Data through close

CRWV max pain, gamma exposure (GEX) & options open interest

As of close

CRWV max pain · nearest expiration

60.00 for

12.9% above the 53.13 close

All-expiration max pain 70.00

Net GEX -30.24M (negative 1 session) GEX flip 58.52 (10.1% above) Put/call OI 1.10

CRWV close vs max pain · last 60 sessions
53.13 60.00 MP net GEX Aug 21 Nov 13 53.13 60.00 MP net GEX Aug 21 Nov 13

Over the last 60 sessions to Nov 13, 2026, CRWV closed between 43.66 and 99.83; nearest-expiration max pain ranged from 50.00 to 95.00. Latest max pain 60.00 for the Fri, Nov 20, 2026 expiration. 2 of 13 expirations in view closed nearer the prior-session max pain than the prior close.

  • Close
  • Max pain (nearest expiration)
  • All-expiration max pain
  • Expiry close nearer max pain
  • nearer prior close

Markers sit on expiration sessions and compare that close with the prior session's max pain and close. Bars show net GEX, calls positive and puts negative. Descriptive history, not a forecast.

Over the past 252 sessions, CRWV's expiration-day close was nearer the prior session's max pain than the prior close on 19 of 53 expirations (36%). Expiration record

CRWV's nearest-expiration max pain is 60.00 for the Fri, Nov 20, 2026 expiration, 12.9% above the 53.13 close; all-expiration max pain is 70.00; the GEX flip is 58.52; net GEX is -30.24M (modeled dollar-delta change per $1 move); the put/call open-interest ratio is 1.10. These are whole-chain derived aggregates as of Nov 13, 2026 close.

CRWV max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
60.00
+12.9% from close
Expiry: Fri, Nov 20, 2026
All-expiration max pain: 70.00
GEX flip (gamma neutral)
58.52
+10.1% from close
Net GEX
-30,243,973
-737,315 per 100k OI
Call wall
60.00
+12.9% from close
Put wall
50.00
-5.9% from close
Put/call OI
1.10
2,147,027 puts / 1,954,879 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Does CRWV close at max pain? Expiration record

Over the past 252 sessions, CRWV's expiration-day close was nearer the prior session's max pain than the prior close on 19 of 53 expirations (36%). The median distance from the expiration close was 6.74% for max pain and 3.53% for an unchanged prior close; 6 of 53 closes finished within 1% of max pain.

CRWV recent expirations versus prior-session max pain
Expiration Max pain (session before) Prior close Expiration close Close vs max pain Nearer
55.00 56.60 53.13 -3.30% Max pain
53.00 43.66 46.40 -15.12% Prior close
61.50 60.74 54.87 -10.92% Prior close
65.00 55.60 54.24 -19.36% Prior close
75.00 69.69 61.39 -19.53% Prior close
88.00 81.58 82.08 -7.26% Prior close
86.00 88.57 89.62 +4.09% Prior close
85.00 90.13 87.59 +2.87% Prior close
87.00 79.88 81.36 -7.06% Prior close
95.00 89.12 88.99 -6.74% Prior close

Each expiration compares the last session before it, when it was the nearest expiration, with the close of the expiration session. Distances are percentages of that prior close. Underlying closes are not official option settlement values. The archive was reconstructed in September 2026, so it does not show what was published at the time. This is descriptive history, not a forecast. The site-wide 2025 max-pain study uses the same comparison on Thursday snapshots.

Close
53.13
prev 56.60
Gamma max
84.89
+59.8% from close
Delta neutral
61.27
+15.3% from close
Gamma neutral (GEX flip)
58.52
+10.1% from close
Open interest
4,101,906
-7.9% vs prev
Contracts listed
1,662
996 calls · 879 puts

Advanced options analysis

Public aggregate analysis from the dated chain, normalized where possible for comparison across tickers. Catalyst intensity measures unusual pricing and activity; it does not identify an event, predict direction, or establish that an investment is attractive.

Catalyst intensity
63.0
cross-sectional score / 100
Directional score
-30.3
relatively bearish positioning
IV rank
56.4
within trailing 52-week range
Front IV premium
26.8 pp
front minus back volatility difference
25Δ risk reversal
8.0 pp
put IV minus call IV
IV butterfly
-2.3 pp
front-window smile convexity
Volume / open interest
0.14
631,205 contracts traded
Normalized net delta
-0.069
option-holder convention
Modeled dealer delta
0.068
opposite-side scenario
Vanna / 100k OI
4,316
volatility-sensitive delta
Charm / 100k OI
1,250,905
time-decay-sensitive delta
IV surface range
54.9 pp
aggregate volatility dispersion

Strongest relative signals: volume/OI 0.14 · front IV premium 26.8 pp

Download the dated aggregate analysis JSON .

CRWV closed 59.8% below its gamma max of 84.89. It is 15.3% below the delta neutral price of 61.27. Total open interest is 4,101,906, -7.9% versus the previous session. Its options catalyst-intensity score is 63.0 out of 100, led by volume/OI 0.14, front IV premium 26.8 pp. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

CRWV call and put open interest changes
Measure Value
Call OI change, 1 session -195,565 contracts · -9.1%
Put OI change, 1 session -155,421 contracts · -6.8%
Call minus put OI growth, 1 session -2.3 pp
Call OI change, 5 sessions +129,976 contracts · +7.1%
Put OI change, 5 sessions +184,746 contracts · +9.4%
Call minus put OI growth, 5 sessions -2.3 pp
Daily call OI change surprise -2.58σ (252 prior changes)
Daily put OI change surprise -2.56σ (252 prior changes)
Daily call-minus-put growth surprise -0.67σ (252 prior changes)

History

2025-11 2026-11
close delta neutral gamma max
Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Daily ticker aggregates through 2026-11-13. This analysis view omits individual contract fields.

To see all-expiration max pain over time, open the History chart and select “All-expiration max pain” under More series.

Aggregate IV history

Chart loads when this section is in view.

Swipe chart sideways to see the full range.

What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 9 completed Day +10 paths · latest Aug 13, 2026
CRWV returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -32.0% -16.0% 0% +16.0% +32.0% Cross on May 5, 2025 Cross on Aug 29, 2025 Cross on Sep 11, 2025 Cross on Sep 16, 2025 Cross on Sep 23, 2025 Cross on Apr 17, 2026 Cross on May 7, 2026 Cross on Jun 2, 2026 Cross on Aug 13, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
CRWV historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 9 -0.6% -6.9% to +1.8% 44% -9.4% to +1.9% 0.0%
Day +2 9 -1.4% -9.3% to +2.2% 33% -11.1% to +5.1% 0.0%
Day +3 9 -8.1% -15.1% to +5.1% 44% -15.7% to +5.4% 0.0%
Day +4 9 -6.4% -13.7% to +0.7% 44% -14.1% to +7.2% 0.0%
Day +5 9 -5.7% -11.5% to +7.7% 44% -15.6% to +10.2% 0.0%
Day +6 9 -2.7% -16.8% to +10.8% 44% -17.3% to +12.3% 0.0%
Day +7 9 +5.4% -18.9% to +13.7% 56% -19.5% to +18.2% 0.0%
Day +8 9 +1.3% -15.6% to +9.4% 56% -17.2% to +16.2% 0.0%
Day +9 9 +2.3% -10.7% to +8.7% 56% -17.2% to +18.4% 0.0%
Day +10 9 +1.8% -1.8% to +15.2% 56% -16.6% to +16.9% 0.0%
Crosses above gamma max 6 completed Day +10 paths · latest May 6, 2026
CRWV returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -38.0% -19.0% 0% +19.0% +38.0% Cross on May 2, 2025 Cross on Aug 28, 2025 Cross on Sep 15, 2025 Cross on Sep 22, 2025 Cross on Apr 14, 2026 Cross on May 6, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
CRWV historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 6 -1.3% -1.7% to -0.1% 33% -6.1% to +1.3% 0.0%
Day +2 6 +0.2% -6.9% to +1.6% 67% -16.9% to +5.3% 0.0%
Day +3 6 -2.6% -10.7% to +0.5% 33% -16.5% to +3.9% 0.0%
Day +4 6 -4.7% -13.6% to +2.8% 50% -21.6% to +6.7% 0.0%
Day +5 6 -4.9% -12.0% to -0.7% 17% -19.0% to +10.6% 0.0%
Day +6 6 +3.6% -6.1% to +7.6% 67% -16.9% to +13.4% 0.0%
Day +7 6 +1.5% -1.8% to +8.8% 67% -21.9% to +22.7% 0.0%
Day +8 6 +4.4% -3.6% to +11.8% 67% -24.5% to +30.8% 0.0%
Day +9 6 +0.5% -3.3% to +7.5% 50% -27.3% to +27.5% 0.0%
Day +10 6 +1.1% -7.4% to +7.1% 67% -26.3% to +55.7% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

CRWV trailing historical statistics
Sessions closed above gamma max 2%
Gamma max crosses 8
Delta neutral crosses 28
Prior-year sessions closer to gamma max 92.1% of 252
Prior-year sessions closer to delta neutral 69.8% of 252
Open interest percentile (1y) 99th
Daily open interest change versus prior year -2.65σ (-350,986 contracts; 252 prior changes)
Open interest change, 5 sessions +8.3%
Open interest change, 21 sessions +18.6%
History available Apr 2, 2025 → Nov 13, 2026

Recent crosses

  1. closed below delta neutral at 81.58 vs 83.55 (-2.4%)
  2. closed above delta neutral at 81.36 vs 80.21 (+1.4%)
  3. closed below delta neutral at 79.88 vs 82.51 (-3.3%)
  4. closed above delta neutral at 83.35 vs 83.04 (+0.4%)
  5. closed below delta neutral at 82.98 vs 83.78 (-1.0%)
  6. closed above delta neutral at 84.56 vs 83.49 (+1.3%)
  7. closed below delta neutral at 81.85 vs 83.40 (-1.9%)
  8. closed below gamma max at 106.29 vs 112.86 (-6.2%)
  9. closed above gamma max at 107.73 vs 103.88 (+3.6%)
  10. closed above delta neutral at 73.90 vs 70.13 (+5.1%)

In today's screens

Neighbours by open interest

Cite or embed this snapshot

Cite this canonical page, embed the live levels widget or share the dated 1600×840 image. All of them carry public derived aggregates, not contract-level quotes. Credited citations and unmodified embeds need no permission; see the terms.

Open share image

Canonical source: https://halfonadouble.com/stock/CRWV

Questions people ask about CRWV

What is CRWV's max pain for the nearest expiration?

As of Nov 13, 2026 close, nearest-expiration max pain is 60.00 for the Fri, Nov 20, 2026 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

Is CRWV max pain a reliable closing-price forecast?

Over the past 252 sessions, CRWV's expiration-day close was nearer the prior session's max pain than the prior close on 19 of 53 expirations (36%). The median distance from the expiration close was 6.74% for max pain and 3.53% for an unchanged prior close. Past expirations do not predict the next one. See the expiration record.

What do CRWV's gamma exposure and gamma flip show?

Signed net GEX is -30,243,973 as of Nov 13, 2026 close. The confirmed GEX flip is 58.52. Net GEX has been negative for the last 1 session and negative on 69 of the past 252. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is CRWV's gamma max today?

As of Nov 13, 2026, the gamma max for CRWV is 84.89, +59.8% from the 53.13 close. Gamma max is the underlying price at which the summed gamma of every open contract is largest; how it is computed and why it matters.

Is CRWV above or below its delta neutral price?

CRWV closed below delta neutral: 53.13 against a delta neutral price of 61.27. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does CRWV have?

4,101,906 contracts of open interest across 1,662 listed contracts on Nov 13, 2026, -7.9% versus the previous session. What open interest measures.

Levels are recomputed after every trading day from licensed end-of-day options data; only derived aggregates are published. Methodology · Data and licence · Not investment advice.