CALX Options History — April 2023

In April 2023, CALX traded between $44.58 and $56.02. ATM implied volatility averaged 57.2%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 18.7% (HV 20d: 38.4%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.84.

Notable Days

2023-04-19: Highest Volume — 3,533 contracts
2023-04-12: Largest IV drop — 30.7% change
2023-04-11: Highest IV Rank — 84.9%
2023-04-05: Largest Expected Move — 20.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.24	$44.58	$56.02	$53.51	$45.62
Max Pain	$52.89	$50.00	$55.00	$55.00	$50.00
ATM IV	57.2%	39.3%	84.8%	60.2%	39.3%
Expected Move	15.4%	11.3%	20.7%	17.2%	11.3%
HV 20d	38.4%	34.2%	42.1%	37.7%	42.1%
HV 60d	41.7%	36.2%	53.3%	53.3%	36.2%
IV Rank	34.1%	0.0%	84.9%	38.3%	0.0%
IV Percentile	44.5%	0.0%	98.8%	59.5%	0.0%
Term Structure	-5.3%	-14.7%	3.5%	-5.5%	1.2%
VWIV	53.3%	38.8%	71.7%	61.5%	38.8%
Skew 25d	7.0%	0.1%	11.2%	8.5%	8.4%
Skew 10d	14.3%	-8.6%	43.9%	14.5%	7.3%
Call IV 25d	51.1%	36.1%	65.2%	58.5%	36.1%
Put IV 25d	58.1%	43.3%	75.3%	67.0%	44.5%
Bid-Ask Spread %	71.64	57.23	88.94	88.94	80.67
Gamma HHI	0.33	0.29	0.45	0.36	0.33
Net GEX	113.1K	-48.2K	199.7K	83.8K	78.3K
Net DEX	-621.5K	-4.5M	4.7M	-1.2M	158.9K
Net VEX	-12.0K	-17.5K	-8.0K	-10.5K	-9.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.07	3.83	0.34	0.68
Total Volume	641.789	48	3,533	1,675	52
Total OI	3,912.316	2,116	7,245	2,116	3,219

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
2023-04-03	$53.51	$55.00	60.2%	17.2%	37.7%	38.3%	61.5%	8.5%	-5.5%	83.8K	-1.2M	-10.5K	0.34	88.94	1,251	424	1,452	664
2023-04-04	$55.52	$55.00	67.0%	19.2%	39.6%	51.2%	66.6%	5.5%	-11.3%	197.8K	-4.2M	-17.1K	1.26	81.37	113	142	2,421	1,064
2023-04-05	$55.96	$55.00	72.2%	20.7%	39.5%	61.1%	71.7%	10.1%	-14.7%	196.1K	-4.5M	-17.5K	0.07	78.72	694	52	2,502	1,164
2023-04-06	$55.38	$55.00	69.5%	16.3%	38.1%	56.0%	54.1%	10.6%	-7.1%	197.4K	-4.0M	-17.0K	1.09	57.23	23	25	2,497	1,215
2023-04-10	$56.02	$55.00	84.5%	16.5%	34.2%	84.3%	55.7%	9.3%	-7.0%	199.7K	-4.4M	-15.6K	0.09	57.89	178	16	2,496	1,200
2023-04-11	$53.34	$55.00	84.8%	16.4%	39.5%	84.9%	57.8%	10.7%	-6.3%	171.6K	-2.5M	-14.7K	1.95	61.75	138	269	2,600	1,205
2023-04-12	$50.97	$55.00	58.8%	16.9%	40.7%	35.7%	54.4%	9.8%	-7.9%	100.2K	-307.9K	-13.7K	1.00	62.60	31	31	2,703	1,394
2023-04-13	$51.53	$55.00	60.1%	17.2%	40.8%	38.1%	61.1%	9.2%	-9.8%	116.8K	-1.0M	-13.7K	1.44	68.77	82	118	2,704	1,368
2023-04-14	$50.04	$55.00	58.7%	16.8%	37.8%	41.2%	58.3%	11.2%	-8.9%	82.8K	374.2K	-12.2K	0.51	67.58	43	22	2,747	1,398
2023-04-17	$50.38	$55.00	59.7%	17.1%	37.0%	43.4%	57.5%	9.0%	-8.3%	93.2K	88.5K	-10.8K	0.18	71.53	163	30	2,746	1,401
2023-04-18	$48.84	$55.00	57.7%	16.5%	38.2%	39.0%	57.9%	7.0%	-9.8%	45.7K	1.5M	-9.3K	3.83	70.62	60	230	2,829	1,413
2023-04-19	$48.48	$50.00	60.9%	17.5%	36.1%	46.0%	61.0%	4.9%	-10.6%	64.4K	1.0M	-8.7K	0.30	63.18	2,727	806	2,841	1,455
2023-04-20	$47.49	$50.00	44.9%	12.9%	34.9%	11.0%	43.0%	0.1%	3.5%	-48.2K	4.7M	-8.0K	0.18	82.81	2,628	462	4,069	2,168
2023-04-21	$47.77	$50.00	40.3%	11.5%	35.1%	0.8%	41.6%	1.3%	-0.7%	152.9K	3.6M	-11.4K	0.15	74.12	698	108	5,128	2,117
2023-04-24	$48.68	$50.00	39.9%	11.4%	35.9%	0.0%	41.7%	6.6%	1.2%	190.1K	-1.4M	-12.3K	1.08	72.12	76	82	2,364	571
2023-04-25	$45.81	$50.00	43.6%	12.5%	40.8%	8.0%	44.0%	6.3%	0.1%	105.8K	-339.1K	-10.5K	1.13	67.74	61	69	2,382	612
2023-04-26	$44.58	$50.00	42.8%	12.3%	41.4%	6.3%	44.2%	0.6%	0.4%	54.2K	412.1K	-8.2K	0.39	71.29	129	50	2,423	635
2023-04-27	$44.70	$50.00	41.4%	11.9%	41.0%	3.4%	41.8%	4.3%	0.7%	66.5K	300.9K	-8.8K	0.29	82.21	86	25	2,482	685
2023-04-28	$45.62	$50.00	39.3%	11.3%	42.1%	0.0%	38.8%	8.4%	1.2%	78.3K	158.9K	-9.0K	0.68	80.67	31	21	2,517	702