Clearwater Paper (CLW) Options Chain
NYSE: CLWBasic MaterialsPaperUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Jan 15, 2027
- Days to expiration
- 96
- Share price
- $18.97
- Put/call ratio (OI)
- 0.01
- Put/call ratio (volume)
- 0.00
- Expected move
- ±$5.74
- Open interest (C / P)
- 2.04K / 26
CLW options summary
The CLW options chain for the January 15, 2027 expiration lists 8 call and 3 put contracts, with 96 days until expiration. Open interest stands at 2,037 calls and 26 puts, a put/call ratio of 0.01, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 59.0%, which implies the market expects a move of about ±$5.74 (30.2%) in Clearwater Paper stock by expiration.
The most open interest sits at the $25.00 call (1.00K contracts) and the $17.50 put (12 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CLW options chain · January 15, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 12.25 | 10.00 | 12.40 | 10.00 | 0.00 | 1.80 | 0.45 | |||||
| 2.25 | 0.00 | 0.00 | 15.00 | — | — | — | |||||
| 2.70 | 4.60 | 6.70 | 17.50 | 1.00 | 1.65 | 1.35 | |||||
| 3.80 | 1.55 | 2.20 | 20.00 | — | — | — | |||||
| 1.15 | 0.85 | 2.20 | 22.50 | 3.30 | 5.70 | 3.80 | |||||
| 0.75 | 0.45 | 0.85 | 25.00 | — | — | — | |||||
| 0.30 | 0.00 | 0.75 | 35.00 | — | — | — | |||||
| 0.45 | 0.00 | 1.75 | 40.00 | — | — | — | |||||
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 CLW put/call ratio?
For the January 15, 2027 expiration, the CLW put/call ratio based on open interest is 0.01 (26 puts vs 2,037 calls), and 0.00 based on today's volume. A ratio above 1 means more puts than calls.
What is CLW's implied volatility?
At-the-money implied volatility for CLW options expiring January 15, 2027 is about 59.0%, an annualized estimate of how much the market expects Clearwater Paper stock to move.
How many CLW option expiration dates are there?
CLW has 5 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.