CRWD Options History — February 2023

In February 2023, CRWD traded between $109.03 and $120.75. ATM implied volatility averaged 65.5%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 16.1% (HV 20d: 49.5%). Max pain ranged from $100.00 to $120.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.51.

Notable Days

2023-02-02: Highest Volume — 62,487 contracts
2023-02-06: Largest IV spike — 15.9% change
2023-02-22: Highest IV Rank — 49.6%
2023-02-28: Largest Expected Move — 22.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$114.98	$109.03	$120.75	$111.42	$120.44
Max Pain	$117.63	$100.00	$120.00	$100.00	$115.00
ATM IV	65.5%	49.4%	70.3%	49.4%	68.4%
Expected Move	19.6%	15.0%	22.8%	15.0%	22.8%
HV 20d	49.5%	43.3%	55.3%	54.7%	46.5%
HV 60d	59.1%	47.8%	65.7%	65.7%	47.8%
IV Rank	39.4%	5.2%	49.6%	5.2%	45.5%
IV Percentile	68.1%	2.8%	84.5%	2.8%	78.6%
Term Structure	-0.7%	-3.7%	11.7%	8.7%	-3.1%
VWIV	68.5%	53.7%	80.1%	53.7%	80.1%
Skew 25d	5.1%	3.0%	6.1%	4.9%	5.5%
Skew 10d	10.1%	6.2%	11.5%	9.4%	11.1%
Call IV 25d	63.4%	47.5%	68.1%	47.5%	65.5%
Put IV 25d	68.4%	52.4%	73.4%	52.4%	71.0%
Bid-Ask Spread %	2.98	2.16	5.97	2.61	4.31
Gamma HHI	0.05	0.04	0.07	0.05	0.04
Net GEX	8.9M	-989.0K	15.7M	10.6M	11.6M
Net DEX	-132.0M	-350.5M	80.8M	-103.3M	-223.2M
Net VEX	-4.7M	-5.1M	-4.4M	-4.4M	-5.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.25	0.77	0.57	0.64
Total Volume	37,471.421	19,281	62,487	44,101	23,413
Total OI	305,918.105	285,292	328,708	289,946	312,073

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
2023-02-01	$111.42	$100.00	49.4%	15.0%	54.7%	5.2%	53.7%	4.9%	8.7%	10.6M	-103.3M	-4.4M	0.57	2.61	28,051	16,050	151,137	138,809
2023-02-02	$114.48	$120.00	53.3%	17.4%	55.3%	13.4%	60.4%	3.9%	11.4%	13.8M	-235.6M	-4.6M	0.44	3.10	43,280	19,207	156,880	141,913
2023-02-03	$113.87	$120.00	54.5%	17.4%	43.3%	16.0%	60.9%	3.0%	11.7%	13.2M	-203.6M	-4.6M	0.42	2.36	36,732	15,345	167,466	146,321
2023-02-06	$109.34	$120.00	63.2%	18.2%	46.6%	34.4%	63.1%	5.0%	-2.6%	4.1M	34.8M	-4.4M	0.37	2.35	23,505	8,634	155,497	137,296
2023-02-07	$114.34	$120.00	65.0%	18.4%	48.4%	38.2%	64.1%	4.7%	-2.5%	9.5M	-143.0M	-4.6M	0.44	2.34	22,404	9,893	158,524	139,928
2023-02-08	$115.03	$120.00	67.5%	18.9%	47.5%	43.7%	65.1%	4.8%	-1.6%	12.5M	-189.1M	-4.7M	0.25	2.69	36,001	9,013	163,581	142,224
2023-02-09	$113.94	$120.00	68.0%	19.1%	47.9%	44.7%	66.0%	4.3%	-2.0%	10.7M	-129.2M	-4.6M	0.41	2.76	26,553	10,792	167,431	145,703
2023-02-10	$109.03	$120.00	69.1%	19.4%	51.3%	47.0%	67.6%	5.2%	-2.2%	-989.0K	80.8M	-4.5M	0.73	2.89	18,010	13,127	175,623	148,539
2023-02-13	$112.00	$120.00	69.7%	19.8%	51.6%	48.4%	69.1%	5.9%	-3.3%	5.2M	-32.6M	-4.6M	0.55	2.26	12,433	6,848	154,784	139,685
2023-02-14	$116.23	$120.00	67.7%	19.3%	50.2%	44.1%	68.0%	5.1%	-3.2%	10.0M	-187.1M	-4.7M	0.46	2.73	28,002	12,903	158,855	141,678
2023-02-15	$119.79	$120.00	67.5%	19.3%	48.3%	43.6%	68.5%	4.8%	-3.3%	15.7M	-350.5M	-5.0M	0.48	2.96	25,394	12,267	166,683	146,163
2023-02-16	$115.34	$120.00	66.7%	19.3%	50.8%	42.0%	67.2%	5.1%	-2.4%	10.2M	-152.1M	-4.8M	0.60	2.99	18,653	11,217	173,172	150,950
2023-02-17	$113.76	$120.00	66.2%	19.2%	50.9%	40.9%	67.7%	5.2%	-2.5%	3.8M	-68.0M	-4.8M	0.61	3.06	19,159	11,778	174,692	154,016
2023-02-21	$112.99	$120.00	70.3%	21.2%	50.2%	49.6%	74.0%	6.1%	-2.9%	2.2M	20.1M	-4.7M	0.77	2.19	16,820	12,944	150,474	134,818
2023-02-22	$116.92	$115.00	70.3%	21.5%	51.0%	49.6%	75.1%	5.9%	-3.2%	7.7M	-119.9M	-4.9M	0.48	2.45	26,531	12,615	157,462	141,194
2023-02-23	$117.85	$115.00	69.7%	21.5%	48.5%	48.2%	76.1%	5.8%	-3.7%	9.6M	-157.1M	-5.0M	0.45	2.16	26,294	11,877	161,822	144,451
2023-02-24	$117.18	$115.00	69.4%	21.6%	48.1%	47.6%	74.9%	5.1%	-3.6%	10.6M	-129.6M	-5.0M	0.57	5.97	23,727	13,417	167,424	148,517
2023-02-27	$120.75	$115.00	69.2%	22.6%	48.7%	47.3%	79.2%	5.6%	-2.8%	9.0M	-220.6M	-5.1M	0.43	4.54	34,403	14,665	156,435	140,224
2023-02-28	$120.44	$115.00	68.4%	22.8%	46.5%	45.5%	80.1%	5.5%	-3.1%	11.6M	-223.2M	-5.1M	0.64	4.31	14,314	9,099	166,640	145,433