CRWD live implied move & 10Y history → · CRWD stock after earnings → · Who is on the IV Rush Radar this week → · How the IV rush trade works →
What holding CRWD options through the print actually cost
The clearest way to see IV crush: an at-the-money straddle bought one minute before the last close before CrowdStrike's report, marked at 10:00 the next morning. Both legs together — so this is the premium lost even after the stock moved:
| Report | ATM straddle, last close → 10am next day |
|---|---|
| Mar 4, 2025 | +4% |
| Nov 26, 2024 | -41% |
| Aug 28, 2024 | -71% |
| Jun 4, 2024 | -61% |
| Mar 5, 2024 | +13% |
| Nov 28, 2023 | +26% |
| Aug 30, 2023 | +42% |
| May 31, 2023 | -31% |
| Mar 7, 2023 | -55% |
| Nov 29, 2022 | +105% |
| Aug 30, 2022 | -14% |
| Jun 2, 2022 | -64% |
| Mar 9, 2022 | +5% |
| Dec 1, 2021 | -50% |
| Aug 31, 2021 | -57% |
| Jun 3, 2021 | -49% |
| Mar 16, 2021 | -16% |
| Dec 2, 2020 | +73% |
| Sep 2, 2020 | -65% |
| Jun 2, 2020 | -53% |
| Mar 19, 2020 | -72% |
| Dec 5, 2019 | -66% |
Out-of-the-money strangles lost more. Members see every strike and the same figures for the reports the radar tracks.
Frequently asked questions
Should I buy CRWD before earnings?
That is a decision only you can make, and this page does not give advice. What the data says: options price a move of ±10.6% for the Aug 26, 2026 report, so a long call or put needs CrowdStrike to move more than that in the right direction to profit after IV crush.
Does CRWD implied volatility go up before earnings?
Typically yes: implied volatility in the nearest expiration builds as the report approaches because the event's expected move is priced into that expiration, then collapses once results are out.
When does CRWD IV peak before earnings?
At the last close before the report — the final session before the print carries the biggest step for most names, which is why an IV-rush trade is exited before that close and never held through the announcement.
What is CRWD's implied move for the next earnings?
Options currently price about ±10.6% for Aug 26, 2026 (after market close); the 10-year average move is about ±10.7%.
