CBXL - Calamos ETF Trust - Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF
CBXL is a single-ticker solution that bundles four specific, defined outcome buffer ETFs linked to the spot price of Bitcoin (BTC). The fund ladders four Calamos Bitcoin Structured Alt Protection ETFs: CBXJ, CBXA, CBXY, and CBXO, each with a one-year target outcome period. Each ETF utilizes both FLEX and listed options and resets quarterly on a staggered schedule in January, April, July, and October, respectively.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.6M
- Beta
- 0.33
- 52-Week Range
- 19.666-25
- Dividend Yield
- $0.32
- IPO Date
- Oct 14, 2025
- Exchange
- CBOE
CBXL Options Snapshot
Options pricing data for CBXL is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The CBXL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
CBXL fund facts: expense ratio 0.10%, assets under management $1.6M, NAV $21.33 as of the data source's update on Oct 8, 2026, launched Oct 14, 2025, issued by Calamos. See the CBXL holdings.
Frequently asked CBXL overview questions
- What is CBXL?
- CBXL is the ticker symbol for Calamos ETF Trust - Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF, an listed exchange-traded fund. CBXL is a single-ticker solution that bundles four specific, defined outcome buffer ETFs linked to the spot price of Bitcoin (BTC). The fund ladders four Calamos Bitcoin Structured Alt Protection ETFs: CBXJ, CBXA, CBXY, and CBXO, each with a one-year target outcome period. Listed on CBOE. CBXL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are CBXL's key statistics?
- Calamos ETF Trust - Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF (CBXL) carries a market capitalization of $2.6M, 52-week range of 19.666-25. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does CBXL belong to?
- Calamos ETF Trust - Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CBXL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the CBXL data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for CBXL, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.