CRWD Options History — February 2026

In February 2026, CRWD traded between $348.19 and $438.57. ATM implied volatility averaged 58.5%, placing in the 58.0% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 2.9% (HV 20d: 55.6%). Max pain ranged from $410.00 to $470.00. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.92.

Notable Days

  • 2026-02-23: Highest Volume — 126,058 contracts
  • 2026-02-03: Largest IV spike — 16.2% change
  • 2026-02-23: Highest IV Rank — 75.9%
  • 2026-02-23: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$399.02$348.19$438.57$438.57$368.42
Max Pain$438.82$410.00$470.00$470.00$410.00
ATM IV58.5%47.1%66.8%47.1%58.9%
Expected Move16.3%11.4%19.7%11.4%17.7%
HV 20d55.6%36.0%74.8%36.0%73.1%
HV 60d39.8%30.6%49.1%30.6%49.1%
IV Rank58.0%33.7%75.9%33.7%58.9%
IV Percentile93.2%57.9%98.8%57.9%95.2%
Term Structure-1.8%-3.6%-0.0%-0.4%-1.2%
VWIV57.1%40.3%69.3%40.3%62.8%
Skew 25d5.9%3.0%8.3%3.0%8.3%
Skew 10d12.9%4.0%28.0%28.0%10.2%
Call IV 25d56.2%46.5%63.7%46.5%55.9%
Put IV 25d62.2%49.5%70.0%49.5%64.2%
Bid-Ask Spread %47.6338.2857.6542.1838.70
Gamma HHI0.030.020.080.030.05
Net GEX-2.4M-35.9M55.0M-11.5M-10.3M
Net DEX-12.9M-1.25B1.21B-651.3M252.9M
Net VEX-22.8M-24.5M-19.7M-23.2M-23.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.411.890.870.64
Total Volume53,115.26320,417126,05820,41751,545
Total OI356,565311,247404,552311,247404,552

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$438.57$470.0047.1%11.4%36.0%33.7%40.3%3.0%-0.4%-11.5M-651.3M-23.2M0.8742.1810,9409,477159,854151,393
2026-02-03$421.63$467.5054.8%13.2%38.2%50.0%45.6%5.6%-0.0%-21.7M-8.3M-22.7M1.0539.6320,78721,816163,238154,341
2026-02-04$416.87$460.0058.6%14.2%38.2%58.4%49.4%5.4%-1.7%-21.5M133.7M-22.8M0.8343.0724,11820,093168,117160,108
2026-02-05$377.85$450.0065.9%17.7%46.5%74.0%61.5%3.4%-2.4%-20.7M1.18B-20.7M1.6347.6627,64745,127176,017165,151
2026-02-06$395.27$440.0060.7%16.2%50.0%62.7%57.3%7.4%-1.3%-17.9M539.6M-22.0M1.0749.4540,18042,999186,597172,219
2026-02-09$408.24$440.0057.9%15.9%51.4%56.7%54.8%8.0%-1.1%-4.6M-156.6M-23.2M0.8741.0919,07016,573177,799161,148
2026-02-10$415.56$440.0057.2%15.9%52.2%55.3%54.9%5.5%-2.8%6.3M-481.9M-23.7M0.6851.5114,87910,173184,195165,596
2026-02-11$415.29$440.0056.1%15.5%52.2%52.8%54.5%6.9%-2.5%6.2M-425.4M-23.7M0.6450.3814,0709,036188,096168,840
2026-02-12$411.38$440.0058.3%16.3%52.1%57.6%56.3%4.8%-1.7%4.2M-334.0M-23.6M1.8854.5016,05630,186192,001170,573
2026-02-13$428.08$440.0057.3%15.9%54.4%55.4%55.8%4.9%-3.2%55.0M-1.25B-24.5M0.5252.8532,59516,815195,639173,088
2026-02-17$413.02$440.0058.3%16.6%55.6%57.6%59.1%5.3%-1.3%-6.4M-332.4M-23.4M0.7456.3524,39018,092183,054163,351
2026-02-18$417.39$440.0054.3%15.6%55.2%49.0%55.9%5.7%-0.9%3.4M-590.9M-23.7M0.6855.7219,22913,151192,653169,180
2026-02-19$420.69$440.0056.7%16.4%55.3%54.1%55.7%6.1%-2.1%8.2M-763.2M-23.9M1.8957.6512,24523,134195,208171,000
2026-02-20$390.33$440.0058.3%16.9%60.4%57.5%58.1%6.2%-2.4%-35.9M492.3M-22.1M1.0657.3651,28954,451198,734171,750
2026-02-23$348.19$440.0066.8%19.7%71.1%75.9%69.3%6.8%-2.3%-15.6M1.21B-19.7M0.7838.2870,72555,333174,893154,974
2026-02-24$349.34$420.0063.5%19.0%69.2%68.8%66.2%4.9%-3.6%-2.4M990.3M-21.3M0.6741.0937,22124,901202,914171,484
2026-02-25$363.28$410.0061.7%18.7%71.3%64.9%63.6%7.2%-1.5%11.1M426.5M-22.7M0.4143.8831,05612,827211,576177,738
2026-02-26$382.05$410.0059.2%17.9%74.8%59.6%62.7%7.2%-1.5%28.6M-477.4M-24.0M0.6343.6441,11625,848218,184179,480
2026-02-27$368.42$410.0058.9%17.7%73.1%58.9%62.8%8.3%-1.2%-10.3M252.9M-23.1M0.6438.7031,40120,144221,962182,590