CRWD Options History — August 2022

In August 2022, CRWD traded between $183.18 and $202.86. ATM implied volatility averaged 61.7%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 11.4% (HV 20d: 50.3%). Max pain ranged from $180.00 to $185.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.87.

Notable Days

2022-08-31: Highest Volume — 153,206 contracts
2022-08-31: Largest IV drop — 16.9% change
2022-08-22: Highest IV Rank — 52.0%
2022-08-30: Largest Expected Move — 20.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$193.43	$183.18	$202.86	$183.54	$183.18
Max Pain	$184.35	$180.00	$185.00	$180.00	$185.00
ATM IV	61.7%	54.7%	66.0%	61.8%	54.7%
Expected Move	17.5%	15.1%	20.6%	16.5%	15.5%
HV 20d	50.3%	44.5%	53.3%	51.1%	49.6%
HV 60d	63.1%	54.4%	79.5%	79.5%	54.9%
IV Rank	44.5%	32.6%	52.0%	44.7%	32.6%
IV Percentile	64.7%	42.5%	79.8%	67.1%	42.5%
Term Structure	-1.7%	-3.3%	-0.1%	-2.0%	-0.1%
VWIV	61.4%	55.2%	73.3%	58.0%	55.2%
Skew 25d	7.6%	6.0%	9.5%	9.3%	6.0%
Skew 10d	15.3%	12.1%	19.4%	19.1%	12.1%
Call IV 25d	58.2%	52.0%	62.6%	59.0%	52.0%
Put IV 25d	65.8%	58.0%	71.5%	68.3%	58.0%
Bid-Ask Spread %	14.81	5.13	22.45	13.22	5.13
Gamma HHI	0.05	0.04	0.09	0.04	0.06
Net GEX	6.6M	-12.7M	18.1M	2.4M	-12.7M
Net DEX	-274.9M	-565.0M	185.7M	-47.7M	185.7M
Net VEX	-8.6M	-9.0M	-7.9M	-8.6M	-7.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.43	1.70	1.28	0.77
Total Volume	31,602.304	10,897	153,206	15,191	153,206
Total OI	305,168.217	279,357	371,528	289,055	371,528

Daily Data (23 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
2022-08-01	$183.54	$180.00	61.8%	16.5%	51.1%	44.7%	58.0%	9.3%	-2.0%	2.4M	-47.7M	-8.6M	1.28	13.22	6,651	8,540	139,142	149,913
2022-08-02	$189.07	$180.00	62.3%	15.9%	49.6%	45.5%	56.6%	9.5%	-0.8%	7.3M	-207.2M	-8.8M	1.29	16.57	8,073	10,401	140,743	152,176
2022-08-03	$195.71	$180.00	63.9%	15.1%	51.0%	48.4%	55.5%	8.4%	-2.7%	14.5M	-420.3M	-9.0M	0.93	8.74	14,811	13,767	142,871	153,923
2022-08-04	$187.56	$185.00	65.6%	17.7%	52.9%	51.3%	64.2%	8.9%	-3.1%	5.6M	-147.9M	-8.8M	0.75	15.03	18,565	14,004	146,222	158,094
2022-08-05	$190.71	$185.00	62.2%	17.0%	53.3%	45.5%	58.9%	7.7%	-3.3%	13.4M	-266.7M	-8.8M	0.84	19.73	14,021	11,815	150,286	162,151
2022-08-08	$189.47	$185.00	62.1%	17.2%	52.4%	45.2%	60.5%	8.0%	-1.3%	4.6M	-180.9M	-8.6M	0.93	22.45	10,727	9,964	140,353	153,483
2022-08-09	$186.66	$185.00	63.3%	17.7%	46.7%	47.2%	62.1%	7.2%	-1.0%	1.7M	-92.4M	-8.5M	0.79	20.97	7,377	5,793	142,547	154,426
2022-08-10	$201.15	$185.00	60.6%	16.9%	53.0%	42.6%	59.2%	7.7%	-1.8%	15.6M	-565.0M	-8.9M	0.51	16.53	16,821	8,569	144,529	155,589
2022-08-11	$197.51	$185.00	59.3%	16.7%	53.0%	40.5%	59.9%	6.7%	-1.0%	12.6M	-435.6M	-8.8M	0.89	17.07	11,469	10,182	147,669	158,118
2022-08-12	$200.96	$185.00	59.0%	16.6%	51.8%	39.9%	58.0%	6.8%	-1.4%	18.1M	-546.6M	-8.8M	0.84	16.30	10,770	9,088	150,248	160,388
2022-08-15	$202.40	$185.00	60.5%	17.2%	51.6%	42.4%	60.5%	7.3%	-1.2%	12.8M	-541.5M	-8.8M	0.84	18.91	7,348	6,169	144,295	155,253
2022-08-16	$200.82	$185.00	60.1%	17.1%	51.7%	41.8%	59.7%	7.8%	-1.3%	11.9M	-483.7M	-8.7M	0.66	18.31	9,698	6,373	146,662	157,774
2022-08-17	$196.85	$185.00	62.4%	17.9%	51.7%	45.7%	62.5%	7.3%	-1.4%	8.3M	-355.9M	-8.7M	0.79	21.24	10,040	7,979	148,992	160,573
2022-08-18	$195.81	$185.00	61.2%	17.6%	51.5%	43.6%	61.6%	6.0%	-1.6%	6.9M	-329.1M	-8.6M	0.72	15.32	6,349	4,548	150,242	161,278
2022-08-19	$190.53	$185.00	62.5%	18.0%	51.6%	45.9%	63.1%	6.9%	-1.3%	-7.0M	-149.3M	-8.5M	0.96	16.02	9,732	9,328	151,110	162,044
2022-08-22	$185.02	$185.00	66.0%	19.6%	52.6%	52.0%	68.4%	8.1%	-1.6%	-1.3M	18.3M	-8.2M	1.70	14.28	7,760	13,158	132,090	147,267
2022-08-23	$192.78	$185.00	62.7%	18.5%	47.0%	46.3%	64.6%	7.4%	-2.1%	-609.6K	-184.9M	-8.4M	1.09	11.22	12,694	13,862	134,277	155,779
2022-08-24	$195.57	$185.00	59.9%	17.7%	44.5%	41.4%	58.2%	7.7%	-1.5%	5.4M	-291.9M	-8.5M	0.45	9.89	19,593	8,898	139,007	155,870
2022-08-25	$202.86	$185.00	58.0%	17.2%	45.3%	38.2%	58.2%	7.3%	-1.5%	16.2M	-544.8M	-8.7M	0.43	10.97	17,760	7,579	147,492	159,062
2022-08-26	$194.64	$185.00	61.5%	18.5%	48.3%	44.2%	65.0%	8.3%	-1.9%	5.0M	-262.5M	-8.5M	0.87	5.88	15,317	13,321	153,133	160,088
2022-08-29	$192.64	$185.00	63.6%	20.0%	48.5%	47.8%	69.5%	7.3%	-1.5%	4.7M	-216.5M	-8.4M	0.94	10.59	15,385	14,404	150,300	152,927
2022-08-30	$193.40	$185.00	65.9%	20.6%	47.4%	51.7%	73.3%	7.7%	-2.5%	5.5M	-256.4M	-8.5M	0.68	16.18	68,222	46,722	157,081	161,874
2022-08-31	$183.18	$185.00	54.7%	15.5%	49.6%	32.6%	55.2%	6.0%	-0.1%	-12.7M	185.7M	-7.9M	0.77	5.13	86,579	66,627	188,274	183,254