ETHB Options History — April 2026

In April 2026, ETHB traded between $26.49 and $31.25. ATM implied volatility averaged 59.9%. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 12.9% (HV 20d: 46.9%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.08.

Notable Days

  • 2026-04-14: Highest Volume — 21 contracts
  • 2026-04-08: Largest IV spike — 87.9% change
  • 2026-04-28: Largest Expected Move — 27.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.14$26.49$31.25$27.52$29.14
Max Pain$28.57$28.00$29.00$29.00$29.00
ATM IV59.9%23.5%96.2%56.8%23.5%
Expected Move17.2%6.7%27.6%16.3%6.7%
HV 20d46.9%44.4%51.1%50.4%44.8%
Term Structure-1.1%-42.9%32.7%6.2%32.7%
VWIV68.1%49.8%77.9%77.5%77.1%
Skew 25d3.2%-7.6%18.9%11.6%4.9%
Skew 10d10.9%-11.2%28.5%-11.2%7.6%
Call IV 25d62.6%40.0%74.4%40.0%63.7%
Put IV 25d65.8%51.1%79.3%51.5%68.6%
Bid-Ask Spread %86.3378.3692.6792.6788.41
Gamma HHI0.200.150.300.170.19
Net GEX2.9K6914.6K1.3K3.3K
Net DEX-99.1K-217.6K1.9K-38.6K-101.1K
Net VEX-873-1.0K-687-785-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.006.501.400.09
Total Volume11.2382211212
Total OI245.429208282208282

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-04-01$27.52$29.0056.8%16.3%0.0%0.0%77.5%11.6%6.2%1.3K-38.6K-7851.4092.675713177
2026-04-02$26.49$28.0034.9%10.0%0.0%0.0%0.0%4.3%1.1%6911.9K-6870.3085.3410313879
2026-04-06$27.55$28.0048.6%13.9%0.0%0.0%75.1%18.1%7.9%1.6K-41.1K-7420.7091.1610713881
2026-04-07$26.98$28.0038.9%11.2%0.0%0.0%0.0%4.7%5.5%824-21.5K-7591.0088.081114787
2026-04-08$28.39$28.0073.1%21.0%0.0%0.0%68.2%6.1%-14.3%2.0K-70.4K-8390.5885.6012714888
2026-04-09$28.56$28.0050.8%14.6%50.4%0.0%51.0%-7.6%12.5%2.3K-84.0K-8030.0083.280215490
2026-04-10$28.91$28.0067.6%19.4%48.9%0.0%69.9%18.9%-3.2%2.5K-94.5K-8513.7588.1641515492
2026-04-13$29.04$28.0058.4%16.7%47.4%0.0%0.0%-4.3%5.3%3.1K-103.4K-8342.0084.601215792
2026-04-14$29.73$28.0067.0%19.2%46.7%0.0%0.0%2.4%-3.4%3.9K-142.2K-8621.3381.4691215794
2026-04-15$30.55$28.0065.1%18.7%46.2%0.0%61.5%0.8%-5.3%3.8K-162.2K-9280.8982.8598164104
2026-04-16$30.35$29.0066.9%19.2%45.2%0.0%70.4%2.8%-5.8%4.5K-153.9K-8870.1581.36132169102
2026-04-17$31.25$29.0064.4%18.5%44.9%0.0%0.0%4.4%0.6%4.6K-217.6K-9130.3388.6531163104
2026-04-20$29.98$29.0066.8%19.2%47.8%0.0%77.9%5.8%-3.6%3.9K-113.3K-8486.5086.7321314770
2026-04-21$29.50$29.0077.3%22.2%48.2%0.0%0.0%-2.9%-12.7%3.1K-93.9K-8660.2984.2414414782
2026-04-22$30.82$29.0070.5%20.2%49.5%0.0%66.8%5.1%-9.6%4.2K-149.1K-9950.0091.839015586
2026-04-23$29.74$29.0056.7%16.3%51.1%0.0%72.5%-3.7%2.8%3.5K-112.3K-9780.0092.330316186
2026-04-24$29.88$29.0043.1%12.4%45.9%0.0%49.8%-5.8%15.5%2.8K-117.2K-9080.0089.322016189
2026-04-27$29.41$29.0056.5%16.2%44.5%0.0%0.0%-3.1%2.2%3.2K-94.0K-9031.0085.554416389
2026-04-28$29.58$29.0096.2%27.6%44.4%0.0%0.0%2.9%-42.9%3.6K-98.7K-9660.0082.905016793
2026-04-29$28.62$29.0074.5%21.4%45.0%0.0%77.1%0.8%-14.2%2.7K-74.2K-9470.2578.3616417393
2026-04-30$29.14$29.0023.5%6.7%44.8%0.0%0.0%4.9%32.7%3.3K-101.1K-1.0K0.0988.4111118795