CRWV Options History — February 2026

In February 2026, CRWV traded between $74.55 and $99.61. ATM implied volatility averaged 114.9%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 32.7%. IV traded above realized volatility by 5.3% (HV 20d: 109.6%). Max pain ranged from $90.00 to $93.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.74.

Notable Days

  • 2026-02-27: Highest Volume — 673,174 contracts
  • 2026-02-04: Largest IV spike — 11.0% change
  • 2026-02-17: Highest IV Rank — 63.6%
  • 2026-02-23: Largest Expected Move — 35.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.70$74.55$99.61$89.34$78.65
Max Pain$90.42$90.00$93.00$92.50$90.00
ATM IV114.9%98.1%122.7%102.4%98.1%
Expected Move32.7%28.3%35.7%28.3%28.5%
HV 20d109.6%87.2%133.5%88.2%133.5%
HV 60d100.6%95.5%111.4%95.7%111.4%
IV Rank54.6%35.2%63.6%40.1%35.2%
IV Percentile84.8%55.7%93.1%71.1%55.7%
Term Structure-4.1%-8.1%5.5%1.0%-3.2%
VWIV113.2%97.0%124.7%97.0%100.0%
Skew 25d11.5%2.8%16.1%2.8%9.9%
Skew 10d19.4%5.4%33.9%10.6%17.3%
Call IV 25d109.1%95.3%119.4%102.5%95.3%
Put IV 25d120.6%105.2%130.6%105.3%105.2%
Bid-Ask Spread %20.1210.1926.6818.0110.19
Gamma HHI0.060.050.080.060.06
Net GEX36.9M-5.1M69.1M21.6M-316.4K
Net DEX-2.10B-3.45B461.0M-1.33B173.7M
Net VEX-24.2M-26.5M-19.3M-22.9M-19.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.421.310.930.94
Total Volume197,754.36897,056673,174140,416673,174
Total OI1,916,523.4211,750,6042,054,2481,750,6042,051,417

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$89.34$92.50102.4%28.3%88.2%40.1%97.0%2.8%1.0%21.6M-1.33B-22.9M0.9318.01N/AN/A72,76167,6551,038,006712,598
2026-02-03$89.70$93.00105.6%29.2%87.2%43.8%101.5%9.0%-3.8%19.5M-1.36B-23.2M0.5514.47N/AN/A79,46543,9591,055,053755,100
2026-02-04$82.79$92.50117.2%31.4%92.5%57.3%106.8%9.8%-5.9%5.2M-457.2M-21.6M0.6720.31N/AN/A81,54854,6401,076,721765,806
2026-02-05$74.55$90.00116.1%32.9%100.2%55.9%111.1%12.9%5.5%-5.1M461.0M-19.3M0.7821.31N/AN/A76,01959,5321,088,344779,158
2026-02-06$89.59$90.00116.0%31.6%119.9%55.9%109.3%8.4%-7.9%21.9M-1.54B-23.1M0.5618.02N/AN/A226,308127,2991,105,441764,328
2026-02-09$96.91$90.00116.1%32.0%122.0%56.0%110.2%14.9%-2.7%51.4M-2.91B-25.7M0.4618.49N/AN/A114,25152,4631,114,968739,871
2026-02-10$95.69$90.00114.8%31.7%114.1%54.5%115.1%8.9%-4.8%51.2M-2.81B-25.8M1.2021.24N/AN/A50,70861,0651,150,682755,581
2026-02-11$94.47$90.00119.1%33.0%113.0%59.5%114.8%13.7%-6.0%48.6M-2.75B-25.8M0.6224.49N/AN/A81,30450,6801,175,461791,195
2026-02-12$95.47$90.00122.5%34.2%112.9%63.4%118.2%14.6%-4.9%55.4M-2.96B-26.5M0.5325.91N/AN/A73,91038,9671,207,827800,936
2026-02-13$94.92$90.00117.8%33.4%109.5%57.9%115.4%7.2%-1.5%63.6M-2.92B-26.2M0.6523.61N/AN/A123,75280,9261,227,871810,575
2026-02-17$90.31$90.00122.7%34.9%108.9%63.6%122.3%10.8%-8.1%34.6M-2.09B-24.4M0.7926.68N/AN/A54,18642,8701,180,117768,834
2026-02-18$95.30$90.00118.1%33.8%108.6%58.3%117.9%11.7%-6.1%51.7M-2.77B-25.3M0.9524.07N/AN/A81,44677,5641,186,420782,579
2026-02-19$97.76$90.00115.9%33.5%108.7%55.8%116.0%10.7%-7.2%69.1M-3.22B-25.7M0.9021.96N/AN/A54,87849,4211,203,026826,570
2026-02-20$88.91$90.00120.0%34.8%114.0%60.5%124.7%12.9%-7.0%20.9M-1.59B-23.5M0.8517.46N/AN/A208,644178,1301,213,243841,005
2026-02-23$90.75$90.00120.9%35.7%114.3%61.5%118.9%15.3%-0.0%30.6M-2.01B-23.9M0.4216.57N/AN/A108,39645,6081,019,385740,599
2026-02-24$98.88$90.00119.3%35.2%115.8%59.8%120.1%16.1%-7.2%47.3M-3.12B-25.7M0.4622.90N/AN/A125,04957,7601,064,540756,961
2026-02-25$99.61$90.00114.4%35.0%109.7%54.1%116.5%13.9%-5.1%55.0M-3.45B-26.2M0.4321.02N/AN/A117,61450,0981,127,608774,549
2026-02-26$98.65$90.00106.6%32.4%109.2%44.9%114.8%14.5%-2.7%58.4M-3.22B-25.8M1.3115.57N/AN/A93,347121,9361,163,422798,148
2026-02-27$78.65$90.0098.1%28.5%133.5%35.2%100.0%9.9%-3.2%-316.4K173.7M-19.8M0.9410.19N/AN/A347,790325,3841,195,202856,215