CALF Options History — February 2026

In February 2026, CALF traded between $45.34 and $46.91. ATM implied volatility averaged 24.1%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 6.1% (HV 20d: 18.0%). Max pain ranged from $42.00 to $46.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-09: Highest Volume — 22 contracts
  • 2026-02-25: Largest IV drop — 21.0% change
  • 2026-02-24: Highest IV Rank — 29.9%
  • 2026-02-24: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.25$45.34$46.91$45.75$46.09
Max Pain$43.84$42.00$46.00$42.00$46.00
ATM IV24.1%20.0%28.4%20.0%24.9%
Expected Move6.7%5.7%8.1%5.7%7.1%
HV 20d18.0%14.8%19.8%14.8%19.2%
HV 60d15.1%14.1%16.1%14.2%14.7%
IV Rank21.1%12.7%29.9%12.7%22.7%
IV Percentile59.5%20.2%84.9%20.2%68.7%
Term Structure-1.2%-3.9%2.8%2.8%-3.3%
VWIV20.1%9.8%28.9%9.8%21.6%
Skew 25d4.7%-0.4%10.1%6.6%5.4%
Skew 10d9.1%1.9%13.3%12.8%4.4%
Call IV 25d18.6%11.0%23.1%15.8%21.9%
Put IV 25d23.3%19.9%27.3%22.5%27.3%
Bid-Ask Spread %127.18114.73135.25135.06131.51
Gamma HHI0.180.150.210.200.16
Net GEX18.7K15.3K22.3K16.6K18.4K
Net DEX-380.4K-432.6K-319.2K-328.5K-360.8K
Net VEX-825-886-768-822-793
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.21102230
Total OI146.105131156131151

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$45.75$42.0020.0%5.7%14.8%12.7%9.8%6.6%2.8%16.6K-328.5K-8220.00135.06N/AN/A3011813
2026-02-03$45.34$42.0024.0%6.9%14.9%21.1%0.0%-0.4%-0.1%16.0K-319.2K-8730.00126.99N/AN/A0012013
2026-02-04$46.25$42.0024.1%6.9%16.0%21.2%0.0%2.8%-0.3%16.2K-353.9K-8390.00131.08N/AN/A0012013
2026-02-05$45.58$44.0026.2%6.8%16.6%25.5%0.0%2.5%-0.7%15.3K-334.5K-8510.00126.63N/AN/A2012013
2026-02-06$46.89$44.0024.7%6.2%18.7%22.5%0.0%8.8%-0.5%15.9K-387.6K-7840.00127.03N/AN/A0012113
2026-02-09$46.81$44.0025.7%6.4%18.7%24.4%18.7%10.1%-2.5%16.0K-391.3K-7690.00128.57N/AN/A22012113
2026-02-10$46.91$44.0024.7%6.1%18.6%22.5%20.9%4.1%-0.1%19.5K-429.2K-8560.00135.25N/AN/A1013913
2026-02-11$46.80$44.0020.6%5.9%18.6%14.1%0.0%0.3%-3.4%19.6K-432.6K-8430.00133.57N/AN/A1014013
2026-02-12$46.00$44.0023.8%6.8%19.7%20.5%0.0%2.8%-1.4%21.0K-389.6K-8860.00114.73N/AN/A0014113
2026-02-13$46.36$44.0025.8%7.4%19.8%24.7%0.0%2.6%-2.5%20.1K-401.1K-8740.00121.25N/AN/A0014113
2026-02-17$46.23$44.0026.4%7.6%19.1%25.9%0.0%2.9%-1.1%21.7K-393.1K-8420.00115.55N/AN/A0014113
2026-02-18$46.61$44.0023.2%6.6%18.4%19.3%0.0%10.1%-3.3%22.0K-411.5K-8070.00125.34N/AN/A0014113
2026-02-19$46.39$44.0023.7%6.8%17.0%20.3%20.9%4.0%1.2%22.3K-407.6K-7800.00125.44N/AN/A9014113
2026-02-20$46.64$44.0022.8%6.5%17.1%18.6%0.0%9.2%-1.4%21.7K-420.9K-8170.00129.04N/AN/A1014313
2026-02-23$45.72$44.0024.9%7.1%18.4%22.8%0.0%2.8%-1.6%18.2K-359.1K-8220.00125.19N/AN/A0113612
2026-02-24$46.13$44.0028.4%8.1%18.6%29.9%0.0%7.9%-3.6%17.6K-369.8K-8220.00126.72N/AN/A0013613
2026-02-25$45.86$44.0022.4%6.4%18.7%17.8%28.9%2.0%-3.9%18.4K-356.3K-8190.00132.01N/AN/A0113613
2026-02-26$46.41$45.0021.1%6.0%19.0%15.0%21.6%4.8%1.9%19.0K-381.8K-7680.00125.49N/AN/A0113614
2026-02-27$46.09$46.0024.9%7.1%19.2%22.7%0.0%5.4%-3.3%18.4K-360.8K-7930.00131.51N/AN/A0013615