CALX Options History — April 2019

In April 2019, CALX traded between $6.64 and $7.91. ATM implied volatility averaged 61.5%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 21.3% (HV 20d: 40.2%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.78.

Notable Days

  • 2019-04-24: Highest Volume — 2,396 contracts
  • 2019-04-10: Largest IV spike — 52.2% change
  • 2019-04-29: Highest IV Rank — 79.8%
  • 2019-04-29: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.22$6.64$7.91$7.81$6.79
Max Pain$7.43$7.00$8.00$8.00$7.00
ATM IV61.5%31.1%97.8%36.8%85.4%
Expected Move19.3%14.3%28.0%14.3%24.5%
HV 20d40.2%23.1%52.8%26.9%52.8%
HV 60d75.6%74.6%77.5%75.4%76.3%
IV Rank43.5%13.0%79.8%18.8%67.4%
IV Percentile70.7%16.3%98.8%33.7%96.8%
Term Structure-14.1%-34.9%18.2%14.3%-32.2%
VWIV69.5%51.2%99.4%51.2%96.8%
Skew 25d7.8%-3.1%18.0%3.2%5.8%
Skew 10d6.4%-29.6%40.9%7.0%18.3%
Call IV 25d62.9%32.4%91.3%32.4%90.7%
Put IV 25d70.8%31.7%106.4%35.6%96.4%
Bid-Ask Spread %82.5373.4394.8792.0376.76
Gamma HHI0.320.230.470.390.33
Net GEX70.2K3.6K156.1K130.6K3.6K
Net DEX39.5K-1.4M929.9K-1.0M812.1K
Net VEX-9.6K-13.1K-5.5K-13.1K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.780.0020.780.012.96
Total Volume545.61952,396991,322
Total OI14,905.71410,80516,45315,51515,543

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$7.81$8.0036.8%14.3%26.9%18.8%51.2%3.2%14.3%130.6K-1.0M-13.1K0.0192.0398113,1272,388
2019-04-02$7.81$8.0035.3%15.5%26.8%17.2%53.5%-0.7%18.2%135.9K-945.2K-12.9K0.0281.30115213,2772,389
2019-04-03$7.82$8.0036.4%15.7%24.9%18.3%54.8%9.2%-9.6%138.9K-960.0K-12.9K0.0290.33123213,3082,389
2019-04-04$7.85$8.0035.8%14.8%24.5%17.7%52.5%10.3%-8.3%144.0K-1.0M-12.7K0.0285.7484213,3662,374
2019-04-05$7.72$8.0033.1%15.6%25.0%15.0%53.7%1.7%-10.4%140.9K-638.0K-11.7K0.0994.872352113,3662,374
2019-04-08$7.73$8.0031.1%15.1%23.1%13.0%52.0%3.7%-8.7%146.1K-728.6K-11.2K0.0082.225013,3212,374
2019-04-09$7.91$8.0040.1%16.1%24.6%22.0%54.1%6.0%-12.7%156.1K-1.4M-12.1K0.2081.59911813,3212,374
2019-04-10$7.12$8.0061.0%17.5%44.8%42.9%58.8%18.0%-11.3%68.0K450.2K-7.5K1.6281.6027444313,3072,376
2019-04-11$6.87$8.0057.4%16.5%46.1%39.4%53.9%7.3%-12.9%48.0K734.4K-6.6K2.6982.5916544413,5072,562
2019-04-12$6.87$7.0056.7%16.3%44.6%38.7%56.4%10.5%-10.5%45.7K776.1K-6.6K2.8081.4319554613,5222,655
2019-04-15$6.66$7.0065.0%18.6%44.3%46.9%64.5%-0.3%-12.8%33.7K929.9K-5.5K1.6984.829716413,5202,655
2019-04-16$6.64$7.0063.8%18.3%44.1%45.7%64.2%2.6%-14.3%32.8K922.6K-5.6K2.7886.799526413,6072,694
2019-04-17$6.93$7.0062.7%18.0%47.8%44.7%63.5%8.5%-14.1%66.7K662.9K-6.8K3.1781.6510834213,6872,693
2019-04-18$6.81$7.0068.7%19.7%47.7%50.6%70.3%-3.1%-17.2%29.9K706.2K-7.3K0.1883.0676913613,7022,751
2019-04-22$6.85$7.0077.5%22.2%47.0%59.5%86.4%12.8%-19.9%33.9K256.8K-7.9K13.3383.81152008,4782,327
2019-04-23$7.12$7.0077.6%22.3%49.2%59.6%86.3%11.0%-16.8%37.3K21.4K-9.7K1.3076.961211578,4812,782
2019-04-24$7.16$7.0093.1%26.7%48.9%75.1%98.4%15.2%-29.6%36.3K22.0K-9.8K20.7879.211102,2868,5112,935
2019-04-25$6.90$7.0090.0%25.8%49.9%72.0%90.1%15.6%-25.3%12.7K507.5K-10.5K0.2576.24110288,5315,020
2019-04-26$7.08$7.0087.3%25.0%51.1%69.3%98.4%12.2%-26.8%16.6K449.6K-10.5K3.5376.79893148,5315,021
2019-04-29$7.11$7.0097.8%28.0%50.9%79.8%99.4%15.1%-34.9%16.3K346.7K-10.6K1.0573.439119568,5665,308
2019-04-30$6.79$7.0085.4%24.5%52.8%67.4%96.8%5.8%-32.2%3.6K812.1K-9.2K2.9676.763349889,4566,087