CRWD Options History — January 2026

In January 2026, CRWD traded between $439.75 and $480.00. ATM implied volatility averaged 36.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 7.0% (HV 20d: 29.9%). Max pain ranged from $420.00 to $480.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.80.

Notable Days

2026-01-02: Highest Volume — 60,966 contracts
2026-01-20: Largest IV spike — 9.3% change
2026-01-30: Highest IV Rank — 24.7%
2026-01-29: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$459.01	$439.75	$480.00	$454.26	$439.75
Max Pain	$473.00	$420.00	$480.00	$420.00	$470.00
ATM IV	36.9%	33.1%	42.9%	33.1%	42.9%
Expected Move	10.4%	9.3%	11.7%	9.3%	11.5%
HV 20d	29.9%	23.7%	38.1%	23.7%	38.0%
HV 60d	29.9%	28.7%	31.2%	31.1%	31.0%
IV Rank	11.8%	3.5%	24.7%	3.5%	24.7%
IV Percentile	23.5%	2.0%	47.2%	2.0%	47.2%
Term Structure	1.5%	-1.5%	7.9%	0.8%	6.1%
VWIV	36.6%	33.0%	40.8%	33.0%	39.9%
Skew 25d	2.3%	0.4%	3.7%	2.3%	1.9%
Skew 10d	5.5%	1.9%	13.2%	3.1%	6.7%
Call IV 25d	35.7%	31.9%	39.5%	31.9%	39.2%
Put IV 25d	38.0%	34.1%	42.5%	34.1%	41.1%
Bid-Ask Spread %	48.01	24.22	59.14	51.33	41.38
Gamma HHI	0.04	0.03	0.11	0.11	0.06
Net GEX	-7.8M	-74.7M	45.8M	-74.7M	-28.3M
Net DEX	-1.58B	-2.91B	-494.7M	-796.9M	-494.7M
Net VEX	-22.8M	-23.8M	-20.8M	-20.8M	-23.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.55	1.56	0.96	0.92
Total Volume	39,339.25	24,539	60,966	60,966	30,415
Total OI	358,462.75	298,499	416,502	377,547	340,766

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
2026-01-02	$454.26	$420.00	33.1%	9.3%	23.7%	3.5%	33.0%	2.3%	0.8%	-74.7M	-796.9M	-20.8M	0.96	51.33	31,079	29,887	174,142	203,405
2026-01-05	$457.17	$480.00	34.7%	9.8%	24.1%	7.0%	34.3%	1.8%	-0.1%	-24.4M	-1.40B	-21.2M	0.65	52.50	20,009	12,935	168,581	197,672
2026-01-06	$459.22	$480.00	33.6%	9.6%	24.3%	4.8%	33.8%	3.6%	1.1%	-19.4M	-1.50B	-21.4M	0.66	53.44	18,893	12,429	174,629	201,765
2026-01-07	$480.00	$480.00	35.7%	9.9%	29.7%	9.3%	35.2%	2.2%	1.0%	43.8M	-2.91B	-22.4M	0.68	53.66	34,771	23,480	182,848	204,154
2026-01-08	$464.89	$480.00	36.2%	10.1%	30.8%	10.2%	35.6%	1.0%	-1.0%	-7.0M	-1.95B	-22.4M	0.78	56.87	22,684	17,640	189,260	208,481
2026-01-09	$471.50	$480.00	34.6%	9.8%	31.5%	6.9%	34.6%	2.2%	0.7%	-8.6M	-2.44B	-22.9M	0.63	53.71	21,928	13,909	194,803	212,593
2026-01-12	$466.99	$480.00	35.4%	9.8%	31.6%	8.5%	34.9%	3.6%	-1.0%	6.4M	-2.21B	-22.7M	0.55	53.36	19,808	10,946	184,575	201,151
2026-01-13	$467.12	$480.00	35.6%	10.0%	31.2%	9.0%	35.4%	1.3%	-0.5%	8.3M	-2.30B	-23.0M	0.59	59.14	20,502	12,117	190,833	206,176
2026-01-14	$460.14	$480.00	37.1%	10.5%	29.6%	12.2%	36.8%	2.8%	-0.3%	-12.0M	-1.91B	-23.1M	0.81	58.17	26,909	21,838	195,841	209,109
2026-01-15	$453.50	$480.00	38.4%	10.6%	29.8%	15.0%	36.7%	2.5%	-1.5%	-37.4M	-1.61B	-23.1M	1.56	57.96	20,569	32,018	200,935	211,276
2026-01-16	$454.50	$480.00	36.9%	10.5%	27.5%	11.8%	36.6%	2.2%	-0.9%	-39.9M	-1.79B	-23.1M	0.85	50.33	28,480	24,166	204,107	212,395
2026-01-20	$442.96	$480.00	40.3%	11.5%	28.4%	19.1%	40.6%	3.7%	0.1%	-15.9M	-682.0M	-22.8M	0.79	39.27	15,425	12,115	153,033	145,466
2026-01-21	$445.38	$470.00	37.7%	10.8%	27.9%	13.5%	38.5%	2.7%	0.6%	-16.6M	-816.4M	-22.9M	0.78	44.03	19,753	15,434	156,016	150,090
2026-01-22	$452.13	$470.00	36.8%	10.5%	28.7%	11.4%	36.3%	2.2%	0.0%	-2.3M	-1.11B	-23.0M	0.66	24.22	16,416	10,777	160,913	154,868
2026-01-23	$453.57	$470.00	35.6%	10.1%	28.7%	8.9%	36.7%	3.6%	0.7%	2.7M	-1.21B	-23.2M	1.05	44.54	13,630	14,349	164,396	156,939
2026-01-26	$469.31	$470.00	37.4%	10.3%	31.5%	12.8%	36.7%	2.7%	4.1%	25.2M	-1.80B	-23.5M	0.63	41.46	22,024	13,910	152,769	146,339
2026-01-27	$474.18	$470.00	37.0%	10.5%	31.6%	11.9%	37.9%	2.0%	6.4%	45.8M	-2.17B	-23.8M	0.78	40.53	23,205	18,162	160,176	151,447
2026-01-28	$470.81	$470.00	38.1%	10.7%	31.5%	14.4%	37.9%	0.4%	5.1%	36.2M	-2.00B	-23.7M	0.83	47.35	13,395	11,144	164,827	156,300
2026-01-29	$442.88	$470.00	41.6%	11.7%	38.1%	21.9%	40.8%	1.8%	7.9%	-37.5M	-503.3M	-23.1M	0.82	37.02	32,809	26,825	168,131	158,048
2026-01-30	$439.75	$470.00	42.9%	11.5%	38.0%	24.7%	39.9%	1.9%	6.1%	-28.3M	-494.7M	-23.4M	0.92	41.38	15,804	14,611	177,581	163,185