MDBX Options History — September 2025

Name: MDBX Options Analytics - September 2025
Creator: Options Analysis Suite

In September 2025, MDBX traded between $42.66 and $47.78. ATM implied volatility averaged 82.3%. The 30-day expected move averaged 23.6%. Max pain ranged from $31.00 to $31.00. Net GEX was positive for 11 of 11 trading days. Term structure was in contango for 11 of 11 days. Put/call ratio averaged 0.39.

Notable Days

2025-09-16: Highest Volume — 10 contracts
2025-09-30: Largest IV spike — 15.2% change
2025-09-16: Largest Expected Move — 26.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.75	$42.66	$47.78	$47.78	$42.66
Max Pain	$31.00	$31.00	$31.00	$31.00	$31.00
ATM IV	82.3%	72.8%	90.6%	90.6%	83.9%
Expected Move	23.6%	20.9%	26.0%	26.0%	24.0%
Term Structure	6.7%	0.1%	25.1%	17.3%	1.9%
VWIV	84.0%	70.8%	88.1%	87.2%	84.5%
Skew 25d	0.9%	-8.8%	19.7%	2.4%	-8.8%
Skew 10d	-12.2%	-25.6%	7.9%	-16.8%	-25.6%
Call IV 25d	79.7%	70.7%	91.7%	87.2%	81.5%
Put IV 25d	80.6%	71.5%	97.0%	89.6%	72.7%
Bid-Ask Spread %	99.04	94.45	102.63	94.45	102.02
Gamma HHI	0.19	0.15	0.32	0.18	0.15
Net GEX	4.2K	3.1K	7.3K	4.5K	3.5K
Net DEX	-367.6K	-597.1K	-254.6K	-597.1K	-255.0K
Net VEX	-825	-893	-788	-893	-791
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.00	2.00	0.11	0.00
Total Volume	4.182	0	10	10	4
Total OI	169.091	131	234	230	138

Daily Data (11 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-09-16	$47.78	$31.00	90.6%	26.0%	0.0%	0.0%	87.2%	2.4%	17.3%	4.5K	-597.1K	-893	0.11	94.45	9	1	172	58
2025-09-17	$44.75	$31.00	86.7%	24.9%	0.0%	0.0%	88.1%	19.7%	25.1%	5.3K	-518.5K	-868	2.00	97.72	2	4	174	58
2025-09-18	$44.15	$31.00	82.8%	23.7%	0.0%	0.0%	87.1%	-7.3%	6.0%	5.4K	-479.8K	-820	0.50	96.27	6	3	172	62
2025-09-19	$45.72	$31.00	82.5%	23.6%	0.0%	0.0%	87.2%	6.2%	2.5%	7.3K	-532.0K	-792	0.20	97.85	5	1	168	60
2025-09-22	$46.06	$31.00	82.9%	23.8%	0.0%	0.0%	0.0%	7.6%	3.3%	3.2K	-296.5K	-845	0.00	96.47	0	0	109	22
2025-09-23	$44.74	$31.00	82.8%	23.7%	0.0%	0.0%	0.0%	-1.8%	0.1%	3.2K	-286.3K	-824	0.00	99.42	0	0	109	22
2025-09-24	$44.16	$31.00	81.5%	23.4%	0.0%	0.0%	83.1%	-3.4%	2.4%	3.2K	-273.4K	-820	0.00	99.88	1	0	109	22
2025-09-25	$43.41	$31.00	82.0%	23.5%	0.0%	0.0%	0.0%	3.0%	2.0%	3.1K	-254.6K	-788	0.33	100.24	3	1	110	22
2025-09-26	$44.03	$31.00	77.0%	22.1%	0.0%	0.0%	0.0%	-8.6%	3.1%	3.4K	-266.5K	-807	0.00	102.63	4	0	112	23
2025-09-29	$44.77	$31.00	72.8%	20.9%	0.0%	0.0%	70.8%	1.1%	9.5%	3.7K	-283.9K	-827	0.00	102.51	0	2	115	23
2025-09-30	$42.66	$31.00	83.9%	24.0%	0.0%	0.0%	84.5%	-8.8%	1.9%	3.5K	-255.0K	-791	0.00	102.02	4	0	115	23