CRC Unusual Options Activity - California Resources

AI summary

On March 13, 2026, California Resources Corporation (CRC) experienced notable options activity with a significant call transaction. A single print involved a call option with a strike price of $27.50, set to expire on April 17, 2026, and carried a premium of $7,476,000. This transaction stands out due to the absence of put activity, indicating a one-sided interest in call options for this period. The volume-to-open interest ratio for this call option was reported at 3.6, suggesting a relatively high level of trading activity compared to existing open positions. This marked the only active day in the last 30 days for CRC options, highlighting the unusual nature of this transaction within the context of recent market behavior. Overall, the activity reflects a significant commitment to the call side, with no corresponding put activity observed.

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