CRWD Options History — July 2025

In July 2025, CRWD traded between $457.45 and $511.88. ATM implied volatility averaged 38.5%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 8.6% (HV 20d: 29.9%). Max pain ranged from $430.00 to $465.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.67.

Notable Days

2025-07-10: Highest Volume — 61,785 contracts
2025-07-28: Largest IV spike — 14.0% change
2025-07-31: Highest IV Rank — 36.3%
2025-07-07: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$479.86	$457.45	$511.88	$492.73	$457.45
Max Pain	$445.23	$430.00	$465.00	$460.00	$450.00
ATM IV	38.5%	35.6%	48.9%	37.2%	48.9%
Expected Move	10.5%	9.8%	11.0%	10.4%	10.8%
HV 20d	29.9%	25.9%	32.7%	31.6%	27.1%
HV 60d	38.6%	32.9%	52.6%	52.6%	32.9%
IV Rank	13.5%	7.3%	36.3%	10.8%	36.3%
IV Percentile	23.8%	9.1%	59.9%	19.4%	59.9%
Term Structure	2.1%	-2.7%	8.6%	-0.2%	-1.4%
VWIV	37.1%	34.4%	39.4%	36.9%	37.9%
Skew 25d	2.9%	1.0%	7.2%	2.6%	5.2%
Skew 10d	8.7%	-13.9%	25.7%	9.0%	2.4%
Call IV 25d	37.3%	32.1%	47.3%	35.8%	47.3%
Put IV 25d	40.2%	36.4%	52.5%	38.4%	52.5%
Bid-Ask Spread %	50.18	33.65	61.02	33.65	49.88
Gamma HHI	0.04	0.03	0.08	0.04	0.03
Net GEX	27.3M	-43.8M	107.5M	42.5M	-5.4M
Net DEX	-3.16B	-5.11B	-2.07B	-3.90B	-2.07B
Net VEX	-22.6M	-23.3M	-22.3M	-23.2M	-22.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.44	1.21	0.72	0.63
Total Volume	38,729.727	23,209	61,785	55,072	27,612
Total OI	381,592	350,730	414,940	370,449	382,960

Daily Data (22 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
2025-07-01	$492.73	$460.00	37.2%	10.4%	31.6%	10.8%	36.9%	2.6%	-0.2%	42.5M	-3.90B	-23.2M	0.72	33.65	31,962	23,110	176,089	194,360
2025-07-02	$494.61	$465.00	37.3%	10.1%	30.8%	11.1%	35.7%	2.4%	0.8%	43.5M	-4.01B	-23.3M	0.89	37.48	15,697	13,893	180,601	201,600
2025-07-03	$511.88	$430.00	36.1%	10.5%	25.9%	8.3%	38.0%	2.5%	0.8%	107.5M	-5.11B	-22.5M	0.70	52.13	34,343	24,137	181,861	203,102
2025-07-07	$503.31	$430.00	37.5%	11.0%	27.0%	11.3%	39.4%	3.3%	0.8%	56.2M	-4.27B	-22.6M	1.21	49.34	17,464	21,109	170,860	192,499
2025-07-08	$506.18	$440.00	37.0%	10.7%	27.0%	10.2%	39.2%	1.5%	0.3%	65.5M	-4.43B	-22.7M	0.69	52.89	13,942	9,568	175,764	200,435
2025-07-09	$511.68	$440.00	35.9%	10.2%	26.9%	7.9%	36.7%	2.4%	0.1%	90.5M	-4.76B	-22.4M	0.84	51.65	12,792	10,750	178,904	202,838
2025-07-10	$490.23	$440.00	36.9%	10.7%	31.7%	10.0%	38.0%	2.9%	0.7%	654.9K	-3.45B	-22.5M	0.60	52.79	38,506	23,279	180,773	204,825
2025-07-11	$478.24	$440.00	35.6%	10.6%	32.7%	7.3%	37.5%	2.5%	3.4%	-43.8M	-2.73B	-22.6M	0.57	54.89	39,121	22,295	193,665	210,404
2025-07-14	$475.24	$440.00	37.0%	10.6%	32.6%	10.2%	37.5%	2.1%	1.8%	11.0M	-2.86B	-22.8M	0.44	53.92	35,979	15,969	179,082	201,750
2025-07-15	$474.31	$450.00	37.1%	10.7%	32.6%	10.6%	37.5%	2.3%	0.9%	19.6M	-2.86B	-22.8M	0.58	57.76	22,668	13,236	188,765	206,686
2025-07-16	$471.59	$440.00	36.6%	10.5%	32.6%	9.4%	37.1%	2.4%	0.5%	10.6M	-2.73B	-22.7M	0.67	56.99	24,074	16,058	193,517	208,901
2025-07-17	$469.74	$440.00	35.7%	10.2%	31.1%	7.5%	36.3%	2.7%	0.6%	1.5M	-2.61B	-22.8M	0.62	60.12	22,140	13,748	197,576	213,010
2025-07-18	$475.85	$440.00	35.7%	10.3%	31.3%	7.4%	36.4%	2.4%	-0.4%	50.2M	-3.15B	-22.6M	0.72	61.02	25,811	18,548	201,379	213,561
2025-07-21	$479.83	$440.00	37.6%	10.7%	30.9%	11.7%	37.8%	2.7%	7.0%	40.0M	-3.13B	-22.5M	0.53	46.62	30,225	15,887	166,327	184,403
2025-07-22	$473.36	$450.00	37.5%	10.6%	29.5%	11.3%	37.0%	2.4%	8.0%	26.4M	-2.80B	-22.8M	0.65	46.43	14,211	9,207	173,691	190,071
2025-07-23	$460.88	$450.00	37.2%	10.5%	30.7%	10.7%	36.9%	3.5%	7.5%	-9.1M	-2.14B	-22.3M	0.73	46.03	26,365	19,238	177,590	192,928
2025-07-24	$462.44	$450.00	38.3%	10.2%	30.4%	13.1%	35.9%	2.2%	8.6%	-8.1M	-2.20B	-22.6M	0.64	44.84	17,076	10,915	182,754	198,648
2025-07-25	$468.66	$450.00	37.7%	9.8%	29.3%	11.9%	34.4%	4.3%	8.2%	41.3M	-2.67B	-22.5M	0.71	46.79	21,744	15,538	185,346	200,460
2025-07-28	$471.50	$450.00	43.0%	10.0%	29.4%	23.4%	35.5%	7.2%	-2.7%	29.3M	-2.80B	-22.4M	0.53	46.49	15,181	8,028	169,431	191,367
2025-07-29	$465.68	$450.00	44.7%	10.5%	28.8%	27.2%	37.1%	1.0%	0.4%	21.3M	-2.54B	-22.4M	0.56	49.17	23,051	12,798	174,803	194,424
2025-07-30	$461.45	$450.00	45.8%	10.6%	27.1%	29.4%	37.1%	2.3%	0.1%	9.7M	-2.31B	-22.6M	0.56	53.03	15,876	8,903	179,119	197,895
2025-07-31	$457.45	$450.00	48.9%	10.8%	27.1%	36.3%	37.9%	5.2%	-1.4%	-5.4M	-2.07B	-22.4M	0.63	49.88	16,939	10,673	182,472	200,488