CPNJ - Calamos Nasdaq-100 Structured Alt Protection ETF – June
This Calamos ETF series is engineered to allow investors to participate in the positive price appreciation of the Nasdaq-100 index. While offering exposure to the index's upward movements, this participation is limited by a predefined return cap. Crucially, it simultaneously provides complete protection against all downside price movements over a one-year investment horizon, prior to the deduction of any fund fees and expenses.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Market Cap
- $40.0M
- Beta
- 0.22
- 52-Week Range
- 26.18-29.91
- IPO Date
- Jun 3, 2024
- Exchange
- AMEX
CPNJ Options Snapshot
Options pricing data for CPNJ 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 CPNJ 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.
Frequently asked CPNJ overview questions
- What is CPNJ?
- CPNJ is the ticker symbol for Calamos Nasdaq-100 Structured Alt Protection ETF – June, an listed exchange-traded fund. This Calamos ETF series is engineered to allow investors to participate in the positive price appreciation of the Nasdaq-100 index. While offering exposure to the index's upward movements, this participation is limited by a predefined return cap. Listed on AMEX. CPNJ 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 CPNJ's key statistics?
- Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) carries a market capitalization of $40.0M, 52-week range of 26.18-29.91. 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 CPNJ belong to?
- Calamos Nasdaq-100 Structured Alt Protection ETF – June operates in the Financial Services sector, in the Asset Management - Global 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 CPNJ'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 CPNJ data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for CPNJ, 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.