REFI · Chicago Atlantic Real Estate Finance, Inc.

$10.15 -0.15 (-1.46%) At close · Aug 14

Customer concentration — top 3 customers 24.4% of revenue

3 customers — 24.4% of revenue (three months ended March 31, 2026)

“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”

3 customers — 24.3% of revenue (three months ended March 31, 2025)

“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”

3 customers — 33.2% of receivables (March 31, 2026)

“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”

One customer — 12.9% of receivables (March 31, 2026)

“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”

3 customers — 26.9% of receivables (December 31, 2025)

“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”

One customer — 11.5% of receivables (December 31, 2025)

“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”

View the 10-Q filed May 7, 2026

Market Cap

$267.74M

25.62M

Options Chain

Underlying $10.15 · at close Aug 14, 2026 Options Calculator

Positioning

Aug 21, 2026 · 6 days to expiry · 16 contracts · mixed snapshot sessions · Jun 23, 2026–Aug 11, 2026; 9 unknown

Put / call OI

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dated and unknown snapshot sessions

Open interest

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dated and unknown snapshot sessions

Volume

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dated and unknown snapshot sessions

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 6d Sep 18 34d Oct 16 62d Jan 15 153d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	130	811.6%	0.967	$8.60		$0.05	—	—	1	2
Call · $2.5 In the money Snapshot session Jun 29, 2026 Last $8.60 Breakeven $11.10 Implied vol 811.6% Delta 0.967 ≈97% ITM Gamma 0.007 Theta -0.059 Vega 0.001 Open interest 0 Model this call Put · $2.5 Snapshot session Aug 11, 2026 Last $0.05 Breakeven $2.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
0	1	409.8%	0.943	$6.10		—	—	—	—	0
Call · $5 In the money Snapshot session Jun 23, 2026 Last $6.10 Breakeven $11.10 Implied vol 409.8% Delta 0.943 ≈94% ITM Gamma 0.021 Theta -0.046 Vega 0.002 Open interest 0 Model this call Put · $5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	212.4%	0.891	—		$0.10	—	—	1	1
Call · $7.5 In the money Snapshot session Unknown Last — Breakeven — Implied vol 212.4% Delta 0.891 ≈89% ITM Gamma 0.068 Theta -0.04 Vega 0.003 Open interest 0 Model this call Put · $7.5 Snapshot session Aug 10, 2026 Last $0.10 Breakeven $7.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
6	6	67.1%	0.575	$0.31		$0.13	-0.419	57.9%	5	13
Call · $10 In the money Snapshot session Jul 31, 2026 Last $0.31 Breakeven $10.31 Implied vol 67.1% Delta 0.575 ≈58% ITM Gamma 0.445 Theta -0.026 Vega 0.005 Open interest 6 Model this call Put · $10 Snapshot session Aug 10, 2026 Last $0.13 Breakeven $9.87 Implied vol 57.9% Delta -0.419 ≈42% ITM Gamma 0.508 Theta -0.026 Vega 0.005 Open interest 13 Model this put
Underlying $10.15
0	—	—	—	—		—	—	—	—	0
Call · $12.5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $12.5 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
4	3	—	—	$0.05		—	-0.963	157.9%	—	0
Call · $15 Snapshot session Jun 30, 2026 Last $0.05 Breakeven $15.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 Model this call Put · $15 In the money Snapshot session Unknown Last — Breakeven — Implied vol 157.9% Delta -0.963 ≈96% ITM Gamma 0.036 Theta -0.016 Vega 0.001 Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $17.5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $17.5 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $20 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $20 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Each contract's last price, volume, greeks, implied volatility and open interest belongs to the snapshot session shown in its details; unknown means the provider omitted the timestamp. This chain has mixed snapshot sessions · Jun 23, 2026–Aug 11, 2026; 9 unknown. Cross-contract positioning totals are shown only when every returned row has the same known session. 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.

Key facts CIK 1867949 CUSIP 167239102 13F (30d) 94 filings 94 filers Visit website Investor relations