Ticker Options Intelligence

CRWD options intelligence

Name: Sharemaestro CRWD Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

Crowdstrike Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 31 Jul 2026 Checked 31 Jul 2026 23:47 · partial chain

Call-side pressure

Bullish pressure

CRWD currently carries bullish options pressure with a 48/100 conviction score. The nearest-chain expected move is 4.1%, with volume/open-interest participation at 0.13.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report

Primary read Bullish

Call-side pressure

Expected move 4.1%

Near-term move context

Activity / OI 0.13

Current volume is quieter versus prior open interest

Put-call 0.59

Call-side skew

Trend fit 79

Options agree with trend context

Weekly backdrop +4.1%

RS 37.1

Expected move 4.1%

Put-call volume 0.59

Volume / OI 0.13

Reference IV 0.72

Max pain 183.75

Underlying 183.28

Nearest expiry 31 Jul 2026

Contracts 2000

Research Brief

CRWD has a bullish chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 175.69–190.87; The largest call open-interest concentration is 190.00; the largest put concentration is 177.50. The most active strike by current volume is 190.00.

Priced range175.69–190.87

Call concentration190.00

Put concentration177.50

Max pain reference183.75

What would confirm it

Price holds or improves while call-side concentration remains elevated.
The current chain read already agrees with the stored weekly trend context.

What would weaken it

Price weakens while call pressure fades or reverses toward puts.
Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 31 Jul

Options imply 175.69 to 190.87. Max pain at 183.75 sits inside that range, 0.3% above spot.

Spot Max pain

175.69183.28 ± 7.59190.87

Confirmation level

A close beyond 190.87 or below 175.69 at the 31 Jul expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 48/100

Evidence alignment, not probability

Pressure is 26/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure26 × 42%

+11.1

How strongly activity leans toward calls or puts.

Participation43 × 22%

+9.5

Volume relative to existing open interest and contract-level activity.

Trend agreement79 × 26%

+20.6

How closely the chain read agrees with the underlying trend backdrop.

Volatility67 × 10%

+6.7

The intensity of implied volatility and the priced move.

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 190.00; the largest put concentration is 177.50. The most active strike by current volume is 190.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

1423

160.00-12.7%

1939

170.00-7.2%

2513

177.50-3.2%

171

868

180.00-1.8%

485

565

182.50-0.4%

2145

644

183.750.3%

1943

652

185.000.9%

2524

302

186.251.6%

1200

215

187.502.3%

817

165

188.753.0%

374

673

190.003.7%

5707

191.254.3%

686

684

192.505.0%

1258

307

195.006.4%

1642

200.009.1%

1826

205.0011.9%

1664

210.0014.6%

2137

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.18× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

0.72 31 Jul 0d

0.56 7 Aug 7d

0.57 14 Aug 14d

0.57 21 Aug 21d

0.66 28 Aug 28d

0.65 4 Sep 35d

0.64 18 Sep 49d

0.62 16 Oct 77d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

148

151

154

158

160

164

166

170

173

176

180

183

186

189

193

195

199

201

205

210

218

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-

Moves contained by pricing-

Average expiry move-

Validation readiness

Versioned calculationv2 observations only
Independent entryone read per market session
Point-in-time referencerequired at entry
Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Usable with limits

C59/100

Retained chain41%

Implied volatility100%

Two-sided quotes97%

Open interest98%

Chain status: Retained chain subset
Market date: 31 Jul 2026
Calculation: v2.0
Contracts: 2000 / 4846

41% of provider contracts were retained for this snapshot.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Short-dated OTM call concentration

94/100

Primary intent Short-dated OTM call concentration

Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $87.8M of estimated gross traded notional, calls · 46-90 days · otm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+26

1W price+4.1%

Call premium74%

Put premium26%

Notional split C 74% / P 26% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.

Freshness 0.13 Volume divided by open interest across the visible chain.

Trend fit 79/100 Agreement between options pressure and Sharemaestro market context.

Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.

Conviction clusters Calls · 46-90 days · OTM

Calls · 46-90 days · OTM calls cluster with 4477 contracts traded, $22.8M estimated gross traded notional, and 26% of visible notional.

$22.8M

Calls · 8-21 days · OTM calls cluster with 12315 contracts traded, $14.5M estimated gross traded notional, and 17% of visible notional.

$14.5M

Calls · 0-7 days · OTM calls cluster with 29864 contracts traded, $9.4M estimated gross traded notional, and 11% of visible notional.

$9.4M

Puts · 46-90 days · ITM puts cluster with 2373 contracts traded, $6.5M estimated gross traded notional, and 7% of visible notional.

$6.5M

Puts · 8-21 days · ITM puts cluster with 2364 contracts traded, $5.6M estimated gross traded notional, and 6% of visible notional.

$5.6M

Setup Classification

Opportunity and risk frame

Context, not advice

Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Warming up

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-

Volume/OI rank-

IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly

Close190.86

1W+4.1%

RS37.1

Fair value+97.9%

Options pressure26

Speculation43

Volatility67

Trend fit79

Today Versus Normal

Stored-options context

View history

Expected move 4.1% history building

30d avg - · 3/10 sessions -

90d avg - · 3/30 sessions -

180d avg - · 3/60 sessions -

IV 0.72 history building

30d avg - · 3/10 sessions -

90d avg - · 3/30 sessions -

180d avg - · 3/60 sessions -

Put-call 0.59 history building

30d avg - · 3/10 sessions -

90d avg - · 3/30 sessions -

180d avg - · 3/60 sessions -

Volume/OI 0.13 history building

30d avg - · 3/10 sessions -

90d avg - · 3/30 sessions -

180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

29 Jul 10:00 Mixed

Pressure -6

Move 5.4%

30 Jul 10:00 Volatility

Pressure 17

Move 5.1%

31 Jul 10:00 Bullish

Pressure 34

Move 3.0%

31 Jul 22:47 Bullish

Pressure 26

Move 4.1%

Strike Map

Where activity is clustering

Full strike map

Strike85.00

Calls · V 0 · OI 0

Puts · V 50 · OI 441

Strike86.25

Calls · V 1 · OI 56

Puts · V 6 · OI 80

Strike87.50

Calls · V 0 · OI 0

Puts · V 1 · OI 125

Strike88.75

Calls · V 1 · OI 10

Puts · V 0 · OI 0

Strike90.00

Calls · V 1 · OI 24

Puts · V 16 · OI 53

Strike91.25

Calls · V 0 · OI 0

Puts · V 1 · OI 12

Strike92.50

Calls · V 0 · OI 0

Puts · V 2 · OI 43

Strike93.75

Calls · V 0 · OI 0

Puts · V 11 · OI 55

Term Structure

Expiration activity

Volume and IV

Expiry31 Jul 2026

Contracts428

Avg IV0.72

Put-call0.41

Expiry7 Aug 2026

Contracts229

Avg IV0.56

Put-call0.70

Expiry14 Aug 2026

Contracts58

Avg IV0.57

Put-call0.72

Expiry21 Aug 2026

Contracts354

Avg IV0.57

Put-call0.50

Expiry28 Aug 2026

Contracts64

Avg IV0.66

Put-call0.99

Skew

Call/put IV balance

OTM demand

31 Jul 2026Put IV premium

Call IV0.19

Put IV0.66

Skew0.47

7 Aug 2026Balanced skew

Call IV0.55

Put IV0.59

Skew0.05

14 Aug 2026Balanced skew

Call IV0.57

Put IV0.57

Skew0.00

21 Aug 2026Balanced skew

Call IV0.58

Put IV0.57

Skew-0.01

28 Aug 2026Balanced skew

Call IV0.66

Put IV0.65

Skew-0.01

Contract Tape

Most active contracts

Full contract tape

ContractCRWD260918C00046250

SideCall

Expiry18 Sep 2026

Strike46.25

Volume-

OI-

IV-

ContractCRWD260918C00048750

SideCall

Expiry18 Sep 2026

Strike48.75

Volume-

OI-

IV-

ContractCRWD260821C00047500

SideCall

Expiry21 Aug 2026

Strike47.50

Volume-

OI-

IV-

ContractCRWD260918C00047500

SideCall

Expiry18 Sep 2026

Strike47.50

Volume-

OI-

IV-

ContractCRWD260918C00067500

SideCall

Expiry18 Sep 2026

Strike67.50

Volume-

OI-

IV-

ContractCRWD260904P00260000

SidePut

Expiry4 Sep 2026

Strike260.00

Volume-

OI-

IV0.69

ContractCRWD260821C00062500

SideCall

Expiry21 Aug 2026

Strike62.50

Volume-

OI-

IV-

ContractCRWD260821P00048750

SidePut

Expiry21 Aug 2026

Strike48.75

Volume-

OI-

IV-

CRWD options intelligence

Bullish pressure

CRWD has a bullish chain read with 48/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 48/100

Where open interest and current activity concentrate

Front-loaded volatility

Downside protection premium

How matured reads behaved through expiry

Usable with limits

Short-dated OTM call concentration

Opportunity and risk frame

Warming up

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

Related News

Market Watch

Earnings