CALX Options History — May 2019

In May 2019, CALX traded between $6.07 and $7.40. ATM implied volatility averaged 45.8%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded below realized volatility by 8.5% (HV 20d: 54.3%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2019-05-30: Highest Volume — 817 contracts
  • 2019-05-07: Largest IV spike — 31.8% change
  • 2019-05-10: Highest IV Rank — 37.0%
  • 2019-05-31: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.70$6.07$7.40$7.40$6.07
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV45.8%38.0%55.0%46.5%49.5%
Expected Move12.7%11.5%14.2%13.3%14.2%
HV 20d54.3%32.4%66.9%62.3%32.4%
HV 60d46.7%42.4%79.2%78.6%43.7%
IV Rank27.7%19.9%37.0%28.4%31.4%
IV Percentile58.9%37.7%77.0%62.7%65.9%
Term Structure0.9%-4.8%31.9%31.9%-1.5%
VWIV44.6%37.9%54.0%54.0%48.0%
Skew 25d7.2%-3.0%15.8%-3.0%8.5%
Skew 10d10.9%-14.2%31.6%-14.2%6.1%
Call IV 25d39.3%33.5%55.9%55.9%37.5%
Put IV 25d46.5%37.2%52.9%52.9%46.0%
Bid-Ask Spread %92.7485.70101.3797.4392.72
Gamma HHI0.280.210.540.280.21
Net GEX16.2K-31.8K65.2K65.2K4.8K
Net DEX691.8K-324.0K985.4K-324.0K956.5K
Net VEX-4.4K-10.4K-1.8K-10.4K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.011.570.260.27
Total Volume249.1361817541817
Total OI13,497.8649,93415,80315,7499,934

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$7.40$7.0046.5%13.3%62.3%28.4%54.0%-3.0%31.9%65.2K-324.0K-10.4K0.2697.434301119,6146,135
2019-05-02$7.01$7.0041.8%12.0%64.9%23.7%37.9%-0.3%-1.0%19.9K561.7K-7.0K0.5392.324922609,6116,140
2019-05-03$7.15$7.0041.8%12.0%65.4%23.7%40.2%-0.3%-2.9%39.0K411.3K-6.4K1.0493.932492609,6746,105
2019-05-06$7.34$7.0038.0%11.7%66.2%19.9%41.6%9.1%1.6%62.0K336.0K-6.3K0.2490.011749,6956,102
2019-05-07$7.12$7.0050.1%12.6%66.9%32.0%43.6%1.5%-0.7%48.4K462.5K-6.0K0.2490.221749,6846,102
2019-05-08$7.10$7.0052.3%12.4%66.1%34.2%43.5%3.1%-0.5%33.5K441.2K-6.7K1.2489.1017219,6846,102
2019-05-09$6.98$7.0048.3%12.7%54.9%30.3%44.4%5.0%-0.2%19.3K543.1K-6.0K1.2890.1732419,6846,047
2019-05-10$6.81$7.0055.0%13.3%54.1%37.0%46.7%14.6%-1.5%-538743.1K-5.4K0.00100.05019,6696,027
2019-05-13$6.58$7.0048.6%13.1%55.4%30.5%49.1%10.4%2.3%-26.0K894.3K-4.4K0.0091.270409,6696,027
2019-05-14$6.56$7.0048.2%13.2%54.4%30.1%45.7%11.5%-3.4%-31.8K985.4K-3.7K1.5790.811011599,6696,012
2019-05-15$6.66$7.0045.1%12.9%54.7%27.0%0.0%13.8%-2.6%-7.7K857.5K-3.8K0.0086.25019,6666,012
2019-05-16$6.54$7.0045.9%13.2%52.6%27.8%0.0%9.2%-3.5%14.6K849.1K-3.4K0.0188.8315119,6666,012
2019-05-17$6.54$7.0040.9%11.7%52.3%22.9%40.6%10.8%2.2%16.3K805.2K-3.4K0.0193.9718019,8026,001
2019-05-20$6.54$7.0042.0%12.0%52.2%23.9%47.8%10.2%3.0%15.3K798.0K-3.3K0.3387.0230108,1442,133
2019-05-21$6.64$7.0043.6%12.5%50.4%25.6%49.6%15.8%-2.3%16.4K763.5K-3.4K0.4785.7030148,1652,133
2019-05-22$6.63$7.0039.9%11.5%50.3%21.9%42.7%6.6%0.2%15.7K789.4K-3.2K1.0394.6239408,1652,133
2019-05-23$6.37$7.0048.3%13.8%50.6%30.2%43.5%5.2%-4.8%11.3K851.1K-2.8K0.2996.71139408,1652,149
2019-05-24$6.55$7.0040.6%11.7%50.8%22.6%42.1%2.2%3.0%14.8K791.6K-3.2K0.29101.37136408,2652,149
2019-05-28$6.41$7.0048.4%13.9%51.1%30.3%40.6%8.4%-1.6%11.8K851.6K-2.8K0.9199.7611108,2652,149
2019-05-29$6.22$7.0048.8%14.0%49.7%30.7%47.1%11.7%-2.9%9.4K871.9K-2.5K0.1293.51642768,2762,133
2019-05-30$6.13$7.0043.3%12.4%36.4%25.3%42.8%4.8%5.5%4.3K979.8K-1.8K0.2794.606421757,7942,190
2019-05-31$6.07$7.0049.5%14.2%32.4%31.4%48.0%8.5%-1.5%4.8K956.5K-1.8K0.2792.726421757,7942,140