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

Analyze the complete CRWV 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 CRWV.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
93
Exp: 2026-02-06
Gamma Flip
84.89
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.818
Shows put vs call positioning
IV Skew
-6.63
Put–call IV difference
Max Pain Price Volatility
σ = 21.82
high volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.36(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for CRWV are at 87.64, 84.86, and 64.96, while the resistance levels are at 92.26, 95.04, and 114.94. The pivot point, a key reference price for traders, is at 93.00.

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 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 4.13% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 86.09 93.32 , corresponding to +3.75% / -4.29% .

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 94.34 (4.88% above spot).

Bearish positioning points to downside pressure toward 84.75 (5.79% below spot).


Options flow strength: 0.82 (0–1 scale). ATM Strike: 90.00, Call: 0.58, Put: 3.13, Straddle Cost: 3.71.


Price moves are likely to stay range-bound. The short-term gamma flip is near 88.82 , with intermediate positioning around 84.89 . The mid-term gamma flip remains near 85.55.