Caledonia Mining Plc (CMCL) Options Chain
NYSE: CMCLBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $23.75
- Put/call ratio (OI)
- 0.63
- Put/call ratio (volume)
- 0.42
- Expected move
- ±$4.47
- Open interest (C / P)
- 24 / 15
CMCL options summary
The CMCL options chain for the November 20, 2026 expiration lists 4 call and 3 put contracts, with 40 days until expiration. Open interest stands at 24 calls and 15 puts, a put/call ratio of 0.63, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.50 strike is 56.8%, which implies the market expects a move of about ±$4.47 (18.8%) in Caledonia Mining Plc stock by expiration.
The most open interest sits at the $25.00 call (19 contracts) and the $22.50 put (7 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CMCL options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 9.45 | 7.50 | 10.20 | 15.00 | — | — | — | |||||
| 6.82 | 5.10 | 7.70 | 17.50 | — | — | — | |||||
| — | — | — | 20.00 | 0.10 | 1.15 | 0.53 | |||||
| — | — | — | 22.50 | 0.75 | 1.65 | 1.00 | |||||
| 0.82 | 0.55 | 1.65 | 25.00 | 1.90 | 2.70 | 2.15 | |||||
| 0.35 | 0.15 | 0.75 | 30.00 | — | — | — | |||||
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 CMCL put/call ratio?
For the November 20, 2026 expiration, the CMCL put/call ratio based on open interest is 0.63 (15 puts vs 24 calls), and 0.42 based on today's volume. A ratio above 1 means more puts than calls.
What is CMCL's implied volatility?
At-the-money implied volatility for CMCL options expiring November 20, 2026 is about 56.8%, an annualized estimate of how much the market expects Caledonia Mining Plc stock to move.
How many CMCL option expiration dates are there?
CMCL has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.