CRWD Options History — December 2021

In December 2021, CRWD traded between $193.88 and $211.70. ATM implied volatility averaged 51.0%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded below realized volatility by 11.7% (HV 20d: 62.7%). Max pain ranged from $210.00 to $250.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.76.

Notable Days

2021-12-01: Highest Volume — 94,084 contracts
2021-12-03: Largest IV spike — 20.3% change
2021-12-03: Highest IV Rank — 79.1%
2021-12-01: Largest Expected Move — 22.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$204.69	$193.88	$211.70	$203.98	$205.69
Max Pain	$214.55	$210.00	$250.00	$250.00	$210.00
ATM IV	51.0%	43.9%	65.6%	65.0%	44.1%
Expected Move	14.7%	12.3%	22.0%	22.0%	12.3%
HV 20d	62.7%	50.2%	70.0%	65.1%	50.2%
HV 60d	53.9%	49.4%	55.8%	49.4%	53.7%
IV Rank	40.3%	21.6%	79.1%	77.2%	22.1%
IV Percentile	57.9%	34.5%	96.4%	95.2%	35.7%
Term Structure	-0.5%	-4.7%	1.1%	-4.7%	0.6%
VWIV	52.0%	43.2%	78.1%	78.1%	43.2%
Skew 25d	4.4%	1.5%	7.1%	1.5%	3.2%
Skew 10d	9.6%	4.3%	14.4%	4.7%	6.4%
Call IV 25d	49.7%	42.6%	65.3%	65.0%	43.3%
Put IV 25d	54.1%	46.5%	69.3%	66.4%	46.5%
Bid-Ask Spread %	41.89	20.79	56.14	43.82	29.52
Gamma HHI	0.06	0.05	0.09	0.06	0.06
Net GEX	-17.4M	-34.0M	-2.6M	-22.4M	-17.3M
Net DEX	596.9M	125.7M	1.23B	880.3M	419.6M
Net VEX	-10.0M	-10.5M	-9.5M	-9.7M	-9.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.39	1.45	0.74	0.77
Total Volume	36,556.818	20,580	94,084	94,084	20,580
Total OI	362,790.636	341,274	386,460	341,274	361,165

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
2021-12-01	$203.98	$250.00	65.0%	22.0%	65.1%	77.2%	78.1%	1.5%	-4.7%	-22.4M	880.3M	-9.7M	0.74	43.82	54,050	40,034	140,157	201,117
2021-12-02	$210.90	$240.00	54.6%	16.8%	66.7%	49.8%	60.5%	2.2%	0.0%	-17.3M	649.2M	-10.3M	0.69	37.17	49,639	34,278	165,784	216,860
2021-12-03	$193.88	$240.00	65.6%	20.2%	69.0%	79.1%	69.1%	4.0%	-1.6%	-27.6M	1.23B	-9.7M	1.25	39.05	27,103	33,790	161,676	219,303
2021-12-06	$194.94	$210.00	59.0%	16.3%	69.5%	61.4%	58.5%	7.1%	-0.1%	-23.5M	1.05B	-9.5M	0.66	42.92	21,152	13,953	145,082	206,745
2021-12-07	$203.98	$210.00	52.4%	14.8%	70.0%	44.1%	53.5%	6.0%	0.5%	-20.7M	774.8M	-9.9M	0.67	45.11	18,972	12,771	149,134	210,538
2021-12-08	$208.79	$210.00	49.4%	13.9%	69.8%	36.1%	49.2%	5.0%	-0.9%	-16.2M	550.3M	-9.9M	0.83	52.13	13,952	11,632	153,373	208,982
2021-12-09	$201.06	$210.00	51.6%	14.3%	69.8%	41.9%	51.1%	5.4%	0.2%	-21.6M	829.1M	-9.6M	0.93	50.65	15,279	14,185	156,404	211,260
2021-12-10	$198.15	$210.00	48.3%	13.6%	69.6%	33.1%	49.2%	4.4%	0.3%	-34.0M	982.5M	-9.6M	1.45	49.05	14,509	21,027	160,146	216,608
2021-12-13	$200.29	$210.00	50.5%	14.0%	69.7%	39.1%	49.2%	4.4%	-1.7%	-25.0M	846.6M	-9.7M	0.78	50.57	13,972	10,833	152,513	212,616
2021-12-14	$198.51	$210.00	50.2%	14.2%	59.6%	38.3%	49.6%	5.3%	-0.3%	-24.1M	886.1M	-9.7M	0.87	55.29	15,190	13,167	156,629	214,744
2021-12-15	$210.05	$210.00	50.5%	14.0%	62.6%	39.1%	49.2%	5.5%	-1.8%	-14.4M	424.1M	-10.5M	0.66	54.85	22,974	15,213	160,357	218,494
2021-12-16	$199.99	$210.00	52.8%	14.9%	61.6%	45.0%	53.0%	4.8%	-0.9%	-20.5M	759.7M	-10.1M	0.71	46.06	18,510	13,140	163,232	217,376
2021-12-17	$203.82	$210.00	52.7%	14.9%	62.7%	44.9%	51.5%	4.9%	-1.0%	-13.9M	582.4M	-10.4M	0.87	56.14	16,311	14,250	167,486	218,974
2021-12-20	$205.74	$210.00	54.0%	15.3%	63.0%	48.2%	53.5%	5.5%	0.1%	-12.9M	380.9M	-10.5M	0.70	39.52	15,836	11,043	140,032	201,978
2021-12-21	$209.54	$210.00	48.2%	13.8%	60.6%	32.9%	50.3%	5.1%	0.6%	-9.2M	256.9M	-10.4M	0.70	37.13	18,299	12,873	141,820	203,319
2021-12-22	$207.74	$210.00	46.8%	13.4%	58.3%	29.1%	48.7%	4.7%	-0.1%	-8.9M	301.8M	-10.3M	0.73	31.91	15,356	11,146	145,441	207,206
2021-12-23	$211.70	$210.00	44.8%	12.8%	58.9%	24.0%	45.5%	4.3%	1.1%	-2.6M	125.7M	-10.3M	0.47	30.70	21,749	10,261	147,953	208,627
2021-12-27	$209.78	$210.00	46.8%	13.2%	58.5%	29.2%	46.6%	3.3%	-0.4%	-12.5M	266.1M	-10.2M	0.39	29.76	35,071	13,568	139,216	203,915
2021-12-28	$208.14	$210.00	45.5%	13.0%	56.8%	25.9%	45.9%	3.2%	0.1%	-13.4M	321.9M	-10.2M	0.55	20.79	13,386	7,408	147,272	209,933
2021-12-29	$206.95	$210.00	45.3%	12.7%	55.9%	25.2%	45.7%	3.7%	0.3%	-15.7M	367.3M	-10.0M	0.71	34.50	14,020	9,886	148,473	208,745
2021-12-30	$209.54	$210.00	43.9%	12.4%	51.2%	21.6%	43.5%	3.9%	-0.2%	-9.9M	248.9M	-10.1M	0.59	44.93	14,991	8,891	150,091	210,618
2021-12-31	$205.69	$210.00	44.1%	12.3%	50.2%	22.1%	43.2%	3.2%	0.6%	-17.3M	419.6M	-9.8M	0.77	29.52	11,624	8,956	149,981	211,184