CALF Options History — October 2025

In October 2025, CALF traded between $41.72 and $44.31. ATM implied volatility averaged 22.3%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 6.1% (HV 20d: 16.1%). Max pain ranged from $39.00 to $46.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.06.

Notable Days

  • 2025-10-22: Highest Volume — 28 contracts
  • 2025-10-15: Largest IV drop — 33.1% change
  • 2025-10-14: Highest IV Rank — 37.4%
  • 2025-10-16: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.37$41.72$44.31$44.09$43.45
Max Pain$43.35$39.00$46.00$39.00$42.00
ATM IV22.3%16.9%33.7%19.7%20.0%
Expected Move5.9%4.9%7.0%5.6%5.7%
HV 20d16.1%11.2%18.7%11.4%18.6%
HV 60d16.8%15.9%17.9%16.4%16.4%
IV Rank12.8%1.3%37.4%7.1%8.0%
IV Percentile33.3%0.8%91.7%8.7%14.3%
Term Structure0.8%-4.2%4.7%2.7%4.5%
VWIV15.6%9.0%20.1%16.8%12.4%
Skew 25d3.3%-5.9%7.0%0.4%3.1%
Skew 10d3.1%-8.2%12.1%-0.6%4.4%
Call IV 25d15.5%12.2%19.6%13.8%15.4%
Put IV 25d18.8%13.6%23.0%14.2%18.5%
Bid-Ask Spread %124.5598.69136.67102.04136.67
Gamma HHI0.320.260.470.290.34
Net GEX37.5K24.0K49.6K43.1K28.9K
Net DEX-739.4K-922.8K-573.4K-889.5K-650.1K
Net VEX-1.5K-1.6K-1.3K-1.4K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.001.000.001.00
Total Volume4.60902810
Total OI264.174205311275239

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$44.09$39.0019.7%5.6%11.4%7.1%0.0%0.4%2.7%43.1K-889.5K-1.4K0.00102.04N/AN/A102705
2025-10-02$44.02$39.0020.3%5.8%11.2%8.6%16.8%-5.9%0.3%43.1K-875.9K-1.4K0.00110.73N/AN/A102715
2025-10-03$44.31$39.0020.9%6.0%11.4%9.8%0.0%-0.1%0.6%43.4K-922.8K-1.3K0.0098.69N/AN/A1302725
2025-10-06$44.09$46.0022.9%5.8%11.5%14.1%14.1%4.0%-0.1%47.3K-906.9K-1.4K0.00129.55N/AN/A602855
2025-10-07$43.56$46.0021.4%5.8%12.0%10.9%0.0%0.5%-0.1%47.6K-850.1K-1.5K0.00123.08N/AN/A002895
2025-10-08$43.66$46.0023.1%5.7%12.0%14.6%0.0%6.2%0.1%47.6K-856.9K-1.5K0.00131.64N/AN/A002895
2025-10-09$43.20$46.0023.4%5.8%11.4%15.3%0.0%2.3%1.2%48.1K-797.1K-1.5K0.00126.18N/AN/A002895
2025-10-10$41.72$46.0028.3%6.4%16.4%25.8%0.0%1.2%-1.6%41.7K-659.2K-1.5K0.00111.86N/AN/A502895
2025-10-13$42.44$46.0033.6%6.3%17.7%37.2%0.0%4.8%-0.3%46.6K-707.1K-1.5K0.00127.17N/AN/A1202945
2025-10-14$42.78$46.0033.7%6.4%18.0%37.4%0.0%2.3%-0.1%49.6K-757.6K-1.6K0.00120.22N/AN/A103065
2025-10-15$42.88$46.0022.5%6.5%18.0%13.3%0.0%5.2%-0.5%48.2K-797.4K-1.6K0.00121.61N/AN/A103065
2025-10-16$42.39$46.0024.4%7.0%17.8%17.5%0.0%2.3%-1.4%44.1K-729.0K-1.6K0.00119.24N/AN/A103065
2025-10-17$42.59$46.0024.3%7.0%17.8%17.3%17.8%4.5%-1.0%43.9K-732.1K-1.6K0.00126.65N/AN/A403065
2025-10-20$42.91$42.0017.9%5.1%18.0%3.3%20.1%4.5%3.8%24.2K-573.4K-1.4K0.00129.48N/AN/A202023
2025-10-21$43.48$42.0021.9%6.3%18.7%12.1%19.1%6.1%-0.8%24.0K-616.5K-1.4K0.00124.81N/AN/A902043
2025-10-22$43.48$42.0022.5%6.5%18.7%13.3%9.0%7.0%-0.5%25.3K-631.7K-1.4K0.00125.93N/AN/A2802113
2025-10-23$43.98$42.0017.8%5.1%18.7%3.2%0.0%6.8%4.7%25.2K-669.5K-1.4K0.00131.15N/AN/A002143
2025-10-24$44.00$42.0016.9%4.9%18.2%1.3%12.4%5.9%3.7%25.4K-689.2K-1.3K0.00135.25N/AN/A1302143
2025-10-27$44.06$42.0017.0%4.9%18.2%1.4%0.0%6.3%3.5%27.5K-704.1K-1.3K0.00135.99N/AN/A602273
2025-10-28$43.88$42.0017.7%5.1%18.2%3.0%0.0%3.4%3.7%28.6K-696.2K-1.4K0.00134.87N/AN/A002333
2025-10-29$43.24$42.0021.9%6.3%18.7%12.0%0.0%-0.3%-4.2%29.3K-642.3K-1.5K1.00128.22N/AN/A112333
2025-10-30$43.33$42.0020.2%5.8%18.7%8.2%0.0%5.9%0.3%29.3K-651.0K-1.5K0.00133.72N/AN/A012344
2025-10-31$43.45$42.0020.0%5.7%18.6%8.0%0.0%3.1%4.5%28.9K-650.1K-1.4K0.00136.67N/AN/A002345