CRWD Options History — August 2023

In August 2023, CRWD traded between $143.66 and $166.38. ATM implied volatility averaged 52.8%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 3.2% (HV 20d: 49.6%). Max pain ranged from $140.00 to $155.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 1.07.

Notable Days

2023-08-31: Highest Volume — 149,216 contracts
2023-08-31: Largest IV drop — 26.6% change
2023-08-18: Highest IV Rank — 60.5%
2023-08-28: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$150.83	$143.66	$166.38	$166.38	$163.61
Max Pain	$145.65	$140.00	$155.00	$150.00	$145.00
ATM IV	52.8%	36.0%	57.3%	50.1%	36.0%
Expected Move	15.1%	9.7%	16.9%	11.7%	9.7%
HV 20d	49.6%	40.7%	56.8%	40.7%	56.8%
HV 60d	41.7%	40.2%	47.5%	40.3%	47.5%
IV Rank	48.2%	2.5%	60.5%	40.9%	2.5%
IV Percentile	48.8%	0.8%	71.0%	33.3%	0.8%
Term Structure	-1.8%	-2.6%	0.2%	-1.8%	0.2%
VWIV	53.2%	34.3%	58.7%	41.5%	34.3%
Skew 25d	2.0%	0.9%	3.0%	0.9%	1.6%
Skew 10d	4.3%	2.3%	5.9%	2.3%	3.3%
Call IV 25d	52.3%	35.4%	57.3%	51.6%	35.4%
Put IV 25d	54.3%	37.0%	60.0%	52.4%	37.0%
Bid-Ask Spread %	3.41	2.37	6.70	2.82	3.02
Gamma HHI	0.05	0.04	0.12	0.06	0.09
Net GEX	-3.7M	-26.9M	50.7M	25.6M	50.7M
Net DEX	-305.7M	-1.19B	85.3M	-1.03B	-1.19B
Net VEX	-6.5M	-6.7M	-6.1M	-6.4M	-6.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.07	0.47	1.90	0.49	0.69
Total Volume	44,630.174	14,836	149,216	42,351	149,216
Total OI	323,707.217	281,527	398,169	281,527	398,169

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
2023-08-01	$166.38	$150.00	50.1%	11.7%	40.7%	40.9%	41.5%	0.9%	-1.8%	25.6M	-1.03B	-6.4M	0.49	2.82	28,364	13,987	142,533	138,994
2023-08-02	$154.54	$150.00	54.2%	12.8%	49.7%	52.0%	45.4%	1.7%	-1.9%	8.8M	-455.4M	-6.6M	0.73	2.82	26,646	19,448	145,571	142,706
2023-08-03	$157.53	$155.00	55.0%	14.8%	48.8%	54.2%	51.6%	1.1%	-2.2%	17.0M	-615.6M	-6.7M	0.47	5.66	19,754	9,223	150,897	148,604
2023-08-04	$150.44	$155.00	54.8%	14.9%	51.9%	53.6%	52.9%	1.3%	-2.5%	-6.5M	-232.2M	-6.5M	1.06	3.31	34,953	37,207	153,451	151,788
2023-08-07	$150.99	$155.00	54.6%	15.1%	50.5%	53.2%	52.5%	1.8%	-1.4%	-3.7M	-274.2M	-6.6M	1.72	4.05	13,170	22,693	146,130	153,064
2023-08-08	$145.83	$155.00	55.1%	15.2%	51.8%	54.5%	53.4%	2.1%	-1.5%	-23.4M	34.3M	-6.4M	0.90	3.15	19,734	17,823	149,326	165,386
2023-08-09	$145.44	$150.00	54.8%	15.2%	50.8%	53.6%	56.3%	2.1%	-1.8%	-19.7M	20.1M	-6.4M	0.81	2.85	15,549	12,525	154,317	165,328
2023-08-10	$147.68	$140.00	53.8%	14.9%	50.1%	51.0%	52.3%	2.2%	-2.2%	-16.7M	-155.4M	-6.5M	1.30	4.61	13,922	18,126	160,230	170,181
2023-08-11	$148.04	$140.00	52.9%	14.8%	50.0%	48.6%	52.0%	1.8%	-2.0%	-24.8M	-153.9M	-6.5M	1.28	2.39	13,543	17,279	162,076	177,144
2023-08-14	$152.19	$140.00	53.0%	15.0%	50.2%	48.7%	52.8%	2.0%	-1.4%	6.1M	-436.7M	-6.5M	1.33	5.26	16,182	21,486	151,357	159,178
2023-08-15	$149.44	$140.00	53.6%	15.3%	50.6%	50.3%	53.8%	2.1%	-1.8%	-3.9M	-257.6M	-6.6M	0.86	2.42	10,487	9,037	156,536	170,190
2023-08-16	$148.97	$140.00	53.5%	15.3%	49.7%	50.2%	54.3%	2.3%	-1.7%	-5.5M	-233.5M	-6.5M	1.90	2.51	10,962	20,852	159,233	173,215
2023-08-17	$144.43	$140.00	56.0%	16.2%	45.2%	56.8%	56.5%	3.0%	-2.4%	-26.9M	85.3M	-6.5M	1.38	2.37	15,729	21,775	160,284	185,374
2023-08-18	$146.76	$140.00	57.3%	16.7%	45.0%	60.5%	58.3%	2.7%	-2.6%	-18.3M	-53.9M	-6.6M	1.05	6.70	19,496	20,539	162,881	192,278
2023-08-21	$154.47	$140.00	54.0%	16.0%	48.5%	51.6%	56.2%	2.3%	-1.6%	1.1M	-475.3M	-6.5M	1.02	2.57	26,232	26,840	137,526	168,595
2023-08-22	$152.41	$145.00	54.1%	16.2%	48.6%	51.7%	56.8%	2.5%	-1.6%	-3.6M	-361.1M	-6.6M	0.84	3.22	8,063	6,773	143,604	179,822
2023-08-23	$154.34	$145.00	53.0%	16.1%	48.3%	48.6%	56.4%	2.5%	-1.7%	3.1M	-461.3M	-6.5M	0.82	2.67	11,211	9,158	145,657	181,730
2023-08-24	$146.05	$145.00	53.6%	16.4%	52.0%	50.4%	57.4%	2.4%	-1.8%	-26.0M	-32.1M	-6.4M	0.71	2.41	16,510	11,731	148,941	183,523
2023-08-25	$150.19	$145.00	52.5%	16.2%	52.4%	47.5%	56.7%	2.2%	-1.8%	1.6M	-285.8M	-6.4M	1.64	2.83	17,028	27,873	150,874	184,790
2023-08-28	$143.66	$145.00	52.7%	16.9%	52.3%	47.9%	58.7%	2.3%	-1.8%	-8.0M	-42.0M	-6.1M	1.38	2.49	25,061	34,476	141,012	157,608
2023-08-29	$146.84	$145.00	50.7%	16.5%	51.8%	42.5%	57.6%	1.8%	-1.7%	-7.6M	-162.1M	-6.3M	0.88	2.41	20,244	17,761	151,390	177,964
2023-08-30	$148.77	$145.00	49.1%	16.0%	45.5%	38.1%	56.0%	1.0%	-1.6%	-4.4M	-263.2M	-6.4M	1.23	5.77	43,773	54,053	159,289	186,520
2023-08-31	$163.61	$145.00	36.0%	9.7%	56.8%	2.5%	34.3%	1.6%	0.2%	50.7M	-1.19B	-6.3M	0.69	3.02	88,151	61,065	180,597	217,572