Chicago Atlantic Real Estate Finance (REFI) Options Chain
NASDAQ: REFIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 41
- Share price
- $9.42
- Put/call ratio (OI)
- 14.00
- Expected move
- ±$2.34
- Open interest (C / P)
- 1 / 14
REFI options summary
The REFI options chain for the November 20, 2026 expiration lists 3 call and 1 put contracts, with 41 days until expiration. Open interest stands at 1 calls and 14 puts, a put/call ratio of 14.00, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 74.1%, which implies the market expects a move of about ±$2.34 (24.8%) in Chicago Atlantic Real Estate Finance stock by expiration.
The most open interest sits at the $10.00 call (1 contracts) and the $10.00 put (14 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
REFI options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 8.45 | 5.90 | 8.30 | 2.50 | — | — | — | |||||
| 5.82 | 3.40 | 5.80 | 5.00 | — | — | — | |||||
| 0.45 | 0.00 | 1.50 | 10.00 | 0.35 | 2.10 | 0.65 | |||||
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 November 20, 2026 expiration, the REFI put/call ratio based on open interest is 14.00 (14 puts vs 1 calls). A ratio above 1 means more puts than calls.
What is REFI's implied volatility?
At-the-money implied volatility for REFI options expiring November 20, 2026 is about 74.1%, 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.