CALF Options History — November 2021

In November 2021, CALF traded between $43.22 and $47.18. ATM implied volatility averaged 26.4%. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.3% (HV 20d: 25.1%). Max pain ranged from $43.00 to $47.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-11-22: Highest Volume — 8 contracts
  • 2021-11-24: Largest IV spike — 26.3% change
  • 2021-11-30: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.96$43.22$47.18$44.53$43.22
Max Pain$46.43$43.00$47.00$43.00$47.00
ATM IV26.4%20.5%38.9%21.1%38.9%
Expected Move7.3%5.8%11.2%6.0%11.2%
HV 20d25.1%22.1%29.4%22.1%27.5%
HV 60d24.5%23.8%25.4%23.8%25.3%
Term Structure-1.3%-5.9%1.0%1.0%-5.5%
VWIV24.9%19.1%38.6%19.1%38.6%
Skew 25d2.7%-3.7%7.7%-0.8%6.8%
Skew 10d3.4%-2.4%9.4%1.0%9.4%
Call IV 25d24.8%17.5%37.2%24.9%36.3%
Put IV 25d27.5%21.8%43.2%24.1%43.2%
Bid-Ask Spread %129.25123.74141.74128.91123.74
Gamma HHI0.630.501.001.000.55
Net GEX1.4K7712.2K2.0K771
Net DEX-27.9K-39.5K-6.3K-22.6K-6.3K
Net VEX-27-53-14-23-34
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.814848
Total OI8.61941177

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$44.53$43.0021.1%6.0%22.1%0.0%0.0%-0.8%1.0%2.0K-22.6K-230.00128.91N/AN/A4070
2021-11-02$44.50$43.0025.8%7.4%22.1%0.0%0.0%-3.7%-5.6%2.2K-23.5K-210.00131.63N/AN/A4070
2021-11-03$46.17$43.0024.9%7.1%23.8%0.0%0.0%0.6%-2.9%1.0K-28.2K-140.00129.90N/AN/A7070
2021-11-04$45.96$47.0024.5%5.9%22.7%0.0%19.1%3.1%0.3%1.9K-34.5K-300.00127.06N/AN/A70100
2021-11-05$46.90$47.0024.8%5.8%23.3%0.0%20.1%4.2%0.3%1.5K-37.8K-260.00128.85N/AN/A70100
2021-11-08$46.92$47.0029.2%6.0%23.2%0.0%21.3%2.0%0.7%1.5K-38.2K-250.00129.88N/AN/A70100
2021-11-09$47.03$47.0027.0%6.2%23.2%0.0%20.8%5.5%0.8%1.4K-38.7K-230.00128.57N/AN/A70100
2021-11-10$46.09$47.0022.0%6.3%24.7%0.0%20.3%1.7%0.9%1.7K-35.8K-250.00126.12N/AN/A70100
2021-11-11$46.78$47.0022.2%6.4%24.9%0.0%22.7%4.8%-1.9%1.4K-38.2K-220.00125.78N/AN/A70100
2021-11-12$46.79$47.0021.1%6.1%24.9%0.0%20.7%4.6%0.6%1.4K-38.1K-220.00130.40N/AN/A70100
2021-11-15$46.71$47.0021.4%6.1%25.0%0.0%21.2%2.3%0.3%1.5K-37.7K-200.00130.03N/AN/A70100
2021-11-16$47.18$47.0020.5%5.9%24.7%0.0%20.3%1.3%0.3%1.3K-39.5K-180.00126.49N/AN/A70100
2021-11-17$46.38$47.0021.2%6.1%25.8%0.0%21.5%0.2%-0.4%1.5K-36.9K-180.00130.98N/AN/A70100
2021-11-18$46.63$47.0021.3%6.1%25.8%0.0%21.3%3.1%-0.4%1.4K-38.2K-160.00125.48N/AN/A50100
2021-11-19$45.88$47.0023.9%6.8%26.6%0.0%23.6%1.0%-3.3%1.9K-37.0K-200.00131.97N/AN/A50110
2021-11-22$46.89$47.0023.1%6.6%27.3%0.0%22.5%7.7%-0.1%1.2K-9.3K-200.00132.31N/AN/A8040
2021-11-23$46.40$47.0029.0%8.3%26.3%0.0%27.9%2.3%0.7%1.3K-14.2K-530.00130.36N/AN/A8070
2021-11-24$46.03$47.0036.6%10.5%25.0%0.0%34.9%2.7%-3.3%1.1K-13.6K-510.00141.74N/AN/A8070
2021-11-26$44.21$47.0038.8%11.1%29.4%0.0%36.8%3.4%-3.6%905-9.2K-440.00127.25N/AN/A8070
2021-11-29$44.02$47.0036.8%10.5%29.4%0.0%34.8%4.7%-5.9%958-8.5K-410.00126.75N/AN/A8070
2021-11-30$43.22$47.0038.9%11.2%27.5%0.0%38.6%6.8%-5.5%771-6.3K-340.00123.74N/AN/A8070