Clearwater Paper Corporation (CLW) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
Clearwater Paper Corporation (CLW) operates in the Basic Materials sector, specifically the Paper, Lumber & Forest Products industry, with a market capitalization near $217.9M, listed on NYSE, employing roughly 2,200 people, carrying a beta of 0.21 to the broader market. Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. Led by Arsen S. Kitch, public since 2008-12-05.
Snapshot as of May 14, 2026.
- Spot Price
- $13.66
- Total OI
- 3.3K
- Total Volume
- 0
- Front Expiration
- 35 days
- Second Expiration
- 64 days
- ATM IV
- 71.5%
- Avg Bid/Ask Spread
- 52.93%
As of May 14, 2026, Clearwater Paper Corporation (CLW) has 3.3K open contracts and 0 contracts traded. The nearest expiration is 35 days out, followed by 64 days. ATM implied volatility is 71.5%. Average bid/ask spread across the chain is 52.93%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How CLW options chain Data Feeds Strategy Selection
Strategy selection on Clearwater Paper Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 71.5% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked CLW options chain questions
- What does the CLW options chain show right now?
- As of May 14, 2026, Clearwater Paper Corporation (CLW) has 3.3K contracts outstanding and 0 traded today, with ATM IV of 71.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for CLW options?
- The nearest expiration is 35 days out, followed by 64 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are CLW options bid/ask spreads?
- Average bid/ask spread across the chain is 52.93%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.