CALX Options History — January 2023

In January 2023, CALX traded between $51.03 and $69.73. ATM implied volatility averaged 58.2%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded below realized volatility by 4.3% (HV 20d: 62.5%). Max pain ranged from $55.00 to $70.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.71.

Notable Days

  • 2023-01-11: Highest Volume — 5,958 contracts
  • 2023-01-11: Largest IV spike — 60.1% change
  • 2023-01-25: Highest IV Rank — 64.9%
  • 2023-01-25: Largest Expected Move — 21.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.99$51.03$69.73$67.88$52.72
Max Pain$64.00$55.00$70.00$65.00$60.00
ATM IV58.2%45.3%76.1%50.8%52.3%
Expected Move17.5%14.6%21.8%14.6%15.0%
HV 20d62.5%34.0%79.2%34.0%79.0%
HV 60d59.7%55.4%65.4%56.2%58.9%
IV Rank26.9%0.0%64.9%8.8%14.8%
IV Percentile36.3%0.0%95.6%6.3%11.5%
Term Structure-5.6%-15.4%10.3%10.3%-2.8%
VWIV60.3%43.0%75.9%43.0%53.8%
Skew 25d6.3%1.3%10.2%6.4%1.3%
Skew 10d11.7%-1.8%24.0%-1.8%2.7%
Call IV 25d58.6%46.8%73.7%48.1%53.8%
Put IV 25d64.8%51.9%80.0%54.5%55.2%
Bid-Ask Spread %57.6846.5677.1968.0069.95
Gamma HHI0.270.180.400.380.25
Net GEX234.0K35.7K514.4K212.5K131.4K
Net DEX-3.1M-9.8M2.2M-3.8M1.1M
Net VEX-22.9K-36.2K-11.6K-19.7K-19.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.003.453.450.19
Total Volume890.05235,95849445
Total OI6,570.953,9969,4203,9969,111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$67.88$65.0050.8%14.6%34.0%8.8%43.0%6.4%10.3%212.5K-3.8M-19.7K3.4568.0011382,7161,280
2023-01-04$66.48$65.0051.7%14.8%34.6%10.9%48.7%5.1%9.1%164.9K-2.4M-17.2K0.3177.1980252,7161,300
2023-01-05$65.00$70.0049.0%17.7%34.8%5.0%62.8%8.4%-6.5%112.9K-1.2M-15.7K1.9653.1325492,7061,309
2023-01-06$69.73$70.0045.3%16.9%43.6%0.0%58.4%8.8%-4.4%281.2K-4.9M-18.7K0.2456.25160392,7061,330
2023-01-09$69.52$70.0046.7%17.7%39.9%2.9%57.5%9.6%-7.1%277.1K-4.6M-17.1K0.5858.552091222,6981,330
2023-01-10$69.42$70.0046.2%17.3%39.8%1.9%59.3%10.2%-6.8%293.3K-4.6M-17.2K0.0053.152302,8361,350
2023-01-11$59.58$70.0073.9%21.2%65.6%60.3%70.6%10.2%-11.4%35.7K1.4M-11.6K0.6254.873,6792,2792,8421,349
2023-01-12$64.08$65.0064.6%18.5%72.0%40.7%63.7%7.1%-10.4%321.3K-7.5M-33.6K0.7149.043912775,5492,204
2023-01-13$64.55$65.0057.2%16.4%72.0%25.0%57.6%6.6%-4.8%337.6K-7.3M-33.8K0.8452.031611355,5592,338
2023-01-17$62.56$65.0062.0%17.8%70.9%35.1%63.0%5.7%-9.8%221.7K-4.6M-29.2K0.7654.41110845,6122,448
2023-01-18$59.89$65.0063.1%18.1%72.0%37.6%63.3%6.3%-9.8%142.6K-1.9M-25.7K0.2662.0482215,5932,456
2023-01-19$57.92$65.0062.4%17.9%72.1%36.0%62.9%6.4%-5.8%128.0K-396.4K-21.8K0.9563.082212105,6052,420
2023-01-20$56.93$65.0066.6%19.1%71.9%44.8%64.7%8.6%-8.2%190.5K-455.9K-20.4K0.7868.024823745,7672,324
2023-01-23$58.17$65.0064.0%18.4%72.6%39.5%66.2%5.6%-7.7%265.4K-2.7M-23.6K0.0351.84935304,244845
2023-01-24$57.89$55.0071.7%20.6%72.5%55.6%71.9%4.6%-13.1%367.6K-6.4M-30.0K0.0160.352,062285,149864
2023-01-25$58.03$55.0076.1%21.8%72.4%64.9%75.9%6.4%-15.4%495.1K-9.8M-36.2K0.6246.561,1106917,063884
2023-01-26$56.11$55.0051.8%14.8%73.0%13.7%51.7%3.1%-2.2%514.4K-5.5M-30.7K0.3954.901,4675727,7951,625
2023-01-27$51.03$60.0054.9%15.7%79.2%20.2%55.0%2.4%-2.8%72.9K2.2M-17.7K1.2249.683614396,7291,912
2023-01-30$52.23$60.0054.7%15.7%78.6%19.8%55.2%2.5%-2.4%113.0K1.4M-17.7K0.3350.59281936,9441,911
2023-01-31$52.72$60.0052.3%15.0%79.0%14.8%53.8%1.3%-2.8%131.4K1.1M-19.3K0.1969.95374717,0972,014