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: Dec 18, 2026
Days to expiration: 68
Share price: $12.09
Put/call ratio (OI): 3.13
Put/call ratio (volume): 1.14
ATM implied volatility: 66.0%
Expected move: ±$3.44
Open interest (C / P): 2.02K / 6.34K

CAL options summary

The CAL options chain for the December 18, 2026 expiration lists 11 call and 7 put contracts, with 68 days until expiration. Open interest stands at 2,024 calls and 6,338 puts, a put/call ratio of 3.13, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $12.50 strike is 66.0%, which implies the market expects a move of about ±$3.44 (28.5%) in Caleres stock by expiration.

The most open interest sits at the $17.50 call (1.21K contracts) and the $7.50 put (2.85K contracts).

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

CAL options chain · December 18, 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
6	14	276.6%	9.45	9.30	10.40	2.50	0.00	0.40	0.05	257.8%	1	307
6	—	185.2%	8.60	6.30	7.50	5.00	0.00	0.50	0.12	159.8%	15	53
3	2	118.6%	5.59	4.60	5.50	7.50	0.05	0.25	0.30	83.4%	10	2,845
18	3	104.7%	3.90	2.90	3.50	10.00	0.40	0.75	0.65	72.3%	50	2,040
CAL $12.09
98	5	71.6%	1.20	1.05	1.60	12.50	1.35	1.65	1.60	60.5%	50	1,054
383	12	70.1%	0.40	0.40	0.75	15.00	2.85	3.60	3.20	54.7%	22	39
1,212	41	70.9%	0.40	0.05	0.45	17.50	—	—	—	—	—	—
224	1	82.4%	0.15	0.00	0.40	20.00	7.10	8.30	8.33	98.8%	1	0
29	23	109.8%	0.45	0.05	0.65	22.50	—	—	—	—	—	—
26	10	128.1%	0.76	0.25	0.60	25.00	—	—	—	—	—	—
19	20	125.0%	0.23	0.05	0.50	27.50	—	—	—	—	—	—

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 December 18, 2026 expiration, the CAL put/call ratio based on open interest is 3.13 (6,338 puts vs 2,024 calls), and 1.14 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 December 18, 2026 is about 66.0%, 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.