CRWD Options History — February 2022

In February 2022, CRWD traded between $162.11 and $194.45. ATM implied volatility averaged 65.7%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded above realized volatility by 7.2% (HV 20d: 58.5%). Max pain ranged from $185.00 to $200.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.72.

Notable Days

2022-02-28: Highest Volume — 86,202 contracts
2022-02-03: Largest IV spike — 14.6% change
2022-02-23: Highest IV Rank — 100.0%
2022-02-28: Largest Expected Move — 23.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$178.71	$162.11	$194.45	$181.94	$194.45
Max Pain	$195.26	$185.00	$200.00	$185.00	$185.00
ATM IV	65.7%	54.4%	74.3%	54.4%	72.1%
Expected Move	19.4%	16.0%	23.3%	16.0%	23.3%
HV 20d	58.5%	50.8%	73.0%	59.8%	73.0%
HV 60d	56.8%	53.7%	60.1%	58.5%	60.1%
IV Rank	78.7%	49.4%	100.0%	49.4%	94.5%
IV Percentile	92.8%	78.6%	100.0%	78.6%	98.8%
Term Structure	-0.5%	-3.3%	8.5%	1.0%	-2.7%
VWIV	68.2%	57.2%	81.8%	57.2%	81.8%
Skew 25d	8.3%	6.2%	10.4%	8.2%	6.2%
Skew 10d	17.3%	13.6%	20.1%	17.3%	13.6%
Call IV 25d	62.4%	51.1%	70.3%	51.1%	69.3%
Put IV 25d	70.7%	59.3%	79.8%	59.3%	75.4%
Bid-Ask Spread %	15.87	12.75	20.19	14.61	14.16
Gamma HHI	0.06	0.04	0.15	0.05	0.07
Net GEX	-356.5K	-9.8M	13.8M	-62.0K	9.8M
Net DEX	445.4M	-188.3M	929.2M	393.8M	-188.3M
Net VEX	-10.2M	-11.3M	-8.9M	-10.5M	-11.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.23	1.28	1.12	0.23
Total Volume	31,253.895	17,790	86,202	19,003	86,202
Total OI	317,451.474	290,904	340,185	309,778	308,663

Daily Data (19 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
2022-02-01	$181.94	$185.00	54.4%	16.0%	59.8%	49.4%	57.2%	8.2%	1.0%	-62.0K	393.8M	-10.5M	1.12	14.61	8,948	10,055	146,804	162,974
2022-02-02	$176.97	$185.00	55.3%	16.4%	58.2%	51.8%	59.6%	7.4%	6.5%	-3.1M	552.2M	-10.2M	1.28	14.36	10,570	13,574	148,260	165,953
2022-02-03	$170.25	$200.00	63.4%	19.2%	57.4%	73.0%	65.9%	7.9%	6.3%	-8.7M	757.9M	-9.9M	0.86	15.46	12,278	10,543	150,241	170,341
2022-02-04	$177.30	$200.00	60.2%	18.4%	57.2%	64.6%	63.0%	7.5%	8.5%	-3.9M	520.0M	-10.4M	0.83	13.87	14,927	12,441	152,725	172,145
2022-02-07	$178.21	$200.00	63.0%	18.1%	57.2%	72.1%	64.1%	8.1%	-1.4%	-4.7M	511.5M	-10.3M	0.66	14.80	13,390	8,793	145,322	163,546
2022-02-08	$179.27	$200.00	62.8%	17.9%	57.1%	71.6%	63.0%	8.2%	-1.6%	-2.5M	494.5M	-10.2M	0.61	16.28	11,580	7,055	149,520	165,082
2022-02-09	$186.12	$200.00	60.7%	17.2%	57.8%	66.0%	61.7%	7.4%	-0.4%	5.9M	263.2M	-10.6M	0.55	15.10	15,220	8,376	151,711	166,058
2022-02-10	$186.73	$200.00	63.0%	17.6%	55.8%	72.0%	62.1%	7.8%	-2.0%	10.0M	206.3M	-10.6M	0.66	15.41	20,316	13,435	154,707	167,431
2022-02-11	$180.95	$200.00	68.4%	19.1%	50.9%	86.3%	66.5%	9.9%	-1.9%	-1.0M	463.6M	-10.4M	0.69	18.72	19,143	13,260	158,883	170,805
2022-02-14	$181.02	$200.00	67.7%	19.2%	50.8%	84.5%	67.8%	9.1%	-1.3%	-1.7M	407.6M	-10.4M	0.81	20.15	10,736	8,650	155,106	166,810
2022-02-15	$188.56	$200.00	63.1%	18.0%	51.9%	72.4%	63.9%	8.2%	-1.8%	4.4M	136.9M	-10.7M	0.51	17.32	14,654	7,539	157,037	168,349
2022-02-16	$183.39	$200.00	63.5%	18.2%	52.6%	73.3%	68.3%	7.9%	-2.1%	1.9M	332.1M	-10.4M	0.95	20.19	9,729	9,214	161,606	168,850
2022-02-17	$169.94	$195.00	70.8%	20.4%	59.3%	92.6%	71.0%	7.9%	-1.9%	-9.8M	783.5M	-9.6M	0.82	19.47	16,897	13,900	163,145	171,114
2022-02-18	$165.36	$195.00	71.2%	20.7%	56.7%	93.6%	71.7%	9.7%	-3.3%	-9.2M	929.2M	-9.2M	1.00	13.64	16,913	16,900	166,810	173,375
2022-02-22	$167.94	$195.00	70.9%	21.4%	56.9%	92.8%	74.2%	9.6%	-3.1%	-6.0M	696.7M	-9.3M	0.54	15.56	18,252	9,764	138,451	152,453
2022-02-23	$162.11	$190.00	74.3%	22.4%	56.6%	100.0%	77.2%	10.4%	-3.2%	-6.1M	812.6M	-8.9M	0.68	12.75	10,578	7,212	143,515	155,112
2022-02-24	$182.86	$190.00	72.4%	22.7%	70.8%	95.2%	78.4%	8.4%	-2.2%	4.2M	196.5M	-10.5M	0.48	14.13	44,692	21,445	144,867	155,855
2022-02-25	$182.06	$190.00	70.5%	21.7%	70.8%	90.2%	77.9%	7.7%	-2.6%	13.8M	192.0M	-10.5M	0.38	15.51	33,804	12,839	156,590	161,362
2022-02-28	$194.45	$185.00	72.1%	23.3%	73.0%	94.5%	81.8%	6.2%	-2.7%	9.8M	-188.3M	-11.3M	0.23	14.16	70,112	16,090	152,374	156,289