CRWD Options History — December 2023

In December 2023, CRWD traded between $235.07 and $259.83. ATM implied volatility averaged 30.4%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 2.0% (HV 20d: 32.4%). Max pain ranged from $160.00 to $195.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2023-12-01: Highest Volume — 54,427 contracts
  • 2023-12-08: Largest IV drop — 5.5% change
  • 2023-12-27: Highest IV Rank — 7.5%
  • 2023-12-27: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$250.29$235.07$259.83$235.07$255.14
Max Pain$166.75$160.00$195.00$195.00$170.00
ATM IV30.4%28.9%32.1%29.4%30.9%
Expected Move8.7%8.4%9.1%8.7%8.5%
HV 20d32.4%15.4%38.0%38.0%15.4%
HV 60d33.4%31.4%35.0%35.0%31.5%
IV Rank3.2%0.0%7.5%0.0%4.7%
IV Percentile3.1%0.0%7.5%0.0%6.7%
Term Structure0.5%-0.7%1.0%0.2%0.9%
VWIV31.0%29.9%32.4%30.9%30.3%
Skew 25d0.9%0.4%1.5%1.1%0.9%
Skew 10d2.7%1.8%3.5%2.9%2.7%
Call IV 25d30.4%28.8%32.4%29.2%30.7%
Put IV 25d31.3%29.6%32.9%30.3%31.7%
Bid-Ask Spread %9.343.3645.186.994.20
Gamma HHI0.120.070.210.210.19
Net GEX33.8M820.6K58.1M51.4M820.6K
Net DEX-2.81B-3.48B-2.50B-2.80B-2.50B
Net VEX-6.5M-6.8M-6.3M-6.5M-6.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.471.350.660.93
Total Volume28,565.4515,05754,42754,42718,972
Total OI358,767.45321,742432,670432,670342,381

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$235.07$195.0029.4%8.7%38.0%0.0%30.9%1.1%0.2%51.4M-2.80B-6.5M0.666.9932,70421,723200,693231,977
2023-12-04$237.18$160.0030.9%8.9%37.5%3.5%31.5%1.4%0.3%28.1M-2.59B-6.5M0.817.7620,05416,303167,113191,094
2023-12-05$238.16$160.0030.4%8.9%37.0%2.3%31.6%1.5%0.6%37.7M-2.69B-6.6M0.526.0820,53210,665172,552193,548
2023-12-06$240.19$160.0030.1%8.9%36.0%1.8%31.7%1.2%0.8%48.0M-2.83B-6.6M0.658.2326,72517,432176,688195,952
2023-12-07$239.88$165.0030.6%8.9%36.1%2.9%31.7%1.3%0.8%42.3M-2.77B-6.7M0.654.1919,85412,888178,292199,732
2023-12-08$243.12$165.0028.9%8.6%35.0%0.0%31.2%0.8%1.0%50.7M-3.04B-6.6M0.476.6120,0859,497183,243203,378
2023-12-11$246.98$165.0030.4%8.7%34.4%3.4%31.1%1.0%-0.1%37.5M-2.93B-6.4M0.578.7222,05212,513168,259191,736
2023-12-12$249.51$165.0029.5%8.5%34.1%1.4%30.3%1.0%0.1%44.5M-3.05B-6.4M0.695.0514,80510,191176,748194,689
2023-12-13$252.18$165.0029.5%8.4%33.0%1.3%29.9%0.7%-0.7%50.6M-3.19B-6.3M0.6145.1815,4689,424179,481196,081
2023-12-14$252.01$165.0030.0%8.6%31.5%2.5%30.6%0.8%0.0%51.2M-3.16B-6.4M0.826.6717,85514,676182,075197,185
2023-12-15$258.89$165.0030.1%8.7%31.9%2.8%30.9%0.4%0.2%58.1M-3.48B-6.3M0.653.3626,56117,190184,083201,816
2023-12-18$259.83$165.0030.3%8.7%31.9%3.3%31.0%0.6%0.6%29.3M-2.79B-6.3M0.675.8013,4469,001152,265169,477
2023-12-19$258.15$165.0030.0%8.6%32.6%2.5%30.4%0.4%0.6%29.9M-2.73B-6.4M0.674.0311,6517,816156,910172,955
2023-12-20$255.37$165.0030.6%8.8%33.4%4.0%31.2%0.9%0.6%23.7M-2.58B-6.7M1.3534.0310,17413,764157,942175,585
2023-12-21$257.57$165.0031.0%8.9%33.3%4.9%31.4%0.8%0.5%19.7M-2.65B-6.7M0.725.2512,0708,692159,837179,643
2023-12-22$255.18$165.0030.2%8.6%34.0%3.1%30.1%1.1%0.8%3.8M-2.55B-6.7M0.885.2412,78711,205162,188181,349
2023-12-26$257.90$170.0031.8%9.0%33.8%6.9%31.7%0.9%0.5%23.0M-2.62B-6.4M0.864.2710,3808,928153,162172,275
2023-12-27$257.23$170.0032.1%9.1%34.1%7.5%32.4%0.5%0.5%23.8M-2.60B-6.7M0.646.2511,0467,123157,798176,194
2023-12-28$256.18$170.0031.2%8.7%15.6%5.5%30.9%0.8%0.7%21.1M-2.56B-6.8M0.708.898,8436,214161,443177,530
2023-12-29$255.14$170.0030.9%8.5%15.4%4.7%30.3%0.9%0.9%820.6K-2.50B-6.8M0.934.209,8549,118162,903179,478