Chicago Atlantic Real Estate Finance (REFI) Options Chain
NASDAQ: REFIReal EstateReal Estate Investment TrustsUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 8
- Share price
- $9.64
- Put/call ratio (OI)
- 1.40
- Put/call ratio (volume)
- 0.19
- Expected move
- ±$1.08
- Open interest (C / P)
- 146 / 205
REFI options summary
The REFI options chain for the October 16, 2026 expiration lists 5 call and 5 put contracts, with 8 days until expiration. Open interest stands at 146 calls and 205 puts, a put/call ratio of 1.40, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 75.6%, which implies the market expects a move of about ±$1.08 (11.2%) in Chicago Atlantic Real Estate Finance stock by expiration.
The most open interest sits at the $12.50 call (138 contracts) and the $12.50 put (103 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
REFI options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.31 | 6.50 | 7.90 | 2.50 | — | — | — | |||||
| — | — | — | 5.00 | 0.00 | 0.75 | 0.18 | |||||
| 4.00 | 1.55 | 5.20 | 7.50 | 0.00 | 1.25 | 0.05 | |||||
| 0.28 | 0.00 | 0.35 | 10.00 | 0.00 | 1.50 | 0.40 | |||||
| 0.60 | 0.00 | 0.40 | 12.50 | 2.30 | 3.50 | 2.71 | |||||
| 0.11 | 0.00 | 1.25 | 15.00 | 2.45 | 6.60 | 5.00 | |||||
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 REFI put/call ratio?
For the October 16, 2026 expiration, the REFI put/call ratio based on open interest is 1.40 (205 puts vs 146 calls), and 0.19 based on today's volume. A ratio above 1 means more puts than calls.
What is REFI's implied volatility?
At-the-money implied volatility for REFI options expiring October 16, 2026 is about 75.6%, an annualized estimate of how much the market expects Chicago Atlantic Real Estate Finance stock to move.
How many REFI option expiration dates are there?
REFI has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.