CALX Options History — March 2022

In March 2022, CALX traded between $40.90 and $54.22. ATM implied volatility averaged 65.5%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 0.2% (HV 20d: 65.3%). Max pain ranged from $35.00 to $60.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 2.01.

Notable Days

  • 2022-03-22: Highest Volume — 1,230 contracts
  • 2022-03-08: Largest IV drop — 18.1% change
  • 2022-03-07: Highest IV Rank — 96.2%
  • 2022-03-07: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.48$40.90$54.22$51.95$43.25
Max Pain$46.43$35.00$60.00$50.00$40.00
ATM IV65.5%55.8%87.0%72.1%57.3%
Expected Move19.8%17.0%24.9%20.7%19.2%
HV 20d65.3%54.7%71.5%54.9%68.5%
HV 60d74.0%69.6%76.2%73.7%71.2%
IV Rank44.1%20.7%96.2%60.2%24.2%
IV Percentile71.3%40.5%99.2%92.5%44.8%
Term Structure0.8%-6.7%13.1%-5.0%13.1%
VWIV71.8%59.2%86.1%71.4%71.2%
Skew 25d8.2%0.5%15.6%10.8%6.1%
Skew 10d18.4%-3.2%50.5%21.7%35.8%
Call IV 25d62.0%53.7%71.8%64.7%56.8%
Put IV 25d70.3%61.1%79.8%75.4%62.9%
Bid-Ask Spread %55.0933.5884.9061.9945.03
Gamma HHI0.160.110.270.160.12
Net GEX-26.2K-70.8K99.5K66.5K-45.9K
Net DEX2.2M-2.5M4.5M-1.3M2.6M
Net VEX-37.4K-48.6K-31.5K-47.1K-34.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.011.333.231.662.89
Total Volume941.6097731,2301,0391,084
Total OI5,584.3044,2986,1735,9515,022

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$51.95$50.0072.1%20.7%54.9%60.2%71.4%10.8%-5.0%66.5K-1.3M-47.1K1.6661.993906493,5182,433
2022-03-02$54.22$50.0066.3%19.0%54.7%46.2%71.2%9.4%-0.6%99.5K-2.5M-48.6K1.6860.803155283,5322,448
2022-03-03$50.56$50.0069.0%19.8%59.4%52.6%72.5%9.1%-1.3%42.1K-500.3K-46.2K1.7269.793105323,5102,475
2022-03-04$47.66$50.0074.2%21.3%62.7%65.3%76.0%9.0%-5.2%4.2K1.2M-43.0K1.3367.073805073,5402,492
2022-03-07$47.06$50.0087.0%24.9%62.3%96.2%86.1%12.0%-4.0%-5.9K1.7M-41.0K2.0869.293106443,4942,541
2022-03-08$46.00$50.0071.2%22.3%62.7%58.1%77.6%8.1%-4.2%-34.8K2.1M-40.7K1.7675.442804933,4932,645
2022-03-09$48.18$50.0068.2%20.8%61.1%50.6%75.0%7.7%-4.2%-23.1K1.5M-40.7K1.6776.612954933,4982,622
2022-03-10$46.84$50.0068.3%21.8%60.8%50.9%75.7%7.5%-2.0%-37.1K2.2M-39.3K1.7978.322925233,5392,622
2022-03-11$43.37$50.0069.9%22.8%64.7%54.8%83.7%6.7%-4.2%-51.6K3.5M-35.5K1.9384.903035863,5422,631
2022-03-14$40.90$50.0073.1%19.5%66.3%62.6%64.9%5.8%-5.4%-52.4K4.5M-31.5K2.1538.912916253,5362,607
2022-03-15$42.02$50.0071.9%19.2%67.8%59.7%61.9%4.8%-6.7%-56.8K4.2M-32.5K1.7052.653325653,5132,566
2022-03-16$44.64$50.0067.9%18.1%66.5%50.0%62.0%0.5%-3.8%-70.8K3.4M-34.5K1.8558.592965493,5352,562
2022-03-17$45.87$0.0061.3%18.6%67.7%34.1%0.0%10.9%5.0%-39.8K2.7M-34.7K1.7150.363135343,5272,578
2022-03-18$47.06$0.0060.3%17.0%66.6%31.6%59.2%7.4%-4.9%-45.8K2.5M-35.4K1.5340.773275003,5182,577
2022-03-21$44.80$60.0062.0%19.8%68.3%35.8%66.0%6.4%4.3%-42.5K2.3M-33.4K1.5745.964166522,1792,119
2022-03-22$45.96$40.0059.5%19.0%69.3%29.6%69.8%8.3%8.0%-37.8K1.9M-37.5K1.8761.084298012,3252,352
2022-03-23$43.49$35.0059.5%19.2%71.4%29.6%70.9%7.1%7.9%-43.3K2.9M-35.2K2.0939.743367022,3672,466
2022-03-24$42.64$40.0057.6%18.2%71.5%24.9%70.8%5.5%5.4%-43.3K3.1M-34.3K2.1941.573217022,3812,479
2022-03-25$42.40$40.0057.3%18.9%67.6%24.2%69.1%15.6%8.2%-43.3K3.1M-35.0K2.5233.582766952,3792,481
2022-03-28$41.66$40.0059.2%18.6%67.5%28.9%70.0%7.6%5.1%-46.8K3.6M-32.2K2.3439.002906802,3932,485
2022-03-29$43.92$40.0055.8%17.8%70.2%20.7%77.6%10.6%4.8%-47.2K2.8M-34.8K3.2334.912558242,4222,484
2022-03-30$41.54$40.0057.0%18.5%69.4%23.6%77.4%12.5%8.6%-47.3K3.5M-32.1K2.9840.792597732,4372,574
2022-03-31$43.25$40.0057.3%19.2%68.5%24.2%71.2%6.1%13.1%-45.9K2.6M-34.5K2.8945.032798052,4602,562