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CRWD Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete CRWD options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around CRWD.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
405
Exp: 2026-02-06
Gamma Flip
448.93
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.311
Shows put vs call positioning
IV Skew
-4.15
Put–call IV difference
Max Pain Price Volatility
σ = 18.86
high volatility
Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 60%

Current DPI is -0.362(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for CRWD are at 390.17, 383.78, and 348.39, while the resistance levels are at 400.83, 407.22, and 442.61. The pivot point, a key reference price for traders, is at 405.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (0.20), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.88% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 387.90 426.79 , corresponding to +7.91% / -1.92% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 445.90 (12.74% above spot).

Bearish positioning points to downside pressure toward 385.26 (2.59% below spot).


Options flow strength: 0.79 (0–1 scale). ATM Strike: 395.00, Call: 1.24, Put: 6.20, Straddle Cost: 7.44.


Price moves may extend once a direction forms. The short-term gamma flip is near 450.44 , with intermediate positioning around 448.93 . The mid-term gamma flip remains near 449.49.