Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $18.8M, listed on CBOE, carrying a beta of 0.41 to the broader market. CBXJ actively manages options and collateral in a way designed to track the positive price return of spot bitcoin up to a cap, while providing protection against a loss exceeding 10%, over a one-year period. public since 2025-02-04.

Volatility skew analysis compares implied volatility across strikes and expirations. No recent options activity for CBXJ as of 2026-10-15; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how volatility skew is reported and how to read the data →