CRWD Options History — September 2023

In September 2023, CRWD traded between $160.13 and $172.44. ATM implied volatility averaged 35.3%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 13.7% (HV 20d: 49.0%). Max pain ranged from $147.00 to $160.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2023-09-01: Highest Volume — 61,886 contracts
  • 2023-09-21: Largest IV spike — 6.3% change
  • 2023-09-26: Highest IV Rank — 15.8%
  • 2023-09-26: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$165.65$160.13$172.44$161.07$167.20
Max Pain$156.10$147.00$160.00$147.00$160.00
ATM IV35.3%32.5%38.7%34.5%35.8%
Expected Move10.1%9.0%11.0%9.0%10.0%
HV 20d49.0%25.2%54.9%54.3%25.2%
HV 60d46.1%44.9%47.6%47.3%44.9%
IV Rank5.5%0.0%15.8%0.0%8.6%
IV Percentile3.9%0.0%15.5%0.0%6.3%
Term Structure0.3%-0.1%0.9%0.7%0.9%
VWIV35.5%31.7%39.1%31.7%35.5%
Skew 25d2.4%1.8%3.3%1.8%2.9%
Skew 10d4.9%3.7%6.9%3.8%6.3%
Call IV 25d34.4%31.9%37.4%33.8%34.5%
Put IV 25d36.8%33.8%40.7%35.6%37.4%
Bid-Ask Spread %2.391.743.722.563.72
Gamma HHI0.070.050.140.090.08
Net GEX16.7M-3.6M40.3M27.0M26.8M
Net DEX-773.0M-1.18B-362.4M-922.3M-772.5M
Net VEX-6.6M-7.0M-6.2M-6.3M-7.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.581.180.750.94
Total Volume31,035.4515,60961,88661,88632,808
Total OI338,459.55304,485406,586406,586342,916

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$161.07$147.0034.5%9.0%54.3%0.0%31.7%1.8%0.7%27.0M-922.3M-6.3M0.752.5635,41126,475179,322227,264
2023-09-05$165.27$150.0035.8%10.4%54.9%3.5%37.1%1.8%0.0%25.6M-943.7M-6.2M0.692.2824,55316,847151,921174,061
2023-09-06$165.62$150.0035.7%10.3%52.9%3.2%37.6%1.8%-0.1%31.2M-962.5M-6.3M1.042.4623,13124,164159,274178,978
2023-09-07$166.98$150.0035.4%10.3%52.8%2.3%36.0%1.8%-0.1%34.3M-1.02B-6.4M0.882.8016,61614,646161,496188,432
2023-09-08$168.27$155.0034.3%9.9%52.7%0.0%35.1%1.9%0.3%40.3M-1.09B-6.3M0.602.2221,93913,271163,071191,832
2023-09-11$172.44$155.0033.7%9.8%53.1%0.0%34.8%1.9%0.4%30.0M-1.18B-6.2M0.831.8416,83813,977152,823173,501
2023-09-12$169.78$155.0034.1%9.8%53.1%1.1%34.5%2.1%0.1%26.3M-1.04B-6.4M1.092.2310,84311,845156,554179,035
2023-09-13$168.68$155.0033.5%9.6%52.6%0.0%34.2%2.0%-0.1%24.4M-985.9M-6.4M0.851.908,8787,591159,534182,931
2023-09-14$171.66$155.0032.5%9.4%52.6%0.0%32.7%1.9%0.5%35.0M-1.15B-6.4M0.581.7415,2618,809161,319185,716
2023-09-15$165.37$155.0033.5%9.6%53.3%2.6%33.8%2.2%0.1%10.3M-777.3M-6.5M1.132.0119,04621,493165,996187,855
2023-09-18$166.74$155.0034.0%9.8%53.2%4.0%34.5%2.6%0.5%9.2M-653.8M-6.5M0.852.1113,92811,891139,895164,590
2023-09-19$165.13$160.0034.5%9.9%50.7%5.2%35.2%2.6%0.3%3.8M-567.6M-6.6M0.742.2713,60210,073146,440171,783
2023-09-20$164.69$160.0034.8%10.0%50.4%6.0%35.3%2.5%0.2%4.9M-565.9M-6.7M1.052.509,63010,157153,089175,935
2023-09-21$162.85$160.0037.0%10.6%50.6%11.6%36.9%2.7%0.0%-3.1M-455.0M-6.8M0.672.6134,47223,072156,301179,938
2023-09-22$162.85$160.0035.6%10.1%45.7%7.9%35.5%2.7%0.6%-2.8M-474.7M-6.9M0.712.3119,63413,847163,101182,578
2023-09-25$160.25$160.0037.2%10.6%45.5%12.0%37.0%3.0%0.3%-3.6M-362.4M-6.8M0.842.439,7828,175150,757168,866
2023-09-26$160.13$160.0038.7%11.0%42.0%15.8%38.5%3.3%0.3%-3.4M-365.4M-6.8M0.692.729,2486,361153,938171,385
2023-09-27$163.03$160.0038.5%11.0%41.8%15.3%39.1%3.3%0.4%5.4M-535.1M-6.9M1.182.2010,35012,183156,989172,614
2023-09-28$165.00$160.0037.0%10.4%41.8%11.4%35.9%2.9%0.6%12.2M-631.7M-7.0M0.622.8612,2507,612159,339177,822
2023-09-29$167.20$160.0035.8%10.0%25.2%8.6%35.5%2.9%0.9%26.8M-772.5M-7.0M0.943.7216,94515,863162,444180,472