ETHB Options History — March 2026

In March 2026, ETHB traded between $25.56 and $28.20. ATM implied volatility averaged 72.3%. The 30-day expected move averaged 19.4%. Max pain ranged from $28.00 to $30.00. Net GEX was positive for 10 of 10 trading days. Term structure was in contango for 8 of 10 days. Put/call ratio averaged 2.24.

Notable Days

  • 2026-03-19: Highest Volume — 149 contracts
  • 2026-03-31: Largest IV spike — 102.7% change
  • 2026-03-26: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.10$25.56$28.20$28.20$26.95
Max Pain$29.50$28.00$30.00$30.00$28.00
ATM IV72.3%32.9%90.7%66.8%66.7%
Expected Move19.4%9.4%26.0%20.3%19.1%
Term Structure6.2%-1.8%24.6%-1.8%2.9%
VWIV81.9%74.3%99.1%74.3%79.4%
Skew 25d7.7%-5.7%33.6%-3.5%33.6%
Skew 10d4.8%-21.5%19.9%1.4%7.3%
Call IV 25d67.6%46.7%85.8%67.4%46.7%
Put IV 25d75.3%63.9%83.6%63.9%80.3%
Bid-Ask Spread %81.2669.6387.5987.5969.63
Gamma HHI0.320.180.440.440.18
Net GEX1.1K5341.6K1.6K1.6K
Net DEX-18.7K-54.0K31.2K-54.0K-29.1K
Net VEX-690-841-615-837-745
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.240.0010.0010.001.00
Total Volume25.841491112
Total OI169.6135205185205

Daily Data (10 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-18$28.20$30.0066.8%20.3%0.0%0.0%74.3%-3.5%-1.8%1.6K-54.0K-83710.0087.5911014045
2026-03-19$27.58$30.0076.3%19.6%0.0%0.0%81.9%2.1%1.7%1.1K-32.5K-8410.1183.921341514154
2026-03-20$27.38$30.0069.0%18.9%0.0%0.0%0.0%27.2%3.3%1.0K31.2K-6451.0086.202210368
2026-03-23$27.79$30.0079.3%20.3%0.0%0.0%75.0%13.1%0.2%1.1K-30.9K-6163.5086.72279243
2026-03-24$27.25$30.0079.4%19.3%0.0%0.0%80.1%9.8%-0.2%978-33.0K-6432.0086.755109445
2026-03-25$27.92$30.0081.7%18.0%0.0%0.0%83.4%-5.7%8.2%1.2K-36.2K-6880.0083.01809855
2026-03-26$26.36$29.0090.7%26.0%0.0%0.0%99.1%5.4%1.5%857-10.1K-6230.1473.3714210255
2026-03-27$25.56$29.0080.2%23.0%0.0%0.0%0.0%-2.2%21.5%9741.4K-6154.6782.8331411357
2026-03-30$25.96$29.0032.9%9.4%0.0%0.0%0.0%-3.0%24.6%5346.6K-6470.0072.6317011571
2026-03-31$26.95$28.0066.7%19.1%0.0%0.0%79.4%33.6%2.9%1.6K-29.1K-7451.0069.636613471