CALF Options History — August 2023

In August 2023, CALF traded between $41.75 and $43.86. ATM implied volatility averaged 21.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 7.9% (HV 20d: 13.7%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.15.

Notable Days

  • 2023-08-14: Highest Volume — 20 contracts
  • 2023-08-09: Largest IV drop — 52.1% change
  • 2023-08-08: Highest IV Rank — 27.7%
  • 2023-08-22: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.80$41.75$43.86$43.86$42.77
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV21.6%13.6%28.4%23.1%22.7%
Expected Move6.0%3.9%6.9%6.6%6.5%
HV 20d13.7%10.7%18.4%18.4%11.6%
HV 60d19.9%16.4%21.2%21.2%16.4%
IV Rank17.4%5.3%27.7%19.7%19.1%
IV Percentile26.6%0.8%58.7%30.2%33.7%
Term Structure-1.7%-9.3%5.0%-3.2%-3.3%
VWIV17.1%17.1%17.1%17.1%17.1%
Skew 25d3.3%-4.2%11.1%4.2%4.5%
Skew 10d1.2%-13.3%12.9%4.1%2.3%
Call IV 25d18.1%11.5%21.9%20.5%19.7%
Put IV 25d21.3%15.4%27.4%24.6%24.2%
Bid-Ask Spread %118.0795.53131.87105.39131.87
Gamma HHI0.220.180.260.230.23
Net GEX17.3K10.7K28.6K10.7K24.3K
Net DEX-450.4K-510.3K-377.8K-500.3K-487.7K
Net VEX-701-938-440-499-758
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.500.000.00
Total Volume3.04302000
Total OI196.217183216189208

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$43.86$41.0023.1%6.6%18.4%19.7%0.0%4.2%-3.2%10.7K-500.3K-4990.00105.39N/AN/A0013455
2023-08-02$43.55$41.0019.8%5.7%18.0%14.6%0.0%-0.1%-0.8%12.0K-471.9K-6630.00103.12N/AN/A0013455
2023-08-03$43.18$0.0023.0%5.7%15.6%19.5%0.0%5.7%-1.4%12.3K-451.2K-6940.00117.77N/AN/A0013455
2023-08-04$43.42$0.0023.1%6.4%14.6%19.6%0.0%10.2%-3.9%12.6K-467.0K-6580.00116.82N/AN/A0013455
2023-08-07$43.81$0.0023.6%5.8%14.4%20.5%0.0%7.0%-5.2%12.1K-490.2K-5550.00123.96N/AN/A2013455
2023-08-08$43.73$0.0028.4%5.9%14.1%27.7%0.0%2.4%-5.5%12.7K-483.5K-5900.00123.49N/AN/A0013555
2023-08-09$43.77$0.0013.6%3.9%13.8%5.3%0.0%6.4%0.7%11.6K-510.3K-4400.00119.62N/AN/A0113555
2023-08-10$43.28$0.0017.9%5.1%14.6%11.8%0.0%2.7%1.8%12.7K-464.8K-6110.00118.05N/AN/A0013555
2023-08-11$43.32$0.0018.7%5.4%13.9%12.9%0.0%1.7%-0.7%13.2K-482.0K-5540.00115.25N/AN/A2013555
2023-08-14$43.07$0.0020.0%5.7%13.9%14.9%0.0%3.0%5.0%13.1K-425.4K-7430.00119.74N/AN/A20013555
2023-08-15$42.66$0.0019.9%5.7%13.5%14.8%0.0%11.1%2.7%16.7K-457.6K-7800.00116.25N/AN/A1015555
2023-08-16$42.36$0.0021.1%6.0%13.5%16.6%0.0%2.7%-5.2%17.6K-454.4K-7270.00122.20N/AN/A5015655
2023-08-17$41.91$0.0021.1%6.1%13.6%16.7%0.0%6.8%-0.1%18.6K-398.4K-8730.00122.14N/AN/A0016155
2023-08-18$42.31$0.0020.2%5.8%14.1%15.3%17.1%-2.2%0.5%20.2K-434.3K-7661.50122.85N/AN/A2316155
2023-08-21$42.20$41.0021.3%6.1%13.1%16.9%0.0%5.3%2.1%18.6K-399.6K-8280.00120.52N/AN/A1014637
2023-08-22$42.00$41.0023.9%6.9%13.2%20.9%0.0%3.4%-1.7%20.2K-406.0K-7950.00119.95N/AN/A14014737
2023-08-23$42.20$41.0022.6%6.5%13.3%18.9%0.0%-4.2%-5.5%21.1K-418.6K-8070.00116.97N/AN/A0015637
2023-08-24$41.75$41.0021.8%6.3%13.1%17.7%0.0%2.8%-1.3%19.7K-388.7K-9150.17121.66N/AN/A6115637
2023-08-25$41.83$41.0022.0%6.3%11.2%18.0%0.0%-3.4%-1.7%20.7K-377.8K-9380.00120.85N/AN/A0016238
2023-08-28$42.05$41.0023.5%6.7%10.7%20.2%0.0%0.5%-3.8%24.0K-436.3K-7060.0095.53N/AN/A2016238
2023-08-29$42.56$41.0022.3%6.4%11.8%18.4%0.0%-2.7%0.8%28.6K-463.0K-5900.00114.00N/AN/A0016438
2023-08-30$42.86$41.0023.2%6.6%11.9%19.8%0.0%7.6%-9.3%23.8K-489.4K-6330.00127.55N/AN/A10016438
2023-08-31$42.77$41.0022.7%6.5%11.6%19.1%0.0%4.5%-3.3%24.3K-487.7K-7580.00131.87N/AN/A0017038