CALX Options History — May 2024

In May 2024, CALX traded between $27.99 and $35.98. ATM implied volatility averaged 31.8%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 3.6% (HV 20d: 28.2%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 2.57.

Notable Days

  • 2024-05-14: Highest Volume — 337 contracts
  • 2024-05-21: Largest IV spike — 52.7% change
  • 2024-05-17: Highest IV Rank — 28.0%
  • 2024-05-17: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.43$27.99$35.98$27.99$35.98
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV31.8%20.8%41.7%37.9%33.6%
Expected Move9.1%6.0%11.9%10.9%9.6%
HV 20d28.2%18.6%33.9%30.9%25.0%
HV 60d31.7%29.7%34.8%33.8%31.1%
IV Rank12.5%0.0%28.0%21.2%21.1%
IV Percentile9.7%0.0%63.5%32.1%9.5%
Term Structure3.0%-19.8%15.3%-4.2%6.5%
VWIV31.1%26.3%35.5%30.6%34.6%
Skew 25d0.6%-14.0%10.3%-14.0%10.3%
Skew 10d4.2%-13.0%34.1%-13.0%16.6%
Call IV 25d29.8%21.5%38.4%38.4%25.3%
Put IV 25d30.4%21.4%38.4%24.4%35.6%
Bid-Ask Spread %91.1672.04109.8778.0686.54
Gamma HHI0.370.270.470.310.38
Net GEX59.6K2.2K98.9K2.2K98.9K
Net DEX-1.2M-3.7M1.0M1.0M-3.7M
Net VEX-13.5K-15.5K-11.3K-11.3K-15.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.570.0026.678.000.83
Total Volume139.3641333745212
Total OI4,952.5453,3096,1145,8033,702

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$27.99$30.0037.9%10.9%30.9%21.2%30.6%-14.0%-4.2%2.2K1.0M-11.3K8.0078.065403,8032,000
2024-05-02$28.74$30.0034.5%9.9%32.2%14.9%34.5%-0.6%-1.1%27.5K536.6K-11.8K0.5883.24110643,8062,005
2024-05-03$29.50$30.0031.8%9.1%33.9%10.1%31.9%6.2%0.7%47.1K5.4K-12.9K0.3572.04139483,8582,063
2024-05-06$29.82$30.0032.4%9.3%33.4%11.1%33.0%3.7%4.9%50.9K-270.5K-12.6K1.2493.9433413,8592,069
2024-05-07$30.19$30.0030.9%9.1%33.1%8.5%0.0%3.9%4.6%58.4K-579.8K-12.6K0.1893.41249463,8402,052
2024-05-08$30.43$30.0031.6%9.1%32.4%9.6%0.0%6.0%5.3%72.1K-907.5K-13.7K1.2976.3014183,9992,029
2024-05-09$30.02$30.0029.5%8.7%32.6%5.9%0.0%-3.9%6.2%73.2K-543.6K-13.0K26.6793.633804,0132,023
2024-05-10$30.55$30.0029.4%8.6%30.6%5.6%30.1%-3.9%13.2%75.0K-1.2M-14.0K0.0688.5610974,0122,102
2024-05-13$30.69$30.0036.9%8.8%29.3%19.3%30.8%-1.3%6.5%62.2K-1.1M-13.0K1.2791.321381753,9682,102
2024-05-14$31.45$30.0032.1%9.3%30.3%10.5%29.1%3.3%-7.5%50.8K-1.7M-12.8K0.0573.99321163,9222,025
2024-05-15$31.23$30.0030.2%8.7%30.2%7.2%28.2%1.1%7.4%49.5K-1.1M-12.7K9.6392.108773,8462,033
2024-05-16$31.07$30.0029.8%8.5%30.3%6.4%30.8%2.4%6.1%41.6K-1.2M-13.1K0.4794.3386403,8482,066
2024-05-17$31.31$30.0041.7%11.9%29.9%28.0%31.2%-2.6%-18.0%45.2K-1.4M-13.6K0.88106.8832283,9032,105
2024-05-20$31.21$30.0025.6%7.3%29.7%0.0%28.9%-3.9%6.2%44.1K-778.7K-13.3K0.26109.4743112,0421,267
2024-05-21$31.31$30.0039.1%11.2%18.6%24.3%26.3%-12.5%-19.8%46.2K-851.6K-13.3K0.00100.6021602,0521,278
2024-05-22$32.64$30.0028.3%8.1%22.5%4.9%35.5%-1.9%6.9%71.5K-1.7M-14.2K0.10102.05156152,1751,278
2024-05-23$32.52$30.0020.8%6.0%22.7%0.0%32.6%9.1%15.3%72.1K-1.7M-14.1K0.00109.870532,1881,293
2024-05-24$32.84$30.0029.5%8.5%22.7%14.3%28.1%7.7%7.8%73.4K-1.7M-15.0K0.0092.111302,1881,343
2024-05-28$33.60$30.0030.0%8.6%22.6%15.2%30.4%-1.5%7.0%83.5K-2.2M-14.4K0.6198.81121742,1891,343
2024-05-29$33.51$30.0030.9%8.9%22.2%16.7%30.7%-0.2%6.5%78.5K-2.0M-15.0K1.5084.40692,2171,411
2024-05-30$34.88$30.0033.1%9.5%24.5%20.4%32.7%6.2%6.4%88.0K-2.9M-15.5K0.0383.8920372,2191,420
2024-05-31$35.98$30.0033.6%9.6%25.0%21.1%34.6%10.3%6.5%98.9K-3.7M-15.4K0.8386.54116962,2821,420