MDBX Options History — November 2025

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

In November 2025, MDBX traded between $44.27 and $60.87. ATM implied volatility averaged 128.1%. The 30-day expected move averaged 39.2%. IV traded above realized volatility by 59.6% (HV 20d: 68.6%). Max pain ranged from $22.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.99.

Notable Days

2025-11-07: Highest Volume — 25 contracts
2025-11-12: Largest IV spike — 42.7% change
2025-11-28: Largest Expected Move — 46.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.64	$44.27	$60.87	$57.95	$46.51
Max Pain	$27.79	$22.00	$50.00	$45.00	$30.00
ATM IV	128.1%	89.1%	162.8%	96.2%	162.8%
Expected Move	39.2%	27.0%	46.7%	27.6%	46.7%
HV 20d	68.6%	54.1%	77.4%	64.2%	72.5%
HV 60d	66.5%	65.6%	67.3%	67.3%	65.6%
Term Structure	-10.2%	-36.5%	46.1%	46.1%	-36.5%
VWIV	131.2%	75.9%	161.1%	75.9%	160.2%
Skew 25d	14.3%	-6.5%	62.2%	-5.6%	5.8%
Skew 10d	17.9%	-22.5%	78.7%	-6.9%	12.7%
Call IV 25d	131.9%	92.2%	158.6%	94.4%	158.6%
Put IV 25d	146.3%	88.7%	176.3%	88.7%	164.4%
Bid-Ask Spread %	89.99	72.70	125.84	89.77	79.24
Gamma HHI	0.18	0.15	0.21	0.19	0.19
Net GEX	4.6K	3.8K	5.7K	5.0K	4.0K
Net DEX	-369.3K	-577.6K	-177.5K	-512.6K	-285.4K
Net VEX	-749	-864	-635	-838	-675
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.99	0.00	5.00	0.25	2.00
Total Volume	5.789	0	25	10	3
Total OI	161.632	143	182	148	147

Daily Data (19 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
2025-11-03	$57.95	$45.00	96.2%	27.6%	64.2%	0.0%	75.9%	-5.6%	46.1%	5.0K	-512.6K	-838	0.25	89.77	8	2	126	22
2025-11-04	$54.23	$49.00	97.9%	28.1%	67.1%	0.0%	97.1%	-6.5%	44.7%	4.5K	-434.9K	-849	5.00	72.70	1	5	126	24
2025-11-05	$53.10	$50.00	94.2%	27.0%	65.7%	0.0%	89.1%	-2.7%	43.1%	4.3K	-404.5K	-853	0.00	81.49	4	0	126	28
2025-11-06	$55.24	$22.00	94.6%	38.9%	65.7%	0.0%	0.0%	2.0%	-12.2%	4.4K	-462.4K	-864	0.17	89.09	6	1	128	28
2025-11-07	$56.33	$22.00	89.1%	38.4%	54.1%	0.0%	132.5%	12.1%	-12.9%	4.7K	-454.7K	-763	0.19	85.96	21	4	122	27
2025-11-10	$60.87	$22.00	95.6%	38.5%	58.8%	0.0%	136.5%	4.8%	-11.8%	5.0K	-577.6K	-743	0.50	88.29	2	1	129	31
2025-11-11	$60.00	$22.00	93.3%	37.7%	58.2%	0.0%	0.0%	6.5%	-12.6%	4.8K	-557.0K	-765	0.00	92.96	0	2	130	34
2025-11-12	$58.14	$22.00	133.2%	38.2%	60.6%	0.0%	0.0%	5.1%	-17.8%	4.3K	-512.8K	-794	0.00	93.80	0	1	130	36
2025-11-13	$53.40	$22.00	141.6%	40.6%	67.8%	0.0%	138.2%	9.2%	-15.3%	4.3K	-391.3K	-800	0.00	89.65	9	0	130	37
2025-11-14	$52.58	$22.00	112.0%	32.1%	67.7%	0.0%	110.1%	62.2%	13.9%	5.7K	-379.7K	-779	2.00	116.55	3	6	139	37
2025-11-17	$48.22	$22.00	119.0%	34.1%	73.2%	0.0%	0.0%	56.3%	6.2%	5.4K	-257.5K	-701	2.00	125.84	1	2	142	40
2025-11-18	$49.19	$22.00	156.6%	44.9%	73.5%	0.0%	147.4%	23.9%	-31.2%	5.7K	-302.8K	-764	0.50	88.35	4	2	143	38
2025-11-19	$48.19	$22.00	152.7%	43.8%	73.6%	0.0%	0.0%	8.1%	-25.9%	5.7K	-296.8K	-736	0.00	88.94	2	0	142	36
2025-11-20	$45.60	$22.00	160.1%	45.9%	75.9%	0.0%	161.1%	19.2%	-30.9%	4.9K	-224.6K	-664	0.20	89.75	5	1	141	36
2025-11-21	$44.27	$22.00	161.0%	46.2%	75.2%	0.0%	153.4%	29.2%	-33.0%	3.8K	-177.5K	-635	1.50	85.61	4	6	144	37
2025-11-24	$45.20	$30.00	158.9%	45.6%	75.4%	0.0%	145.2%	26.5%	-36.3%	3.9K	-244.1K	-656	0.50	90.41	2	1	120	23
2025-11-25	$46.81	$30.00	156.0%	44.7%	76.7%	0.0%	0.0%	8.4%	-36.5%	4.0K	-275.1K	-683	0.00	82.35	0	0	122	24
2025-11-26	$45.30	$30.00	159.9%	45.8%	77.4%	0.0%	159.6%	7.6%	-34.7%	3.9K	-265.9K	-674	0.00	78.97	0	1	122	24
2025-11-28	$46.51	$30.00	162.8%	46.7%	72.5%	0.0%	160.2%	5.8%	-36.5%	4.0K	-285.4K	-675	2.00	79.24	1	2	122	25