CRWD Options History — February 2024

In February 2024, CRWD traded between $292.23 and $333.38. ATM implied volatility averaged 57.1%, placing in the 68.6% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 14.9% (HV 20d: 42.3%). Max pain ranged from $210.00 to $250.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.80.

Notable Days

2024-02-21: Highest Volume — 110,354 contracts
2024-02-05: Largest IV spike — 17.0% change
2024-02-27: Highest IV Rank — 90.2%
2024-02-29: Largest Expected Move — 23.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$317.13	$292.23	$333.38	$299.54	$323.14
Max Pain	$229.25	$210.00	$250.00	$210.00	$250.00
ATM IV	57.1%	37.7%	65.5%	37.7%	64.2%
Expected Move	17.7%	12.9%	23.5%	12.9%	23.5%
HV 20d	42.3%	34.0%	55.6%	37.1%	53.4%
HV 60d	36.3%	32.6%	43.0%	33.2%	39.2%
IV Rank	68.6%	21.2%	90.2%	21.2%	89.4%
IV Percentile	83.8%	32.9%	97.2%	32.9%	96.4%
Term Structure	-1.7%	-5.3%	11.0%	10.5%	-5.3%
VWIV	63.1%	45.4%	84.8%	45.4%	82.8%
Skew 25d	-0.3%	-1.7%	1.8%	1.1%	-0.9%
Skew 10d	1.0%	-2.4%	4.9%	3.6%	0.5%
Call IV 25d	58.4%	35.5%	67.3%	36.0%	66.8%
Put IV 25d	58.1%	36.7%	67.5%	37.1%	65.9%
Bid-Ask Spread %	5.93	4.47	7.78	7.15	7.78
Gamma HHI	0.08	0.04	0.26	0.07	0.04
Net GEX	25.0M	-14.1M	77.0M	25.6M	13.5M
Net DEX	-2.72B	-3.57B	-1.38B	-2.37B	-2.65B
Net VEX	-9.3M	-10.7M	-7.9M	-8.3M	-10.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.43	1.42	0.62	1.05
Total Volume	44,063.1	20,623	110,354	20,623	43,083
Total OI	316,397.2	285,938	344,512	294,266	344,512

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
2024-02-01	$299.54	$210.00	37.7%	12.9%	37.1%	21.2%	45.4%	1.1%	10.5%	25.6M	-2.37B	-8.3M	0.62	7.15	12,697	7,926	137,303	156,963
2024-02-02	$303.55	$210.00	39.6%	13.1%	37.1%	25.7%	46.3%	1.3%	11.0%	46.5M	-2.60B	-8.3M	0.82	6.24	17,581	14,386	140,767	157,981
2024-02-05	$303.30	$210.00	46.4%	13.7%	37.3%	42.0%	48.6%	1.5%	-1.1%	20.0M	-2.48B	-8.3M	0.87	6.34	13,298	11,564	134,625	151,313
2024-02-06	$301.30	$210.00	49.1%	13.9%	34.0%	48.6%	49.4%	1.8%	-2.3%	18.6M	-2.39B	-8.4M	0.66	6.13	14,874	9,804	137,363	154,285
2024-02-07	$318.63	$210.00	52.3%	14.5%	35.6%	56.4%	51.5%	0.2%	-1.8%	43.2M	-3.14B	-7.9M	0.65	5.95	47,338	30,582	142,521	157,139
2024-02-08	$322.46	$220.00	52.1%	14.4%	34.8%	56.0%	51.7%	-0.4%	-2.1%	44.8M	-3.24B	-8.2M	0.89	6.39	20,456	18,254	149,988	163,066
2024-02-09	$330.75	$220.00	54.6%	15.2%	35.4%	61.9%	54.1%	-0.7%	-2.2%	77.0M	-3.57B	-8.2M	0.56	6.79	43,091	24,115	152,461	169,128
2024-02-12	$322.18	$220.00	58.3%	16.5%	37.3%	70.8%	58.5%	-1.2%	-2.7%	21.3M	-2.87B	-8.9M	0.89	5.39	19,392	17,275	145,646	157,102
2024-02-13	$321.79	$230.00	60.2%	17.1%	37.4%	75.4%	61.1%	-1.1%	-2.9%	20.5M	-2.87B	-9.2M	0.63	6.02	25,712	16,103	151,816	163,963
2024-02-14	$333.38	$230.00	59.7%	17.1%	35.5%	74.3%	60.7%	-1.3%	-2.9%	37.0M	-3.40B	-9.2M	0.43	4.47	32,870	13,981	158,028	167,366
2024-02-15	$330.46	$230.00	60.5%	17.5%	35.3%	76.3%	62.3%	-1.7%	-3.5%	31.9M	-3.23B	-9.6M	0.61	6.04	22,079	13,562	162,235	171,779
2024-02-16	$329.44	$230.00	59.8%	17.5%	35.2%	74.4%	61.6%	-1.6%	-3.8%	41.4M	-3.18B	-9.6M	0.88	5.43	16,687	14,674	164,981	176,796
2024-02-20	$322.91	$230.00	63.2%	19.6%	35.0%	82.9%	69.2%	-0.6%	-3.4%	15.4M	-2.51B	-9.5M	0.90	4.75	20,283	18,171	141,788	150,744
2024-02-21	$292.23	$240.00	65.5%	20.5%	50.8%	88.2%	72.6%	1.0%	-2.0%	-14.1M	-1.38B	-10.1M	0.95	4.78	56,613	53,741	147,737	158,823
2024-02-22	$311.51	$240.00	63.4%	20.1%	55.6%	83.3%	70.6%	-0.1%	-3.2%	11.8M	-2.34B	-10.2M	0.74	5.71	35,780	26,483	161,323	171,320
2024-02-23	$312.73	$245.00	61.1%	19.6%	54.9%	77.8%	70.6%	0.1%	-3.3%	5.7M	-2.38B	-10.3M	1.00	4.47	23,846	23,796	164,909	177,017
2024-02-26	$321.63	$250.00	64.6%	22.2%	55.2%	87.7%	78.5%	-0.9%	-4.5%	13.0M	-2.56B	-10.3M	0.71	5.55	22,333	15,784	150,412	168,399
2024-02-27	$321.45	$250.00	65.4%	22.9%	54.3%	90.2%	81.7%	-1.6%	-4.8%	13.8M	-2.60B	-10.4M	0.74	6.50	21,633	16,008	155,458	173,839
2024-02-28	$320.19	$250.00	65.2%	23.3%	54.4%	90.1%	84.8%	-1.0%	-4.0%	12.2M	-2.53B	-10.7M	1.42	6.65	10,508	14,899	158,631	178,417
2024-02-29	$323.14	$250.00	64.2%	23.5%	53.4%	89.4%	82.8%	-0.9%	-5.3%	13.5M	-2.65B	-10.7M	1.05	7.78	21,016	22,067	159,611	184,901