CRWV Options History — January 2026

In January 2026, CRWV traded between $77.25 and $109.06. ATM implied volatility averaged 92.1%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded below realized volatility by 9.1% (HV 20d: 101.3%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.66.

Notable Days

2026-01-27: Highest Volume — 406,481 contracts
2026-01-06: Largest IV spike — 10.1% change
2026-01-29: Highest IV Rank — 40.8%
2026-01-30: Largest Expected Move — 28.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$90.71	$77.25	$109.06	$80.18	$93.83
Max Pain	$87.88	$80.00	$90.00	$80.00	$90.00
ATM IV	92.1%	82.0%	103.0%	84.3%	100.9%
Expected Move	26.4%	23.9%	28.0%	23.9%	28.0%
HV 20d	101.3%	83.0%	117.9%	114.5%	94.8%
HV 60d	92.6%	88.5%	96.8%	90.8%	96.4%
IV Rank	28.2%	16.5%	40.8%	19.2%	38.4%
IV Percentile	46.2%	17.7%	71.9%	26.4%	69.4%
Term Structure	2.4%	-3.3%	10.7%	0.2%	-3.2%
VWIV	92.5%	84.6%	97.5%	84.6%	97.5%
Skew 25d	5.8%	2.1%	10.4%	3.7%	6.4%
Skew 10d	12.7%	6.8%	30.1%	10.5%	20.4%
Call IV 25d	89.3%	81.3%	100.6%	81.3%	100.6%
Put IV 25d	95.1%	85.0%	107.0%	85.0%	107.0%
Bid-Ask Spread %	20.80	12.06	26.01	12.06	19.98
Gamma HHI	0.08	0.04	0.37	0.10	0.05
Net GEX	37.8M	6.3M	102.0M	33.6M	25.2M
Net DEX	-1.98B	-4.36B	-347.3M	-897.0M	-1.92B
Net VEX	-21.9M	-25.7M	-18.6M	-19.5M	-24.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.66	0.43	1.15	0.69	0.82
Total Volume	221,571.15	90,115	406,481	247,245	224,103
Total OI	1,819,878.25	1,505,928	2,071,713	1,873,427	1,910,076

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-01-02	$80.18	$80.00	84.3%	23.9%	114.5%	19.2%	84.6%	3.7%	0.2%	33.6M	-897.0M	-19.5M	0.69	12.06	N/A	N/A	145,870	101,375	1,124,676	748,751
2026-01-05	$77.78	$87.50	82.0%	26.0%	110.0%	16.5%	91.6%	6.8%	10.7%	10.2M	-451.9M	-18.8M	0.64	22.77	N/A	N/A	73,590	47,015	1,095,208	727,496
2026-01-06	$77.53	$87.50	90.3%	26.4%	109.5%	26.1%	92.4%	5.2%	-2.0%	8.8M	-411.2M	-18.7M	0.69	25.12	N/A	N/A	76,465	52,902	1,110,664	747,177
2026-01-07	$77.25	$85.00	89.4%	26.3%	109.4%	25.1%	93.4%	4.0%	1.7%	9.0M	-411.1M	-18.7M	0.69	24.31	N/A	N/A	53,178	36,937	1,127,921	763,293
2026-01-08	$77.28	$85.00	89.5%	26.2%	107.3%	25.1%	91.4%	4.5%	3.8%	6.3M	-347.3M	-18.6M	1.15	23.76	N/A	N/A	67,171	76,972	1,133,161	773,198
2026-01-09	$80.44	$85.00	86.3%	25.5%	108.4%	21.5%	94.9%	4.8%	-0.9%	26.5M	-733.3M	-19.2M	0.86	20.54	N/A	N/A	122,477	105,024	1,144,535	786,980
2026-01-12	$91.27	$85.00	88.7%	26.2%	117.9%	24.2%	91.5%	4.5%	2.2%	40.2M	-2.12B	-21.4M	0.47	15.93	N/A	N/A	243,279	113,547	1,105,436	772,938
2026-01-13	$87.41	$87.50	87.9%	26.3%	112.6%	23.3%	91.3%	2.1%	3.9%	35.5M	-1.67B	-21.4M	0.63	21.61	N/A	N/A	74,639	47,323	1,176,018	811,441
2026-01-14	$89.03	$87.50	91.2%	27.0%	107.8%	27.1%	93.2%	4.8%	4.9%	39.9M	-1.91B	-21.7M	0.54	26.01	N/A	N/A	100,135	54,252	1,184,906	820,807
2026-01-15	$96.17	$87.50	91.6%	26.6%	107.9%	27.6%	93.1%	8.0%	3.0%	69.9M	-3.13B	-22.9M	0.66	20.40	N/A	N/A	229,863	150,888	1,199,206	830,666
2026-01-16	$101.38	$90.00	89.7%	25.7%	104.8%	25.4%	89.9%	7.0%	0.3%	102.0M	-4.06B	-23.7M	0.55	23.38	N/A	N/A	220,081	120,390	1,218,627	853,086
2026-01-20	$95.11	$90.00	92.9%	26.5%	108.7%	29.1%	95.2%	6.4%	3.1%	37.6M	-2.29B	-22.6M	1.02	19.50	N/A	N/A	81,109	83,136	891,351	614,577
2026-01-21	$93.22	$90.00	93.8%	26.9%	85.1%	30.2%	94.1%	5.5%	8.1%	31.6M	-1.96B	-22.4M	0.66	19.19	N/A	N/A	105,632	69,751	911,179	658,981
2026-01-22	$92.56	$90.00	93.4%	26.5%	85.1%	29.6%	91.3%	6.5%	8.6%	32.6M	-1.94B	-22.2M	0.54	17.32	N/A	N/A	77,659	41,756	927,941	686,830
2026-01-23	$92.11	$90.00	93.3%	26.4%	83.0%	29.5%	91.2%	5.3%	4.4%	28.9M	-1.89B	-22.1M	0.50	22.03	N/A	N/A	147,404	73,684	943,472	699,808
2026-01-26	$98.69	$90.00	98.4%	26.8%	85.1%	35.5%	92.9%	10.4%	1.9%	46.5M	-2.74B	-23.3M	0.59	20.73	N/A	N/A	230,213	136,065	919,118	649,084
2026-01-27	$109.06	$90.00	97.6%	26.1%	88.9%	34.5%	91.3%	6.7%	0.1%	69.0M	-4.36B	-25.1M	0.43	15.40	N/A	N/A	283,347	123,134	965,917	706,645
2026-01-28	$105.33	$90.00	98.4%	26.9%	90.2%	35.4%	94.5%	7.2%	1.4%	62.6M	-3.80B	-25.7M	0.53	23.77	N/A	N/A	146,266	77,765	1,052,443	751,141
2026-01-29	$98.48	$90.00	103.0%	27.6%	94.5%	40.8%	94.3%	6.6%	-3.3%	39.5M	-2.63B	-24.9M	0.57	22.20	N/A	N/A	138,263	78,763	1,090,410	762,401
2026-01-30	$93.83	$90.00	100.9%	28.0%	94.8%	38.4%	97.5%	6.4%	-3.2%	25.2M	-1.92B	-24.3M	0.82	19.98	N/A	N/A	123,353	100,750	1,119,464	790,612