CMC · COMMERCIAL METALS Co

Track CMC — free Ask ALVIS about CMC

$73.69 -1.99 (-2.62%)

Market Cap

$8.15B

110.62M

Options Chain

15-min delayed Underlying $73.69 · today Options Calculator

Positioning

Aug 21, 2026 · 15 days to expiry · 44 contracts

Put / call OI

0.58

Call-heavy positioning

Open interest

1,447

contracts outstanding

Volume

308

traded today

Max pain

$67.50

$6.19 below spot

ATM implied vol

45.5%

market's expected move

Open interest by strike

Calls Puts

47.5

52.5

57.5

62.5

67.5

72.5

77.5

82.5

100

105

110

115

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 15d Sep 18 43d Nov 20 106d Dec 18 134d Mar 19 225d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
1	1	162.2%	0.934	$21.42		$0.07	-0.026	121%	225	225
Call · $47.5 In the money Last $21.42 Breakeven $68.92 Implied vol 162.2% Delta 0.934 ≈93% ITM Gamma 0.005 Theta -0.106 Vega 0.021 Open interest 1 Model this call Put · $47.5 Last $0.07 Breakeven $47.43 Implied vol 121% Delta -0.026 ≈3% ITM Gamma 0.003 Theta -0.037 Vega 0.012 Open interest 225 Model this put
0	—	134.9%	0.942	—		$0.27	-0.029	108.4%	3	100
Call · $50 In the money Last — Breakeven — Implied vol 134.9% Delta 0.942 ≈94% ITM Gamma 0.006 Theta -0.081 Vega 0.021 Open interest 0 Model this call Put · $50 Last $0.27 Breakeven $49.73 Implied vol 108.4% Delta -0.029 ≈3% ITM Gamma 0.004 Theta -0.036 Vega 0.012 Open interest 100 Model this put
0	—	127.3%	0.926	—		—	-0.043	104.3%	—	0
Call · $52.5 In the money Last — Breakeven — Implied vol 127.3% Delta 0.926 ≈93% ITM Gamma 0.007 Theta -0.091 Vega 0.022 Open interest 0 Model this call Put · $52.5 Last — Breakeven — Implied vol 104.3% Delta -0.043 ≈4% ITM Gamma 0.006 Theta -0.047 Vega 0.013 Open interest 0 Model this put
0	—	106.7%	0.929	—		$0.20	-0.033	83.1%	10	18
Call · $55 In the money Last — Breakeven — Implied vol 106.7% Delta 0.929 ≈93% ITM Gamma 0.009 Theta -0.075 Vega 0.023 Open interest 0 Model this call Put · $55 Last $0.20 Breakeven $54.80 Implied vol 83.1% Delta -0.033 ≈3% ITM Gamma 0.006 Theta -0.03 Vega 0.013 Open interest 18 Model this put
2	2	106.6%	0.898	$10.45		$0.60	-0.085	96.6%	3	25
Call · $57.5 In the money Last $10.45 Breakeven $67.95 Implied vol 106.6% Delta 0.898 ≈90% ITM Gamma 0.011 Theta -0.099 Vega 0.023 Open interest 2 Model this call Put · $57.5 Last $0.60 Breakeven $56.90 Implied vol 96.6% Delta -0.085 ≈9% ITM Gamma 0.011 Theta -0.075 Vega 0.023 Open interest 25 Model this put
4	1	81%	0.91	$8.38		$0.10	-0.047	63.7%	2	42
Call · $60 In the money Last $8.38 Breakeven $68.38 Implied vol 81% Delta 0.91 ≈91% ITM Gamma 0.013 Theta -0.069 Vega 0.024 Open interest 4 Model this call Put · $60 Last $0.10 Breakeven $59.90 Implied vol 63.7% Delta -0.047 ≈5% ITM Gamma 0.01 Theta -0.031 Vega 0.014 Open interest 42 Model this put
7	10	66.9%	0.902	$7.00		$0.75	-0.109	71.1%	9	24
Call · $62.5 In the money Last $7.00 Breakeven $69.50 Implied vol 66.9% Delta 0.902 ≈90% ITM Gamma 0.017 Theta -0.062 Vega 0.024 Open interest 7 Model this call Put · $62.5 Last $0.75 Breakeven $61.75 Implied vol 71.1% Delta -0.109 ≈11% ITM Gamma 0.018 Theta -0.067 Vega 0.024 Open interest 24 Model this put
51	2	49.3%	0.906	$4.36		$1.21	-0.161	67.4%	4	16
Call · $65 In the money Last $4.36 Breakeven $69.36 Implied vol 49.3% Delta 0.906 ≈91% ITM Gamma 0.023 Theta -0.045 Vega 0.024 Open interest 51 Model this call Put · $65 Last $1.21 Breakeven $63.79 Implied vol 67.4% Delta -0.161 ≈16% ITM Gamma 0.024 Theta -0.081 Vega 0.037 Open interest 16 Model this put
7	1	54.8%	0.804	$8.80		$0.35	-0.184	51.7%	5	20
Call · $67.5 In the money Last $8.80 Breakeven $76.30 Implied vol 54.8% Delta 0.804 ≈80% ITM Gamma 0.034 Theta -0.08 Vega 0.038 Open interest 7 Model this call Put · $67.5 Last $0.35 Breakeven $67.15 Implied vol 51.7% Delta -0.184 ≈18% ITM Gamma 0.035 Theta -0.068 Vega 0.038 Open interest 20 Model this put
356	3	43.3%	0.738	$6.00		$0.95	-0.263	43.6%	1	57
Call · $70 In the money Last $6.00 Breakeven $76.00 Implied vol 43.3% Delta 0.738 ≈74% ITM Gamma 0.051 Theta -0.074 Vega 0.05 Open interest 356 Model this call Put · $70 Last $0.95 Breakeven $69.05 Implied vol 43.6% Delta -0.263 ≈26% ITM Gamma 0.05 Theta -0.07 Vega 0.05 Open interest 57 Model this put
72	4	43.5%	0.595	$3.70		$1.25	-0.411	47.5%	1	1
Call · $72.5 In the money Last $3.70 Breakeven $76.20 Implied vol 43.5% Delta 0.595 ≈59% ITM Gamma 0.06 Theta -0.087 Vega 0.058 Open interest 72 Model this call Put · $72.5 Last $1.25 Breakeven $71.25 Implied vol 47.5% Delta -0.411 ≈41% ITM Gamma 0.055 Theta -0.09 Vega 0.059 Open interest 1 Model this put
Underlying $73.69
185	11	49%	0.454	$1.59		$2.00	-0.565	40.5%	2	1
Call · $75 Last $1.59 Breakeven $76.59 Implied vol 49% Delta 0.454 ≈45% ITM Gamma 0.054 Theta -0.1 Vega 0.06 Open interest 185 Model this call Put · $75 In the money Last $2.00 Breakeven $73.00 Implied vol 40.5% Delta -0.565 ≈56% ITM Gamma 0.066 Theta -0.077 Vega 0.06 Open interest 1 Model this put
180	2	42.7%	0.3	$1.75		—	-0.738	36.8%	—	0
Call · $77.5 Last $1.75 Breakeven $79.25 Implied vol 42.7% Delta 0.3 ≈30% ITM Gamma 0.055 Theta -0.076 Vega 0.053 Open interest 180 Model this call Put · $77.5 In the money Last — Breakeven — Implied vol 36.8% Delta -0.738 ≈74% ITM Gamma 0.061 Theta -0.057 Vega 0.053 Open interest 0 Model this put
46	2	43.6%	0.192	$1.10		—	—	—	—	0
Call · $80 Last $1.10 Breakeven $81.10 Implied vol 43.6% Delta 0.192 ≈19% ITM Gamma 0.042 Theta -0.061 Vega 0.042 Open interest 46 Model this call Put · $80 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
4	1	48.2%	0.135	$0.54		—	—	—	—	0
Call · $82.5 Last $0.54 Breakeven $83.04 Implied vol 48.2% Delta 0.135 ≈13% ITM Gamma 0.03 Theta -0.053 Vega 0.028 Open interest 4 Model this call Put · $82.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
3	1	59.9%	0.133	$0.11		—	—	—	—	0
Call · $85 Last $0.11 Breakeven $85.11 Implied vol 59.9% Delta 0.133 ≈13% ITM Gamma 0.024 Theta -0.065 Vega 0.029 Open interest 3 Model this call Put · $85 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	72%	0.098	—		—	—	—	—	0
Call · $90 Last — Breakeven — Implied vol 72% Delta 0.098 ≈10% ITM Gamma 0.016 Theta -0.062 Vega 0.029 Open interest 0 Model this call Put · $90 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	84.7%	0.079	—		$23.40	—	—	1	0
Call · $95 Last — Breakeven — Implied vol 84.7% Delta 0.079 ≈8% ITM Gamma 0.012 Theta -0.063 Vega 0.017 Open interest 0 Model this call Put · $95 In the money Last $23.40 Breakeven $71.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	108.8%	0.101	—		—	—	—	—	0
Call · $100 Last — Breakeven — Implied vol 108.8% Delta 0.101 ≈10% ITM Gamma 0.011 Theta -0.096 Vega 0.031 Open interest 0 Model this call Put · $100 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	107.4%	0.064	—		—	—	—	—	0
Call · $105 Last — Breakeven — Implied vol 107.4% Delta 0.064 ≈6% ITM Gamma 0.008 Theta -0.068 Vega 0.018 Open interest 0 Model this call Put · $105 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$38.60	—	—	1	0
Call · $110 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $110 In the money Last $38.60 Breakeven $71.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $115 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $115 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 22444 CUSIP 201723103 13F (30d) 202 filings 201 filers Visit website Investor relations