Real Estate

Camden Property Trust (CPT) options and signal

Figures as of 28 Sep 2026

CPT is Camden Property Trust, a Real Estate name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

Figure	Value	Date
IV rank	85 of 100	28 Sep
At the money IV	33.9%	28 Sep
Priced move to 16 Oct	6.6% down, 4.7% up	28 Sep
Call wall and put wall	105 and 95	28 Sep
Signal and the desk's view	No signal, view bullish	25 Sep
Last close	98.40	28 Sep
Next report	5 Nov 2026	28 Sep

Options Snapshot

CPT's IV rank is 85 of 100 on 28 Sep 2026.

Figure	Value
IV rank	85 of 100
At the money IV	33.9%, near month, 18 days
Put/call ratio, open interest	0.45
Call open interest, strikes captured near the price	1,870 contracts
Put open interest, strikes captured near the price	833 contracts
Cost to trade at the money	Wide, 98.4% of the option's mid price

IV rank is where the at the money IV sits among CPT's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, CPT options priced a move of 6.6 percent down and 4.7 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	6.6%	4.7%	91.93 to 103.01
20 Nov 2026	53	11.0%	9.3%	87.60 to 107.60
19 Feb 2027	144	17.3%	16.7%	81.40 to 114.80

The range is one standard deviation either side of the close of 98.40, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, CPT's call wall is the 105 strike and its put wall is the 95 strike.

Figure	Value
Call wall, most open call gamma	105
Put wall, most open put gamma	95
Flip strike, where net gamma changes sign	100.57
Net dollar gamma, calls minus puts	$227,860
Total dollar gamma, both sides	$718,289
Close	98.40

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Gamma Map in RingMaster The Gamma Map guide

Volatility History

On 28 Sep 2026, CPT's at the money IV is 33.9 percent against 20 day realized volatility of 12.8 percent.

Figure	Value
At the money IV	33.9%
Realized volatility, 20 trading days	12.8%
Realized volatility, 60 trading days	18.1%
IV against its own weekly record	High, in the top fifth
Weekly readings on record	842, from 8 Jan 2010
Weeks the price moved more than the one week priced move	26.2% of 252 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility History in RingMaster The Volatility History guide

Volatility Weather

On 28 Sep 2026, CPT's at the money IV runs from 33.9 percent at 18 days to 35.0 percent at 144 days.

Days to expiry	At the money IV
18	33.9%
53	29.2%
144	35.0%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 53 day expiry, CPT's IV ten percent below the price sits 0.2 points above at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	29.4%	+0.2 points
At the money	29.2%	0.0 points
10% above the price	33.4%	+4.2 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, CPT's surface spans 3 expiries out to 144 days, with IV from 26.6 to 53.9 percent near the price.

Figure	Value
Expiries captured	3
Nearest expiry	16 Oct 2026, 18 days
Farthest expiry	19 Feb 2027, 144 days
Points within 10% of the price, 7 days out or more	12
Lowest IV among them	26.6%
Highest IV among them	53.9%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, CPT has 3 captured expiries, from 16 Oct 2026 to 19 Feb 2027.

Expiry	Days	At the money IV	Call open interest	Put open interest
16 Oct 2026	18	33.9%	1,348	254
20 Nov 2026	53	29.2%	304	418
19 Feb 2027	144	35.0%	215	161

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, CPT's largest open interest sits at the 105 strike, with 996 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
105	828	168	996
115	560	0	560
110	332	8	340
95	19	266	285
100	56	127	183
90	16	111	127

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, CPT's at the money IV moved from 28.9 percent to 33.9 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	28.9%	33.9%	+5.0 points
Open interest, strikes captured near the price	2,665	2,700	+35
Put/call ratio, open interest	0.44	0.45	+0.01

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 395 CPT option contracts traded, 0.6 times its own recent average.

Figure	Value
Calls traded	98
Puts traded	297
Against its recent average	0.6 times
Busier than	3 of its last 6 trading days
Open interest, whole chain	2,871 contracts
Volume to open interest	0.14
Unusual volume flag	No

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 8 trading days of CPT's option positioning, from 27 Aug 2026 to 28 Sep 2026.

Date	Close	Net dollar gamma	Top call strike	Top put strike
27 Aug 2026	105.79	$134,497	115	105
21 Sep 2026	98.82	$299,779	105	95
28 Sep 2026	98.40	$227,860	105	95

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Read-out

On 25 Sep 2026 the desk's view of CPT was bullish, paper trading.

Figure	Value
Side	Bullish at 45 trading days, no signal
Level above the close	103.97, the swing high of 15 Sep 2026
Level below the close	96.89, the swing low of 25 Sep 2026, a close past it runs against the view
The chart	Sits against the view
Strategy family	Cash-secured put (sell a put below the price)
Price target	None. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Read-out in RingMaster The Read-out guide

Rank by Timeframe

On 25 Sep 2026 CPT sat at the 83rd percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	5 of 100	Bearish
20 trading days	43 of 100	Neutral
45 trading days	83 of 100	Bullish

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Rank by Timeframe in RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026, 1 of 3 timeframes put CPT on the bullish side, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bearish	1 of 2
Long	45 day	Bullish	1 of 1

The near timeframes and the long ones were on opposite sides, and the desk states both.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMaster The Timeframe Agreement guide

Signal History

On 25 Sep 2026 CPT had carried no signal for at least 6 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	83 of 100
24 Sep 2026	None	89 of 100
23 Sep 2026	None	80 of 100
22 Sep 2026	None	80 of 100
21 Sep 2026	None	54 of 100
18 Sep 2026	None	50 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMaster The Signal History guide

Sector Split

On 25 Sep 2026, 11 of 41 Real Estate names were bullish and 17 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Real Estate	41	11	17	13

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMaster The Sector Split guide

Price Chart

CPT closed at 98.40 on 28 Sep 2026.

Figure	Value
Last close	98.40
Change over 5 trading days	-0.4%
Change over 21 trading days	-7.0%
Change over 63 trading days	-15.7%
Change over 252 trading days	-7.2%
52 week high	119.81
52 week low	96.53
20 day moving average	102.03
50 day moving average	107.04
200 day moving average	107.05
RSI, 14 days	29

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

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Earnings Radar

CPT reports next on 5 Nov 2026, a date confirmed by the company.

Figure	Value
Next report	5 Nov 2026, after the close
Date	Confirmed by the company
Move after the report of 30 Jul 2026	-2.2%
Move after the report of 30 Apr 2026	-0.5%
Move after the report of 5 Feb 2026	+0.1%
Move after the report of 6 Nov 2025	+2.5%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Short Volume

On 25 Sep 2026, 48.7 percent of CPT's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	48.7%
Five day average	45.7%
52 week median	60.8%

Short sale volume counts trades marked short at the covered venues, mostly off exchange. It is not the same as short interest.

Short volume as of 25 Sep 2026. Current on every plan.

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Seasonality

In the 33 Septembers on record, CPT's average change was minus 0.7 percent, and it rose in 45.5 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	-0.7%	-1.3%	45.5%	33
October	-1.7%	-2.0%	39.4%	33
November	+1.1%	+2.9%	66.7%	33

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

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Questions

What is CPT's IV rank?: CPT's IV rank is 85 of 100 on 28 Sep 2026.
What move are CPT options pricing?: On 28 Sep 2026, CPT options priced a move of 6.6 percent down and 4.7 percent up by 16 Oct 2026.
Where are CPT's call wall and put wall?: On 28 Sep 2026, CPT's call wall is the 105 strike and its put wall is the 95 strike.
What was the desk's latest view of CPT on the Free plan?: On 25 Sep 2026 the desk's view of CPT was bullish, paper trading.
When does CPT report earnings next?: CPT reports next on 5 Nov 2026, a date confirmed by the company.

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Strike	Call open interest	Put open interest	Total
105	828	168	996
115	560	0	560
110	332	8	340
95	19	266	285
100	56	127	183
90	16	111	127

Strike	Call open interest	Put open interest	Total
105	828	168	996
115	560	0	560
110	332	8	340
95	19	266	285
100	56	127	183
90	16	111	127

Strike	Call open interest	Put open interest	Total
105	828	168	996
115	560	0	560
110	332	8	340
95	19	266	285
100	56	127	183
90	16	111	127