.1%	-26.7M	-899.6M	-8.4M	0.66	37.55	8,123	5,332	104,121	186,458
2021-08-10	$253.61	$250.00	50.9%	14.2%	33.8%	19.4%	49.3%	1.2%	-0.9%	-43.0M	-404.8M	-8.5M	0.51	40.10	16,763	8,587	106,709	189,635
2021-08-11	$238.79	$250.00	52.5%	14.7%	38.7%	21.6%	51.7%	0.9%	-1.3%	-42.3M	297.3M	-8.4M	1.10	42.69	41,925	45,939	108,957	190,059
2021-08-12	$245.41	$250.00	51.3%	14.3%	39.7%	19.9%	50.2%	0.6%	-1.7%	-49.8M	54.1M	-8.4M	0.41	40.17	21,009	8,709	112,833	191,664
2021-08-13	$243.04	$250.00	50.3%	14.2%	39.9%	18.5%	49.7%	1.1%	-0.8%	-24.6M	-128.3M	-8.5M	0.85	44.01	13,553	11,536	124,206	185,521
2021-08-16	$234.35	$250.00	53.2%	15.1%	41.7%	22.5%	53.9%	1.4%	-1.6%	-31.3M	162.0M	-8.5M	1.04	45.92	19,760	20,619	112,613	179,963
2021-08-17	$232.02	$250.00	54.5%	15.6%	41.2%	24.4%	54.3%	1.8%	-1.6%	-32.6M	286.6M	-8.5M	0.63	49.16	16,930	10,593	114,280	183,055
2021-08-18	$233.33	$250.00	53.9%	15.5%	41.3%	23.5%	53.9%	1.7%	-2.2%	-32.7M	240.0M	-8.7M	0.47	45.78	15,190	7,206	121,571	193,538
2021-08-19	$234.18	$250.00	54.8%	15.8%	39.0%	24.7%	54.9%	2.2%	-2.2%	-29.0M	180.9M	-8.9M	0.55	45.56	13,196	7,198	125,883	195,387
2021-08-20	$236.43	$250.00	50.3%	14.6%	37.9%	18.5%	52.1%	2.0%	-1.9%	-9.6M	93.9M	-8.8M	0.87	45.87	13,218	11,554	128,523	198,158
2021-08-23	$245.87	$250.00	51.0%	15.0%	41.0%	19.5%	52.8%	1.7%	-1.3%	423.8K	-682.6M	-8.5M	0.44	27.56	21,536	9,548	104,735	164,487
2021-08-24	$264.14	$250.00	52.0%	15.6%	47.9%	20.9%	55.2%	-0.1%	-0.6%	11.7M	-1.30B	-8.4M	0.35	31.29	105,320	37,294	106,234	167,565
2021-08-25	$272.06	$250.00	51.7%	15.4%	48.3%	20.5%	54.3%	-0.0%	-1.4%	15.7M	-1.63B	-8.1M	0.23	22.78	66,676	15,628	110,612	171,418
2021-08-26	$279.04	$250.00	51.3%	15.5%	48.7%	20.0%	55.4%	-0.1%	-2.0%	39.7M	-2.05B	-8.6M	0.44	10.66	65,802	28,786	129,901	181,655
2021-08-27	$281.96	$250.00	48.1%	14.5%	47.7%	15.5%	51.3%	0.2%	-0.7%	36.9M	-2.21B	-8.2M	0.43	24.14	48,579	20,773	134,251	184,401
2021-08-30	$285.89	$257.50	48.4%	14.9%	47.7%	15.9%	53.0%	-0.1%	-1.3%	19.3M	-1.82B	-8.4M	0.70	28.22	36,588	25,794	115,324	175,922
2021-08-31	$279.32	$260.00	49.1%	15.4%	48.8%	16.9%	54.9%	0.8%	-0.9%	16.8M	-1.61B	-8.5M	1.03	18.44	55,438	57,248	118,604	178,563