CRWV Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $88.3 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.86

1.2M P / 1.4M C

Put/Call (Volume)

0.59

72k P / 121k C that session

30d ATM IV

71%

annualized implied move

Call wall

$110

111k contracts

Put wall

$70

127k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $110 (111k contracts), 25% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $70 (127k contracts), 21% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 71% — the market prices very large moves; option premium is expensive.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-02	99k	63k	0.64	60k
2026-10-09	51k	28k	0.56	30k
2026-10-16	217k	169k	0.77	29k
2026-10-23	145k	28k	0.19	10k
2026-10-30	16k	29k	1.88	7k
2026-11-06	2k	3k	1.47	2k
2026-11-13	0	0	—	300
2026-11-20	83k	91k	1.10	12k
2026-12-18	90k	97k	1.08	7k
2027-01-15	230k	184k	0.80	16k
2027-02-19	19k	19k	0.98	834
2027-03-19	69k	53k	0.77	5k
2027-04-16	6k	13k	2.17	621
2027-06-17	71k	109k	1.53	2k
2027-09-17	24k	20k	0.86	649
2027-12-17	32k	40k	1.26	306
2028-01-21	141k	86k	0.61	10k
2028-06-16	29k	45k	1.54	71
2028-12-15	63k	104k	1.66	1k
2029-01-19	3k	7k	2.52	272

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.