California Resources (CRC) Options Chain

NYSE: CRCEnergyOil & Gas ProductionUSD

52.96-0.09 (-0.17%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $52.96
Put/call ratio (OI): 2.76
Put/call ratio (volume): 0.20
ATM implied volatility: 40.0%
Expected move: ±$10.86
Open interest (C / P): 100 / 276

CRC options summary

The CRC options chain for the January 15, 2027 expiration lists 11 call and 13 put contracts, with 96 days until expiration. Open interest stands at 100 calls and 276 puts, a put/call ratio of 2.76, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $52.50 strike is 40.0%, which implies the market expects a move of about ±$10.86 (20.5%) in California Resources stock by expiration.

The most open interest sits at the $62.50 call (41 contracts) and the $47.50 put (249 contracts).

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

CRC options chain · January 15, 2027

CRC 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
—	—	—	—	—	—	27.50	0.00	1.75	0.35	98.3%	—	1
—	—	—	—	—	—	30.00	0.00	0.00	0.50	25.0%	1	0
—	—	—	—	—	—	32.50	0.00	2.55	0.50	86.8%	—	1
—	—	—	—	—	—	35.00	0.00	2.05	0.70	71.4%	—	1
1	—	78.4%	22.40	14.30	17.40	37.50	0.10	0.75	0.40	56.6%	1	1
—	—	—	—	—	—	40.00	0.10	2.75	0.65	60.4%	1	1
—	—	—	—	—	—	42.50	0.35	1.15	1.00	47.3%	1	1
—	—	—	—	—	—	45.00	0.95	1.40	1.30	42.3%	4	15
—	—	—	—	—	—	47.50	1.55	1.95	1.85	40.0%	5	249
2	10	52.0%	6.40	4.50	7.10	50.00	1.80	3.50	4.60	45.8%	—	2
—	—	—	—	—	—	52.50	3.10	4.10	4.30	40.0%	—	1
CRC $52.96
4	2	42.9%	4.30	2.30	3.80	55.00	—	—	—	—	—	—
—	—	—	—	—	—	57.50	6.20	7.00	7.20	38.5%	2	3
13	1	40.6%	1.75	1.60	2.00	60.00	—	—	—	—	—	—
41	7	45.0%	1.20	0.85	1.85	62.50	—	—	—	—	—	—
30	2	42.4%	1.50	0.70	1.20	65.00	—	—	—	—	—	—
0	—	12.5%	1.85	0.00	0.00	67.50	—	—	—	—	—	—
2	—	56.3%	1.50	0.05	3.10	70.00	—	—	—	—	—	—
3	2	51.7%	0.30	0.00	0.75	75.00	0.00	0.00	17.78	—	—	0
4	1	55.1%	0.35	0.00	0.75	85.00	—	—	—	—	—	—
0	50	25.0%	2.27	0.00	0.00	90.00	—	—	—	—	—	—

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 CRC put/call ratio?

For the January 15, 2027 expiration, the CRC put/call ratio based on open interest is 2.76 (276 puts vs 100 calls), and 0.20 based on today's volume. A ratio above 1 means more puts than calls.

What is CRC's implied volatility?

At-the-money implied volatility for CRC options expiring January 15, 2027 is about 40.0%, an annualized estimate of how much the market expects California Resources stock to move.

How many CRC option expiration dates are there?

CRC has 8 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.