CALF Options History — February 2025

In February 2025, CALF traded between $39.27 and $43.70. ATM implied volatility averaged 25.4%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 9.8% (HV 20d: 15.7%). Max pain ranged from $43.00 to $47.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 29.39.

Notable Days

  • 2025-02-21: Highest Volume — 402 contracts
  • 2025-02-12: Largest IV drop — 28.2% change
  • 2025-02-28: Highest IV Rank — 44.0%
  • 2025-02-28: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.00$39.27$43.70$43.25$39.27
Max Pain$43.53$43.00$47.00$45.00$43.00
ATM IV25.4%20.6%31.7%26.1%31.7%
Expected Move6.8%5.5%9.1%7.5%9.1%
HV 20d15.7%14.4%16.6%14.4%16.5%
HV 60d17.4%16.1%21.6%21.6%16.3%
IV Rank28.9%17.3%44.0%30.4%44.0%
IV Percentile65.7%28.6%90.5%77.4%90.5%
Term Structure-3.3%-7.1%1.6%-6.8%-6.3%
VWIV28.8%19.2%44.8%22.4%30.5%
Skew 25d2.0%-14.4%8.7%5.0%-1.1%
Skew 10d-0.1%-17.2%9.3%-10.0%-12.5%
Call IV 25d23.8%14.9%30.7%21.3%30.7%
Put IV 25d25.8%15.2%32.5%26.3%29.5%
Bid-Ask Spread %143.70130.96154.63141.88132.39
Gamma HHI0.310.240.390.350.37
Net GEX2.2K-8.3K30.3K-5.6K11.3K
Net DEX98.8K-304.9K495.1K-196.1K495.1K
Net VEX-2.7K-3.0K-2.2K-3.0K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio29.390.00401.000.500.16
Total Volume29.42104021272
Total OI717.947640760642732

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$43.25$45.0026.1%7.5%14.4%30.4%22.4%5.0%-6.8%-5.6K-196.1K-3.0K0.50141.88N/AN/A84428214
2025-02-04$43.70$45.0025.8%7.4%14.8%29.6%0.0%2.1%-3.8%-8.3K-304.9K-2.9K0.00149.73N/AN/A100424216
2025-02-05$43.58$45.0026.2%7.5%14.8%30.8%0.0%-14.4%-6.1%-7.7K-271.9K-3.0K0.00149.68N/AN/A00434216
2025-02-06$42.97$47.0025.9%5.6%15.5%29.9%0.0%3.2%1.6%-1.7K-109.1K-2.7K0.00135.66N/AN/A03434216
2025-02-07$42.45$43.0029.4%6.5%15.9%38.4%0.0%1.5%-2.2%-4.0K82.9K-2.9K0.00145.98N/AN/A01434269
2025-02-10$42.92$43.0029.0%5.9%16.1%37.4%0.0%6.6%-0.7%-2.8K-29.8K-3.0K0.00150.00N/AN/A40484270
2025-02-11$43.11$43.0029.0%5.5%15.8%37.4%0.0%8.7%0.6%-7.1K-65.9K-2.9K0.00142.40N/AN/A10483270
2025-02-12$42.39$43.0020.8%6.0%16.6%17.6%0.0%1.3%-1.7%5.6K104.8K-2.7K0.00145.69N/AN/A20484270
2025-02-13$42.86$43.0020.6%5.9%15.5%17.3%0.0%2.2%-1.5%-3.3K21.0K-2.9K2.00149.76N/AN/A12482270
2025-02-14$42.50$43.0022.8%6.5%15.6%22.4%21.2%0.6%-4.3%4.5K100.7K-2.6K0.50147.51N/AN/A42482272
2025-02-18$42.72$43.0022.4%6.4%15.7%21.6%0.0%1.9%-2.5%-18741.6K-2.6K0.00154.63N/AN/A00485272
2025-02-19$42.33$43.0022.3%6.4%15.0%21.3%0.0%-0.5%-3.3%5.5K135.6K-2.5K0.00152.24N/AN/A04485272
2025-02-20$42.03$43.0021.2%6.1%14.9%18.7%32.3%5.9%-4.7%12.1K218.6K-2.3K2.00141.05N/AN/A12485274
2025-02-21$41.14$43.0022.7%6.5%15.9%22.3%44.8%4.1%-2.4%30.3K347.4K-2.2K401.00130.96N/AN/A1401485275
2025-02-24$41.02$43.0025.6%7.3%15.9%29.3%19.2%3.2%-7.1%-4.1K260.9K-2.7K0.00144.83N/AN/A50429270
2025-02-25$40.42$43.0027.5%7.9%16.1%33.8%27.1%1.0%-5.1%5.3K275.7K-2.6K0.17140.19N/AN/A61434270
2025-02-26$39.98$43.0025.7%7.4%16.2%29.5%33.2%2.8%-4.9%3.9K352.3K-2.4K1.75139.08N/AN/A47431271
2025-02-27$39.35$43.0028.8%8.3%16.6%37.0%0.0%3.1%-2.2%7.5K418.7K-2.4K3.33136.62N/AN/A310442277
2025-02-28$39.27$43.0031.7%9.1%16.5%44.0%30.5%-1.1%-6.3%11.3K495.1K-2.4K0.16132.39N/AN/A6210445287