CRWD Options History — March 2026

In March 2026, CRWD traded between $369.95 and $441.57. ATM implied volatility averaged 47.8%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded below realized volatility by 14.0% (HV 20d: 61.8%). Max pain ranged from $400.00 to $420.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.76.

Notable Days

2026-03-04: Highest Volume — 127,562 contracts
2026-03-04: Largest IV drop — 16.8% change
2026-03-03: Highest IV Rank — 57.5%
2026-03-03: Largest Expected Move — 18.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$412.81	$369.95	$441.57	$383.09	$389.96
Max Pain	$414.09	$400.00	$420.00	$410.00	$400.00
ATM IV	47.8%	42.4%	58.3%	58.2%	48.0%
Expected Move	13.8%	9.9%	18.5%	18.2%	13.8%
HV 20d	61.8%	44.1%	77.9%	75.1%	48.5%
HV 60d	51.9%	49.3%	55.1%	49.3%	55.1%
IV Rank	35.1%	23.6%	57.5%	57.5%	35.5%
IV Percentile	60.6%	46.4%	93.3%	92.9%	59.9%
Term Structure	-0.4%	-4.1%	2.0%	-2.1%	-0.2%
VWIV	48.4%	42.7%	64.9%	63.4%	48.3%
Skew 25d	6.0%	3.8%	9.5%	6.2%	9.5%
Skew 10d	9.6%	1.0%	15.2%	9.3%	8.8%
Call IV 25d	45.0%	40.1%	55.3%	55.0%	43.3%
Put IV 25d	51.0%	44.8%	61.1%	61.1%	52.8%
Bid-Ask Spread %	28.02	14.47	44.42	38.45	22.16
Gamma HHI	0.04	0.02	0.17	0.03	0.03
Net GEX	31.4M	-49.6M	143.3M	11.9M	9.5M
Net DEX	-1.34B	-2.81B	670.0M	-403.9M	-363.7M
Net VEX	-25.1M	-27.1M	-22.1M	-24.1M	-23.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.49	1.10	0.52	0.61
Total Volume	46,485.455	23,774	127,562	41,877	29,641
Total OI	385,913.091	324,654	457,634	361,370	359,418

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
2026-03-02	$383.09	$410.00	58.2%	18.2%	75.1%	57.5%	63.4%	6.2%	-2.1%	11.9M	-403.9M	-24.1M	0.52	38.45	27,467	14,410	195,560	165,810
2026-03-03	$391.50	$400.00	58.3%	18.5%	75.8%	57.5%	64.9%	5.9%	-4.1%	22.5M	-784.9M	-24.8M	0.85	36.09	54,049	45,904	206,837	171,004
2026-03-04	$407.44	$400.00	48.5%	14.4%	76.3%	36.6%	50.3%	5.7%	-2.3%	58.9M	-1.50B	-25.6M	0.69	35.32	75,350	52,212	231,984	196,379
2026-03-05	$425.91	$410.00	49.3%	13.4%	77.9%	38.4%	47.8%	4.9%	-0.5%	96.2M	-2.61B	-27.0M	0.58	41.06	56,828	32,802	239,488	203,424
2026-03-06	$429.30	$420.00	50.0%	14.1%	68.5%	39.8%	49.5%	4.0%	-3.3%	143.3M	-2.81B	-27.1M	0.91	43.22	35,430	32,373	246,696	210,938
2026-03-09	$432.16	$420.00	49.6%	14.0%	67.0%	39.0%	50.1%	7.9%	1.4%	43.7M	-2.20B	-27.0M	0.67	38.92	22,674	15,274	212,645	177,012
2026-03-10	$435.77	$420.00	47.9%	13.5%	66.2%	35.3%	48.1%	4.0%	-0.6%	49.1M	-2.35B	-26.8M	0.66	41.56	19,420	12,741	217,263	180,857
2026-03-11	$441.28	$420.00	47.0%	13.3%	66.1%	33.4%	46.3%	5.8%	-0.8%	63.6M	-2.68B	-26.9M	0.60	44.42	20,905	12,463	221,650	183,874
2026-03-12	$441.57	$420.00	47.1%	17.1%	66.0%	33.7%	49.0%	3.8%	0.8%	72.0M	-2.75B	-27.0M	0.88	17.07	13,470	11,908	225,584	187,002
2026-03-13	$439.45	$420.00	46.2%	9.9%	66.0%	31.8%	47.2%	5.0%	-0.2%	64.7M	-2.61B	-26.6M	0.72	20.37	21,964	15,738	228,147	190,044
2026-03-16	$425.63	$420.00	43.4%	12.4%	65.6%	25.7%	43.2%	4.7%	2.0%	30.6M	-1.58B	-25.3M	0.74	20.13	22,714	16,911	205,840	174,563
2026-03-17	$431.62	$420.00	42.4%	12.2%	64.4%	23.6%	42.7%	4.7%	0.9%	40.0M	-1.86B	-25.5M	0.86	20.33	14,631	12,579	209,860	180,567
2026-03-18	$436.40	$420.00	42.6%	12.2%	64.4%	24.0%	42.7%	5.1%	0.2%	53.8M	-2.14B	-25.5M	0.77	27.88	13,453	10,321	213,063	183,059
2026-03-19	$426.91	$420.00	42.6%	12.2%	64.9%	24.1%	43.1%	4.7%	0.4%	28.3M	-1.63B	-25.3M	1.10	24.13	13,854	15,194	215,129	185,214
2026-03-20	$406.18	$420.00	45.5%	13.1%	61.6%	30.2%	45.1%	5.9%	1.7%	-17.7M	-547.5M	-24.2M	0.95	23.15	26,503	25,063	217,889	186,693
2026-03-23	$416.75	$420.00	43.8%	12.6%	44.1%	26.5%	43.2%	9.3%	-0.4%	13.3M	-994.2M	-24.3M	0.49	14.47	17,021	8,411	170,950	153,704
2026-03-24	$395.26	$420.00	46.5%	13.7%	49.3%	32.3%	47.7%	7.1%	-0.8%	-4.3M	-293.6M	-23.3M	1.01	18.95	19,191	19,323	177,106	155,965
2026-03-25	$384.46	$410.00	46.6%	13.5%	49.0%	32.6%	45.9%	5.9%	0.9%	-20.5M	172.1M	-22.7M	0.69	21.52	16,197	11,168	181,855	164,046
2026-03-26	$392.33	$410.00	46.6%	13.5%	46.3%	32.6%	47.0%	6.7%	0.9%	-15.0M	-153.1M	-23.4M	0.78	23.74	16,644	12,921	186,366	166,932
2026-03-27	$369.95	$410.00	50.4%	14.7%	49.3%	40.8%	49.2%	7.4%	-1.8%	-49.6M	670.0M	-22.1M	0.92	22.68	37,774	34,660	192,414	169,165
2026-03-30	$378.80	$400.00	50.7%	14.4%	47.9%	41.3%	51.0%	8.2%	0.1%	-2.9M	42.5M	-23.0M	0.63	20.72	21,494	13,630	186,825	161,267
2026-03-31	$389.96	$400.00	48.0%	13.8%	48.5%	35.5%	48.3%	9.5%	-0.2%	9.5M	-363.7M	-23.6M	0.61	22.16	18,355	11,286	193,710	165,708