Caleres (CAL) Options Chain

NYSE: CALConsumer DiscretionaryShoe ManufacturingUSD

12.09-0.34 (-2.74%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $12.09
Put/call ratio (OI): 0.29
Put/call ratio (volume): 0.38
ATM implied volatility: 60.1%
Expected move: ±$2.40
Open interest (C / P): 3.44K / 986

CAL options summary

The CAL options chain for the November 20, 2026 expiration lists 8 call and 6 put contracts, with 40 days until expiration. Open interest stands at 3,437 calls and 986 puts, a put/call ratio of 0.29, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.50 strike is 60.1%, which implies the market expects a move of about ±$2.40 (19.9%) in Caleres stock by expiration.

The most open interest sits at the $17.50 call (1.97K contracts) and the $12.50 put (883 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CAL options chain · November 20, 2026

CAL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
0	6	343.0%	10.23	9.20	10.40	2.50	—	—	—	—	—	—
7	1	223.1%	7.85	6.80	8.00	5.00	0.00	0.45	0.10	203.9%	46	11
1	1	304.9%	6.10	5.80	7.10	7.50	0.00	0.45	0.18	122.7%	5	6
110	110	89.5%	2.57	2.30	2.90	10.00	0.20	0.50	0.34	75.2%	1	61
CAL $12.09
241	210	64.3%	1.20	0.65	1.05	12.50	1.00	1.25	1.00	55.9%	72	883
1,105	5	63.7%	0.40	0.05	0.40	15.00	2.55	3.30	2.75	77.9%	2	25
1,973	3	87.5%	0.11	0.00	0.40	17.50	—	—	—	—	—	—
0	—	50.0%	0.50	0.00	0.00	20.00	—	—	—	—	—	—
—	—	—	—	—	—	27.50	15.00	16.70	14.15	184.0%	—	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CAL put/call ratio?

For the November 20, 2026 expiration, the CAL put/call ratio based on open interest is 0.29 (986 puts vs 3,437 calls), and 0.38 based on today's volume. A ratio above 1 means more puts than calls.

What is CAL's implied volatility?

At-the-money implied volatility for CAL options expiring November 20, 2026 is about 60.1%, an annualized estimate of how much the market expects Caleres stock to move.

How many CAL option expiration dates are there?

CAL has 5 listed expiration dates, from Oct 16, 2026 to May 21, 2027.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.