CALX Options History — February 2023

In February 2023, CALX traded between $50.51 and $54.47. ATM implied volatility averaged 49.3%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 4.9% (HV 20d: 54.1%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.26.

Notable Days

2023-02-21: Highest Volume — 416 contracts
2023-02-06: Largest IV spike — 10.1% change
2023-02-06: Highest IV Rank — 25.2%
2023-02-01: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.14	$50.51	$54.47	$53.95	$51.07
Max Pain	$56.32	$55.00	$60.00	$60.00	$55.00
ATM IV	49.3%	45.1%	57.3%	52.4%	46.6%
Expected Move	13.9%	12.9%	15.0%	15.0%	13.3%
HV 20d	54.1%	29.3%	80.4%	79.8%	29.3%
HV 60d	56.2%	52.5%	59.0%	59.0%	52.5%
IV Rank	8.6%	0.0%	25.2%	14.9%	3.1%
IV Percentile	7.5%	0.0%	37.3%	11.9%	1.6%
Term Structure	-0.1%	-2.9%	1.4%	-2.9%	0.7%
VWIV	47.2%	42.9%	52.3%	52.3%	42.9%
Skew 25d	5.3%	0.5%	7.6%	0.5%	4.7%
Skew 10d	9.0%	-0.3%	15.1%	5.7%	1.0%
Call IV 25d	45.9%	42.9%	51.8%	51.8%	42.9%
Put IV 25d	51.3%	47.6%	53.7%	52.3%	47.6%
Bid-Ask Spread %	56.90	30.71	74.22	73.44	57.79
Gamma HHI	0.25	0.17	0.31	0.27	0.31
Net GEX	45.6K	-49.6K	203.3K	178.3K	70.4K
Net DEX	1.1M	-466.9K	3.0M	278.5K	38.0K
Net VEX	-11.9K	-20.3K	-7.9K	-19.7K	-9.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.26	0.01	16.20	0.37	0.01
Total Volume	148.474	20	416	204	177
Total OI	7,064.526	1,898	9,322	9,142	2,605

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-02-01	$53.95	$60.00	52.4%	15.0%	79.8%	14.9%	52.3%	0.5%	-2.9%	178.3K	278.5K	-19.7K	0.37	73.44	149	55	7,082	2,060
2023-02-02	$54.47	$55.00	52.1%	13.9%	80.1%	14.3%	47.9%	6.5%	0.1%	203.3K	-2.0K	-20.3K	0.29	62.19	122	35	7,076	2,103
2023-02-03	$52.73	$60.00	52.0%	14.0%	80.4%	14.2%	48.6%	6.7%	-0.7%	80.4K	1.8M	-16.4K	0.33	62.20	51	17	7,063	2,113
2023-02-06	$52.39	$60.00	57.3%	14.6%	74.6%	25.2%	50.0%	6.2%	-1.2%	34.6K	2.3M	-14.4K	0.18	53.90	187	34	7,070	2,122
2023-02-07	$51.19	$60.00	53.8%	14.3%	74.5%	17.9%	49.0%	4.5%	-0.2%	-19.1K	2.7M	-12.7K	0.66	60.01	74	49	7,214	2,047
2023-02-08	$50.70	$60.00	50.3%	14.4%	74.4%	10.6%	49.1%	5.2%	-1.0%	-49.6K	3.0M	-11.7K	0.21	65.85	101	21	7,241	2,037
2023-02-09	$51.52	$55.00	50.1%	14.4%	54.6%	10.2%	47.8%	6.4%	-0.7%	-28.5K	2.1M	-11.8K	1.92	65.71	26	50	7,247	1,912
2023-02-10	$52.42	$55.00	50.4%	14.4%	46.8%	10.8%	46.7%	6.3%	0.2%	13.3K	1.4M	-12.0K	0.46	56.92	81	37	7,240	1,912
2023-02-13	$52.56	$55.00	48.5%	13.9%	46.6%	6.8%	49.6%	6.1%	-0.4%	1.3K	1.5M	-10.6K	0.34	62.20	76	26	7,299	1,901
2023-02-14	$53.53	$55.00	47.1%	13.5%	46.9%	3.8%	47.8%	7.6%	0.5%	61.4K	848.8K	-10.9K	1.06	40.49	35	37	7,344	1,920
2023-02-15	$53.22	$55.00	45.1%	12.9%	45.0%	0.0%	45.2%	5.3%	1.4%	42.7K	1.2M	-9.7K	0.42	65.84	102	43	7,331	1,914
2023-02-16	$53.34	$55.00	45.4%	13.0%	43.9%	0.6%	48.8%	6.0%	1.3%	58.5K	1.0M	-10.0K	16.20	72.18	10	162	7,390	1,932
2023-02-17	$52.09	$55.00	47.4%	13.6%	44.2%	4.8%	43.7%	5.3%	-0.2%	-1.1K	1.8M	-8.4K	0.71	42.77	72	51	7,390	1,896
2023-02-21	$50.90	$55.00	48.9%	14.0%	43.5%	8.1%	47.7%	4.0%	0.1%	-10.4K	778.4K	-7.9K	0.05	30.71	397	19	1,120	778
2023-02-22	$50.98	$55.00	47.8%	13.7%	43.6%	5.7%	44.6%	6.8%	0.2%	29.3K	361.4K	-9.5K	0.04	74.22	259	10	1,492	786
2023-02-23	$52.41	$55.00	46.8%	13.4%	45.2%	3.6%	45.2%	4.1%	0.4%	85.8K	-466.9K	-11.0K	0.31	56.73	117	36	1,676	782
2023-02-24	$50.67	$55.00	47.0%	13.5%	45.2%	4.0%	45.6%	4.1%	0.5%	60.3K	111.5K	-10.5K	0.33	42.39	15	5	1,771	800
2023-02-27	$50.51	$55.00	47.4%	13.6%	30.3%	5.0%	45.2%	5.3%	0.0%	54.9K	197.4K	-9.5K	0.08	35.68	77	6	1,775	785
2023-02-28	$51.07	$55.00	46.6%	13.3%	29.3%	3.1%	42.9%	4.7%	0.7%	70.4K	38.0K	-9.6K	0.01	57.79	175	2	1,819	786