CPZ
Calamos Long/Short Equity & Dynamic Income Term Trust
NasdaqGMUSDEQUITY
Financial Services
DELAYED
Sell
-48/100
Last price
12.50
▼ 0.05 (0.40%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
12.55
Day high
12.59
Day low
12.49
Volume
103.09K
Market cap
$245.40M
P/E (TTM)
178.57
52W range
12.39 – 16.23
Trailing performance
Returnvs SPY
1W
+0.32%
-1.6%
1M
-4.65%
-5.8%
3M
-4.80%
-9.3%
6M
-7.75%
-25.9%
YTD
-14.50%
-28.8%
1Y
-21.88%
-38.3%
3Y
-15.48%
-97.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CPZ open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Dec 17, 25 | CALAMOS JOHN P SR President |
SELL | 13.52K | $199.25K | Indirect |
| Dec 16, 25 | CALAMOS JOHN P SR President |
SELL | 25.00K | $368.12K | Indirect |
| Dec 15, 25 | CALAMOS JOHN P SR President |
SELL | 35.00K | $511.31K | Indirect |
| Jan 30, 25 | HERMAN THOMAS E. Chief Financial Officer |
SELL | 26.78K | $417.92K | Direct |
| Jan 8, 25 | TOUB CHRISTOPHER M Director |
BUY | 1.50K | $22.80K | Direct |
| Sep 19, 24 | KOUDOUNIS JOHN S. Officer |
SELL | 24.74K | $381.23K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CALAMOS JOHN P SR |
President | — | Sale |
HERMAN THOMAS E. |
Chief Financial Officer | 0 | Sale |
KOUDOUNIS JOHN S. |
Officer | 0 | Sale |
TOUB CHRISTOPHER M |
Director | 3.00K | Purchase |
Fundamentals
Market cap$245.40M
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)$0.07
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding19.63M
Float—
Short % of float0.14%
Dividend yield13.45%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E178.57
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $19.92M | $53.07M | $11.60M | -$41.93M | — | -62.5% |
| Operating revenue | $19.92M | $53.07M | $11.60M | -$41.93M | — | -62.5% |
| Selling, general & admin | $536.60K | $544.77K | $546.21K | $598.78K | — | -1.5% |
| Total operating expense | $631.22K | $654.62K | $584.11K | $825.41K | — | -3.6% |
| Pre-tax income | $19.29M | $52.41M | $11.01M | -$42.75M | — | -63.2% |
| Net income | $19.29M | $52.41M | $11.01M | -$42.75M | — | -63.2% |
| Net income to common | $19.29M | $52.41M | $11.01M | -$42.75M | — | -63.2% |
| Basic EPS | — | 2.67 | 0.56 | -2.18 | 5.64 | — |
| Diluted EPS | — | 2.67 | 0.56 | -2.18 | 5.64 | — |
| Basic shares | — | 19.63M | 19.66M | 19.61M | 19.62M | — |
| Diluted shares | — | 19.63M | 19.66M | 19.61M | 19.62M | — |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.07M | $0 | — | — | $6.83M | — |
| Total assets | $796.00M | $725.43M | $717.56M | $734.07M | — | +9.7% |
| Total debt | $192.05M | $120.00M | $120.00M | $120.00M | — | +60.0% |
| Total liabilities | $248.32M | $381.22M | $392.78M | $387.32M | — | -34.9% |
| Retained earnings | $1.92M | -$48.42M | -$67.85M | -$45.88M | — | +104.0% |
| Shareholder equity | $547.68M | $344.21M | $324.78M | $346.75M | — | +59.1% |
| Net tangible assets | $547.68M | $344.21M | $324.78M | $346.75M | — | +59.1% |
| Shares issued | 19.63M | 19.63M | 19.63M | 19.63M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $19.29M | $52.41M | $11.01M | -$42.75M | -63.2% |
| Change in working capital | $366.17K | -$157.32K | -$167.40K | -$210.82K | +332.8% |
| Operating cash flow | $6.75M | $60.43M | $119.55M | -$9.16M | -88.8% |
| Dividends paid | -$36.83M | -$32.98M | -$32.98M | -$32.98M | -11.7% |
| Financing cash flow | -$36.83M | -$33.02M | -$34.70M | -$32.01M | -11.5% |
| Free cash flow | $6.75M | $60.43M | $119.55M | -$9.16M | -88.8% |
| End cash position | $265.23M | $295.31M | $267.91M | $183.06M | -10.2% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-10-31 | 2025-04-30 | YoY |
|---|---|---|---|
| Cash & equivalents | $1.07M | — | — |
| Total assets | $796.00M | $576.52M | +38.1% |
| Total debt | $192.05M | $120.00M | +60.0% |
| Total liabilities | $248.32M | $245.77M | +1.0% |
| Retained earnings | $1.92M | -$61.87M | +103.1% |
| Shareholder equity | $547.68M | $330.75M | +65.6% |
| Net tangible assets | $547.68M | $330.75M | +65.6% |
| Shares issued | 19.63M | 19.63M | 0.0% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.38%
Held by institutions55.88%
Institutions holding71
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
12.59
-0.73% from price
SMA 20
12.74
-1.86% from price
SMA 50
13.11
-4.63% from price
SMA 100
13.04
-4.11% from price
SMA 200
13.72
-8.90% from price
EMA 12
12.63
-0.99% from price
EMA 26
12.79
-2.30% from price
EMA 50
12.95
-3.48% from price
RSI (14)
34.7
Neutral
MACD (12,26,9)
-0.17
Hist -0.01
ATR (14)
0.18
1.47% of price
Realised vol 30D
11.2%
Annualised
Bollinger upper
13.11
20, 2σ
Bollinger lower
12.37
20, 2σ
50 / 200 cross
Death
13.11 vs 13.72
Trend bias
Below 200
-8.90%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.28
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
11.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-21.9%
Peak to trough
Max drawdown 5Y
-40.5%
Peak to trough
ATR 14
0.18
1.47% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
18.66K
Prior 21.82K
Change vs prior
-14.5%
Shorts covering
% of float
0.14%
Normal
% of shares out
0.10%
Against total outstanding
Days to cover
0.3
Liquid
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate$1.68 / yr
Forward yield13.45%
5-year avg yield10.52%
Payout ratio2340.52%
Ex-dividend dateOct 14, 2026
Next pay dateMar 20, 2023
Last split—
Split date—
SEC filings
Monthly Portfolio Investments Report on Form N- PORT (Public)
NPORT-P · 2026-09-29
Annual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX
N-PX · 2026-08-28
Monthly Portfolio Investments Report on Form N- PORT (Public)
NPORT-P/A · 2026-08-27
Periodic Reports
N-CSRS · 2026-07-02
Fidelity bond filed pursuant to Rule 17g1(g)(1) of the Investment Company Act of 1940
40-17G · 2026-06-29
Monthly Portfolio Investments Report on Form N- PORT (Public)
NPORT-P · 2026-06-26
Monthly Portfolio Investments Report on Form N- PORT (Public)
NPORT-P · 2026-03-31
Annual Report for Registered Investment Companies
N-CEN · 2026-01-13
Headlines
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
PR Newswire · 6d ago
Calamos L/S Equity & Dynamic Inc Trust's Dividend Analysis
GuruFocus.com · 23d ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
PR Newswire · 36d ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
PR Newswire · 65d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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