CALX Options History — March 2024

In March 2024, CALX traded between $32.73 and $37.70. ATM implied volatility averaged 43.8%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 7.4% (HV 20d: 36.4%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.27.

Notable Days

2024-03-06: Highest Volume — 409 contracts
2024-03-14: Largest IV spike — 27.4% change
2024-03-14: Highest IV Rank — 54.4%
2024-03-14: Largest Expected Move — 16.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.66	$32.73	$37.70	$36.31	$33.23
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	43.8%	36.3%	58.1%	36.3%	45.5%
Expected Move	13.2%	10.4%	16.7%	10.4%	13.0%
HV 20d	36.4%	31.4%	43.1%	38.8%	34.2%
HV 60d	66.9%	66.4%	67.2%	66.6%	67.1%
IV Rank	29.9%	17.1%	54.4%	17.1%	32.8%
IV Percentile	59.4%	12.3%	88.1%	12.3%	73.8%
Term Structure	1.6%	-11.1%	8.6%	8.6%	2.9%
VWIV	46.8%	36.5%	57.3%	36.5%	46.7%
Skew 25d	1.4%	-19.5%	32.8%	-0.8%	0.5%
Skew 10d	-3.1%	-47.0%	7.5%	4.1%	-6.6%
Call IV 25d	46.4%	38.3%	66.0%	38.3%	46.2%
Put IV 25d	47.8%	37.6%	81.4%	37.6%	46.7%
Bid-Ask Spread %	79.34	59.99	90.75	71.88	86.88
Gamma HHI	0.37	0.29	0.48	0.38	0.36
Net GEX	130.4K	72.1K	198.7K	183.0K	82.4K
Net DEX	-2.5M	-6.2M	-503.8K	-4.8M	-913.5K
Net VEX	-17.2K	-21.1K	-14.3K	-21.1K	-15.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.27	0.00	9.44	0.02	9.44
Total Volume	146.85	57	409	336	94
Total OI	5,012.9	4,093	5,773	5,437	4,553

Daily Data (20 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
2024-03-01	$36.31	$35.00	36.3%	10.4%	38.8%	17.1%	36.5%	-0.8%	8.6%	183.0K	-4.8M	-21.1K	0.02	71.88	329	7	4,128	1,309
2024-03-04	$36.54	$35.00	37.3%	13.1%	38.8%	18.7%	45.6%	1.8%	2.7%	180.1K	-4.9M	-20.0K	0.44	76.49	142	62	4,031	1,308
2024-03-05	$36.37	$35.00	42.0%	13.5%	38.6%	26.8%	47.9%	1.1%	-1.6%	176.1K	-4.7M	-20.0K	0.13	77.48	110	14	4,055	1,331
2024-03-06	$37.70	$35.00	37.0%	13.4%	39.8%	18.3%	53.0%	0.5%	1.2%	198.7K	-6.2M	-20.3K	0.10	59.99	372	37	4,119	1,332
2024-03-07	$36.45	$35.00	37.6%	13.5%	42.1%	19.3%	46.6%	0.9%	1.8%	176.3K	-4.8M	-19.7K	0.23	66.81	83	19	4,152	1,354
2024-03-08	$35.92	$35.00	36.5%	13.2%	42.5%	17.4%	45.9%	1.6%	2.9%	170.6K	-4.3M	-19.4K	0.04	67.62	98	4	4,189	1,381
2024-03-11	$35.23	$35.00	43.4%	13.2%	43.1%	29.2%	47.5%	1.4%	2.8%	172.7K	-3.4M	-18.8K	0.11	74.64	181	20	4,217	1,382
2024-03-12	$34.82	$35.00	42.1%	13.0%	42.5%	27.0%	45.7%	0.4%	2.6%	184.1K	-2.7M	-18.1K	0.39	78.16	56	22	4,341	1,385
2024-03-13	$34.05	$35.00	45.6%	13.1%	35.8%	33.0%	44.4%	0.6%	3.4%	163.0K	-1.4M	-16.7K	0.21	79.77	47	10	4,354	1,373
2024-03-14	$33.23	$35.00	58.1%	16.7%	32.9%	54.4%	57.3%	9.4%	-11.1%	88.3K	-830.8K	-16.1K	1.50	88.91	32	48	4,357	1,380
2024-03-15	$34.20	$35.00	46.7%	13.4%	34.7%	34.8%	46.1%	1.5%	0.9%	96.5K	-818.6K	-15.9K	0.25	90.75	189	47	4,369	1,404
2024-03-18	$33.88	$35.00	46.4%	13.3%	34.2%	34.3%	46.5%	-0.8%	1.9%	96.0K	-1.7M	-15.5K	1.27	74.14	66	84	3,128	965
2024-03-19	$34.39	$35.00	47.4%	13.6%	32.6%	36.1%	47.4%	-0.1%	0.3%	104.8K	-2.0M	-16.1K	2.17	76.08	18	39	3,161	1,037
2024-03-20	$34.00	$35.00	43.5%	12.5%	32.5%	29.4%	43.2%	2.4%	3.0%	101.2K	-1.7M	-15.4K	2.94	83.95	16	47	3,164	1,063
2024-03-21	$34.22	$35.00	45.1%	12.9%	31.4%	32.1%	45.1%	-1.4%	2.2%	101.4K	-1.8M	-15.6K	0.73	86.33	49	36	3,173	1,085
2024-03-22	$33.28	$35.00	45.6%	13.1%	32.9%	33.0%	45.6%	-1.2%	2.2%	89.7K	-1.3M	-14.9K	0.18	90.69	55	10	3,193	1,098
2024-03-25	$33.04	$35.00	48.4%	13.9%	33.0%	37.8%	57.2%	32.8%	0.5%	83.3K	-1.1M	-14.3K	4.63	85.69	46	213	3,208	1,108
2024-03-26	$32.73	$35.00	46.2%	13.2%	32.8%	33.9%	46.8%	-3.7%	1.8%	72.1K	-503.8K	-15.2K	0.69	81.69	45	31	3,218	1,321
2024-03-27	$33.51	$35.00	45.3%	13.0%	34.1%	32.5%	41.9%	-19.5%	3.8%	88.0K	-1.1M	-15.9K	0.00	88.82	159	0	3,212	1,320
2024-03-28	$33.23	$35.00	45.5%	13.0%	34.2%	32.8%	46.7%	0.5%	2.9%	82.4K	-913.5K	-15.6K	9.44	86.88	9	85	3,233	1,320