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
- Jan 15, 2027
- Days to expiration
- 97
- Share price
- $9.42
- Put/call ratio (OI)
- 0.23
- Put/call ratio (volume)
- 0.04
- Expected move
- ±$1.33
- Open interest (C / P)
- 31 / 7
REFI options summary
The REFI options chain for the January 15, 2027 expiration lists 6 call and 1 put contracts, with 97 days until expiration. Open interest stands at 31 calls and 7 puts, a put/call ratio of 0.23, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 27.4%, which implies the market expects a move of about ±$1.33 (14.1%) in Chicago Atlantic Real Estate Finance stock by expiration.
The most open interest sits at the $12.50 call (27 contracts) and the $10.00 put (7 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
REFI options chain · January 15, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 9.00 | 6.00 | 10.70 | 2.50 | — | — | — | |||||
| 6.35 | 0.00 | 0.00 | 5.00 | — | — | — | |||||
| 3.60 | 0.00 | 0.00 | 7.50 | — | — | — | |||||
| 0.75 | 0.00 | 0.00 | 10.00 | 1.00 | 1.35 | 0.80 | |||||
| 0.03 | 0.00 | 0.10 | 12.50 | — | — | — | |||||
| 0.15 | 0.00 | 0.15 | 15.00 | — | — | — | |||||
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 January 15, 2027 expiration, the REFI put/call ratio based on open interest is 0.23 (7 puts vs 31 calls), and 0.04 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 January 15, 2027 is about 27.4%, 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.