CPSM Fail-to-Deliver

Calamos S&P 500 Structured Alt Protection ETF – May (CPSM) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $56.3M, listed on AMEX, carrying a beta of 0.08 to the broader market. These Calamos Structured Protected ETFs are designed to capture the positive gains of the S&P 500 index, up to a pre-defined maximum return. public since 2024-05-01.

Fail-to-deliver (FTD) data from the SEC tracks settlement failures where shares were not delivered within the standard settlement period. Persistent FTDs may indicate naked short selling or settlement issues and are monitored by regulators.

Latest Date
2026-06-25
Latest FTD Quantity
185
Latest Price
$29.17
30-Day Avg FTD
502
30-Day Total FTD
15.1K

Showing 30 days of SEC fail-to-deliver data for Calamos S&P 500 Structured Alt Protection ETF – May.

Learn how fails-to-deliver is reported and how to read the data →

Frequently asked CPSM fail to deliver questions

What is the latest CPSM fail-to-deliver count?
As of Jun 25, 2026, Calamos S&P 500 Structured Alt Protection ETF – May (CPSM) fail-to-deliver quantity is 185 shares, with a 30-day average of 502 shares. The SEC publishes FTD data twice monthly: first-half data at month-end, second-half around the 15th of the following month.
What is the FTD aggregate net balance?
FTD figures represent the aggregate net balance in NSCC's Continuous Net Settlement (CNS) system, not the gross failed-share count. The published numbers run 2-6 weeks stale relative to the underlying settlement date.
How do CPSM FTDs affect options pricing?
Persistent FTDs flag hard-to-borrow conditions that distort put-call parity: in HTB names, synthetic long stock (long call + short put at the same strike) trades below the frictionless-parity price by approximately the borrow rebate. The discount equals the lending revenue forgone by holding the synthetic instead of actual shares. Reg SHO threshold-list inclusion follows from sustained FTD persistence.