CALF Options History — January 2023

In January 2023, CALF traded between $35.55 and $39.56. ATM implied volatility averaged 28.1%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 6.9% (HV 20d: 21.2%). Max pain ranged from $36.00 to $37.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-05: Highest Volume — 71 contracts
  • 2023-01-11: Largest IV drop — 49.6% change
  • 2023-01-09: Highest IV Rank — 35.2%
  • 2023-01-23: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.75$35.55$39.56$35.55$39.56
Max Pain$36.87$36.00$37.00$36.00$37.00
ATM IV28.1%21.4%43.3%22.8%26.4%
Expected Move7.5%6.1%8.5%6.5%7.6%
HV 20d21.2%16.7%23.7%22.3%18.1%
HV 60d25.0%24.1%26.1%26.0%24.1%
IV Rank15.6%7.0%35.2%8.7%13.4%
IV Percentile20.3%2.8%84.9%3.6%10.7%
Term Structure-2.9%-8.2%4.2%3.1%-4.8%
VWIV21.8%21.2%22.4%22.4%21.2%
Skew 25d1.6%-6.8%4.3%-1.6%-4.3%
Skew 10d4.0%-4.5%8.2%7.2%3.3%
Call IV 25d28.8%20.4%36.7%33.8%30.8%
Put IV 25d30.4%21.0%34.8%32.2%26.4%
Bid-Ask Spread %129.57113.01138.80113.01129.47
Gamma HHI0.450.370.660.550.40
Net GEX3.0K-9.3K12.9K-8.3K12.9K
Net DEX-184.5K-252.2K702702-248.1K
Net VEX-811-981-215-249-954
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.2507100
Total OI139.0588175102113

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$35.55$36.0022.8%6.5%22.3%8.7%0.0%-1.6%3.1%-8.3K702-2490.00113.01N/AN/A004755
2023-01-04$35.73$36.0022.2%6.4%20.3%8.1%0.0%-6.8%4.1%-9.2K-12.3K-2200.00121.86N/AN/A004755
2023-01-05$35.69$0.0022.4%7.2%20.3%8.2%0.0%2.6%0.2%-9.3K-8.5K-2150.00127.89N/AN/A7104755
2023-01-06$36.69$0.0031.1%6.9%23.0%19.5%0.0%-2.7%0.0%-8.3K-183.1K-9010.00125.25N/AN/A0111855
2023-01-09$36.64$0.0043.3%8.0%23.0%35.2%0.0%2.6%-2.1%-161-166.8K-9810.00134.51N/AN/A0011855
2023-01-10$37.05$0.0042.5%7.9%23.2%34.2%0.0%2.3%-3.4%-23-186.3K-9310.00138.80N/AN/A0011855
2023-01-11$37.40$0.0021.4%6.1%23.2%7.0%22.4%0.6%4.2%782-209.2K-9230.00131.04N/AN/A0111855
2023-01-12$37.98$37.0026.6%7.6%23.7%13.6%0.0%2.1%-3.0%2.5K-215.0K-9290.00132.83N/AN/A0311856
2023-01-13$38.23$37.0024.6%7.1%23.5%11.1%0.0%2.7%-1.5%3.1K-231.7K-9060.00131.60N/AN/A1011856
2023-01-17$38.01$37.0028.7%8.2%21.9%16.4%0.0%2.5%-5.9%2.8K-228.1K-8910.00137.79N/AN/A0011956
2023-01-18$37.52$37.0026.7%7.7%22.0%13.8%0.0%2.1%-5.1%1.8K-240.2K-8620.00131.64N/AN/A0011956
2023-01-19$37.45$37.0028.4%8.1%21.2%16.0%0.0%3.7%-1.6%1.6K-194.5K-8750.00134.07N/AN/A2011856
2023-01-20$37.97$37.0029.0%8.3%21.6%16.8%0.0%3.7%-3.0%2.7K-220.0K-8570.00135.51N/AN/A0211956
2023-01-23$38.76$37.0029.5%8.5%21.9%17.4%21.2%4.2%-7.8%8.0K-187.6K-8440.00131.95N/AN/A10844
2023-01-24$38.62$37.0027.7%7.9%20.3%15.1%0.0%4.0%-8.2%8.1K-196.1K-8360.00130.18N/AN/A220854
2023-01-25$38.91$37.0026.0%7.4%20.1%12.9%0.0%4.3%-6.4%12.6K-223.6K-9720.00123.15N/AN/A001074
2023-01-26$39.05$37.0026.4%7.6%20.0%13.5%0.0%3.2%-5.1%12.4K-242.3K-9720.00125.56N/AN/A001074
2023-01-27$39.40$37.0027.6%7.9%16.7%14.9%0.0%2.8%-4.2%12.6K-252.2K-9530.00128.49N/AN/A101074
2023-01-30$38.81$37.0028.1%8.1%17.4%15.6%0.0%3.9%-7.0%12.6K-244.7K-9420.00126.76N/AN/A001094
2023-01-31$39.56$37.0026.4%7.6%18.1%13.4%0.0%-4.3%-4.8%12.9K-248.1K-9540.00129.47N/AN/A001094