MDBX Options History — December 2025

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

In December 2025, MDBX traded between $45.62 and $78.25. ATM implied volatility averaged 75.9%. The 30-day expected move averaged 21.6%. IV traded below realized volatility by 60.9% (HV 20d: 136.8%). Max pain ranged from $34.00 to $75.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.43.

Notable Days

2025-12-02: Highest Volume — 340 contracts
2025-12-02: Largest IV drop — 43.4% change
2025-12-01: Largest Expected Move — 45.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$70.55	$45.62	$78.25	$45.62	$71.27
Max Pain	$63.64	$34.00	$75.00	$34.00	$75.00
ATM IV	75.9%	60.9%	160.0%	160.0%	67.9%
Expected Move	21.6%	17.5%	45.9%	45.9%	19.5%
HV 20d	136.8%	55.4%	151.0%	70.3%	55.4%
HV 60d	97.7%	65.0%	102.4%	65.0%	98.4%
Term Structure	14.7%	-38.8%	32.1%	-38.8%	8.9%
VWIV	77.0%	62.5%	159.5%	159.5%	69.6%
Skew 25d	2.6%	-7.9%	12.9%	-6.8%	1.2%
Skew 10d	-1.9%	-21.9%	30.2%	-4.4%	-11.8%
Call IV 25d	74.2%	59.4%	163.7%	163.7%	61.5%
Put IV 25d	76.8%	62.7%	156.9%	156.9%	62.7%
Bid-Ask Spread %	88.14	71.27	100.68	80.10	100.68
Gamma HHI	0.26	0.18	0.38	0.19	0.38
Net GEX	845	-4.4K	5.6K	4.0K	-4.4K
Net DEX	-610.3K	-966.5K	-141.2K	-253.4K	-141.2K
Net VEX	-833	-988	-622	-622	-805
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.43	0.00	4.00	3.86	0.25
Total Volume	38.5	1	340	306	8
Total OI	208.455	92	444	149	105

Daily Data (22 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
2025-12-01	$45.62	$34.00	160.0%	45.9%	70.3%	0.0%	159.5%	-6.8%	-38.8%	4.0K	-253.4K	-622	3.86	80.10	63	243	122	27
2025-12-02	$65.90	$45.00	90.6%	26.0%	151.0%	0.0%	83.1%	0.0%	-0.2%	5.1K	-966.5K	-854	2.15	95.66	108	232	178	266
2025-12-03	$67.53	$44.00	81.5%	23.4%	148.6%	0.0%	84.6%	7.5%	-6.2%	5.6K	-861.6K	-981	1.00	98.48	3	3	168	84
2025-12-04	$64.75	$46.00	76.6%	21.8%	149.4%	0.0%	0.0%	-4.8%	25.5%	5.5K	-746.8K	-947	0.00	72.98	0	1	162	87
2025-12-05	$67.98	$46.00	79.0%	21.6%	149.7%	0.0%	76.4%	10.2%	26.0%	5.3K	-828.1K	-973	0.60	71.27	10	6	162	87
2025-12-08	$70.66	$55.00	82.5%	22.4%	150.0%	0.0%	67.8%	-1.0%	25.8%	4.5K	-910.4K	-866	0.25	78.05	8	2	161	89
2025-12-09	$69.26	$50.00	78.5%	21.3%	148.3%	0.0%	75.0%	0.2%	30.4%	4.2K	-837.0K	-848	4.00	79.69	1	4	154	91
2025-12-10	$74.02	$70.00	75.5%	21.6%	149.5%	0.0%	76.8%	3.6%	26.8%	3.8K	-916.6K	-877	1.67	76.65	6	10	153	95
2025-12-11	$72.83	$70.00	70.5%	20.2%	149.1%	0.0%	69.4%	-5.0%	30.3%	-137	-889.4K	-827	0.42	84.24	12	5	153	106
2025-12-12	$70.17	$70.00	71.1%	20.4%	145.9%	0.0%	66.3%	4.7%	27.9%	-306	-762.9K	-874	0.25	82.46	24	6	146	109
2025-12-15	$69.19	$70.00	69.5%	19.9%	145.9%	0.0%	0.0%	0.4%	31.1%	-209	-744.5K	-813	0.00	86.51	3	0	146	105
2025-12-16	$72.00	$70.00	72.7%	20.8%	141.2%	0.0%	74.0%	6.0%	32.1%	384	-822.0K	-791	0.90	84.13	10	9	148	105
2025-12-17	$69.97	$70.00	72.8%	20.9%	142.2%	0.0%	76.8%	-7.9%	31.6%	-988	-776.3K	-988	0.36	84.11	11	4	155	110
2025-12-18	$72.78	$70.00	70.6%	20.2%	141.7%	0.0%	74.3%	12.9%	8.3%	1.4K	-831.7K	-774	3.50	85.69	2	7	146	112
2025-12-19	$74.66	$70.00	66.7%	19.1%	138.8%	0.0%	68.7%	2.9%	7.1%	1.8K	-858.1K	-762	0.64	90.94	14	9	144	115
2025-12-22	$78.25	$70.00	60.9%	17.5%	137.5%	0.0%	70.5%	11.3%	12.8%	-1.5K	-258.4K	-742	0.00	97.72	0	5	53	39
2025-12-23	$77.97	$75.00	61.5%	17.6%	138.0%	0.0%	75.3%	8.4%	8.9%	-2.3K	-242.8K	-774	3.00	96.61	1	3	53	43
2025-12-24	$76.81	$75.00	64.9%	18.6%	138.7%	0.0%	62.5%	5.1%	5.5%	-2.4K	-235.8K	-796	0.00	98.87	0	3	53	45
2025-12-26	$76.69	$75.00	64.4%	18.5%	137.4%	0.0%	65.0%	6.6%	7.1%	-2.9K	-231.8K	-794	0.00	97.94	0	5	53	48
2025-12-29	$72.37	$75.00	68.4%	19.6%	140.7%	0.0%	75.7%	1.6%	8.8%	-3.8K	-155.0K	-811	0.25	96.86	4	1	53	51
2025-12-30	$71.45	$75.00	64.6%	18.5%	140.4%	0.0%	68.0%	0.3%	14.8%	-4.1K	-157.4K	-797	0.00	99.40	0	1	54	50
2025-12-31	$71.27	$75.00	67.9%	19.5%	55.4%	0.0%	69.6%	1.2%	8.9%	-4.4K	-141.2K	-805	0.00	100.68	0	8	54	51