CRWD Options History — July 2023

In July 2023, CRWD traded between $142.85 and $161.68. ATM implied volatility averaged 39.5%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 1.8% (HV 20d: 37.6%). Max pain ranged from $143.00 to $150.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.67.

Notable Days

2023-07-17: Highest Volume — 64,497 contracts
2023-07-31: Largest IV spike — 15.2% change
2023-07-31: Highest IV Rank — 37.5%
2023-07-20: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$150.74	$142.85	$161.68	$146.16	$161.68
Max Pain	$147.55	$143.00	$150.00	$143.00	$150.00
ATM IV	39.5%	35.8%	48.9%	35.8%	48.9%
Expected Move	11.1%	9.8%	11.7%	9.8%	11.7%
HV 20d	37.6%	35.3%	40.0%	35.4%	40.0%
HV 60d	40.7%	39.6%	43.2%	40.2%	40.1%
IV Rank	11.9%	1.7%	37.5%	1.7%	37.5%
IV Percentile	9.7%	0.4%	29.4%	0.4%	29.4%
Term Structure	2.3%	-1.6%	9.5%	0.2%	-1.6%
VWIV	39.3%	34.9%	41.5%	34.9%	41.3%
Skew 25d	1.3%	0.6%	1.8%	1.6%	1.1%
Skew 10d	2.7%	1.5%	3.5%	3.0%	1.8%
Call IV 25d	39.3%	35.8%	51.2%	35.8%	51.2%
Put IV 25d	40.7%	37.4%	52.3%	37.4%	52.3%
Bid-Ask Spread %	3.11	2.25	7.02	2.55	3.81
Gamma HHI	0.07	0.04	0.14	0.05	0.07
Net GEX	13.3M	-10.6M	31.9M	9.3M	22.1M
Net DEX	-471.0M	-929.4M	-95.3M	-284.8M	-833.0M
Net VEX	-6.1M	-6.4M	-5.7M	-5.7M	-6.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.43	1.15	0.98	0.51
Total Volume	37,189.55	17,193	64,497	17,193	54,617
Total OI	298,612.7	260,400	347,095	275,229	265,638

Daily Data (20 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
2023-07-03	$146.16	$143.00	35.8%	9.8%	35.4%	1.7%	34.9%	1.6%	0.2%	9.3M	-284.8M	-5.7M	0.98	2.55	8,685	8,508	140,505	134,724
2023-07-05	$146.69	$143.00	36.2%	10.0%	35.3%	3.0%	35.3%	1.3%	0.2%	11.6M	-310.6M	-5.7M	1.07	2.81	11,286	12,049	143,585	139,678
2023-07-06	$142.85	$145.00	37.4%	10.7%	36.3%	6.2%	38.4%	1.5%	0.0%	-10.6M	-95.3M	-5.7M	0.54	7.02	21,918	11,892	146,479	146,506
2023-07-07	$144.32	$145.00	36.4%	10.5%	35.6%	3.4%	37.6%	1.3%	0.2%	-2.1M	-208.3M	-5.7M	0.51	3.72	20,348	10,334	152,240	150,866
2023-07-10	$149.42	$145.00	37.7%	10.8%	37.5%	7.1%	38.3%	1.8%	0.0%	12.2M	-449.4M	-5.9M	0.77	2.68	20,613	15,829	141,218	143,334
2023-07-11	$151.17	$145.00	37.9%	10.9%	37.5%	7.5%	38.6%	1.7%	0.0%	19.1M	-559.7M	-5.9M	0.89	2.46	12,812	11,449	147,261	149,876
2023-07-12	$146.80	$145.00	38.1%	11.0%	38.9%	8.1%	38.3%	1.6%	0.1%	6.7M	-319.0M	-5.9M	1.15	3.41	28,334	32,650	149,485	153,629
2023-07-13	$150.89	$150.00	38.5%	11.0%	39.8%	9.3%	38.7%	1.4%	-0.2%	22.0M	-569.2M	-6.0M	0.46	3.12	35,049	16,150	154,549	162,874
2023-07-14	$149.32	$145.00	38.1%	10.9%	40.0%	8.2%	38.5%	1.2%	0.1%	28.9M	-474.4M	-6.0M	0.46	3.10	22,598	10,464	156,317	165,633
2023-07-17	$152.88	$145.00	40.0%	11.4%	37.3%	13.2%	40.3%	1.0%	0.3%	16.8M	-602.9M	-6.0M	0.43	2.77	45,187	19,310	148,282	149,817
2023-07-18	$153.67	$150.00	39.9%	11.4%	36.3%	13.1%	40.5%	1.0%	0.3%	23.3M	-693.8M	-6.1M	0.57	3.14	18,623	10,529	160,294	159,594
2023-07-19	$157.51	$150.00	40.4%	11.6%	36.8%	14.4%	41.2%	0.6%	0.1%	31.9M	-929.4M	-6.2M	0.49	2.64	40,011	19,773	163,768	163,241
2023-07-20	$147.55	$150.00	40.8%	11.7%	37.6%	15.5%	41.5%	1.2%	0.0%	2.1M	-289.6M	-6.2M	0.53	2.76	34,804	18,493	167,916	166,612
2023-07-21	$150.61	$150.00	39.8%	11.4%	38.1%	12.9%	39.9%	1.4%	0.5%	15.3M	-511.8M	-6.2M	0.44	2.63	27,486	12,199	174,256	172,839
2023-07-24	$149.40	$150.00	39.8%	11.4%	37.8%	12.7%	40.0%	1.6%	8.3%	1.8M	-292.9M	-6.2M	0.91	2.25	17,368	15,802	128,894	131,506
2023-07-25	$151.31	$150.00	40.1%	11.5%	37.7%	13.6%	40.4%	1.6%	9.0%	5.3M	-384.8M	-6.3M	0.59	2.36	12,548	7,452	136,263	141,990
2023-07-26	$154.44	$150.00	39.7%	11.4%	37.8%	12.6%	40.1%	1.3%	9.5%	15.5M	-545.6M	-6.3M	0.54	3.33	16,439	8,931	139,855	144,468
2023-07-27	$152.33	$150.00	41.9%	11.5%	38.3%	18.6%	40.6%	1.2%	9.3%	9.6M	-442.7M	-6.3M	0.76	2.91	13,749	10,511	142,727	144,702
2023-07-28	$155.76	$150.00	42.4%	11.1%	38.7%	19.9%	41.0%	1.1%	9.5%	24.8M	-621.8M	-6.3M	0.85	2.73	15,677	13,314	145,098	145,735
2023-07-31	$161.68	$150.00	48.9%	11.7%	40.0%	37.5%	41.3%	1.1%	-1.6%	22.1M	-833.0M	-6.4M	0.51	3.81	36,200	18,417	135,179	130,459