MDBX Options History — February 2026

In February 2026, MDBX traded between $33.74 and $54.89. ATM implied volatility averaged 160.2%. The 30-day expected move averaged 48.5%. IV traded above realized volatility by 18.5% (HV 20d: 141.6%). Max pain ranged from $33.00 to $70.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.05.

Notable Days

  • 2026-02-06: Highest Volume — 30 contracts
  • 2026-02-11: Largest IV spike — 43.8% change
  • 2026-02-25: Largest Expected Move — 59.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.40$33.74$54.89$53.53$38.50
Max Pain$49.79$33.00$70.00$70.00$33.00
ATM IV160.2%105.0%206.0%105.5%201.2%
Expected Move48.5%30.3%59.1%30.3%57.7%
HV 20d141.6%120.8%175.0%120.8%160.9%
HV 60d128.3%115.8%143.3%115.8%143.3%
Term Structure-26.2%-53.2%51.7%37.1%-47.2%
VWIV175.1%127.1%226.6%127.1%208.4%
Skew 25d18.7%-52.9%41.4%-0.9%38.8%
Skew 10d28.0%-24.9%103.9%-19.8%33.8%
Call IV 25d156.9%110.8%185.7%110.8%184.4%
Put IV 25d175.5%109.9%223.2%109.9%223.2%
Bid-Ask Spread %90.0878.46126.83108.4683.35
Gamma HHI0.150.080.210.210.08
Net GEX620-601.4K773397
Net DEX-36.6K-100.5K20.9K-25.3K-55.5K
Net VEX-673-849-465-592-770
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.009.001.002.00
Total Volume9.579030212
Total OI137.6328519985199

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$53.53$70.00105.5%30.3%120.8%0.0%0.0%-0.9%37.1%773-25.3K-5920.00108.46025035
2026-02-03$45.80$70.00118.8%34.1%124.7%0.0%127.1%2.6%24.6%47320.9K-4651.00110.81335035
2026-02-04$45.94$70.00122.1%35.0%122.4%0.0%131.0%-52.9%51.7%5613.8K-5260.14126.83715336
2026-02-05$41.05$50.00119.0%45.6%124.2%0.0%0.0%11.1%-31.9%58010.8K-4890.0085.11006036
2026-02-06$45.42$50.00105.0%44.0%128.1%0.0%151.5%21.8%-25.9%6948.0K-4979.0088.893276035
2026-02-09$49.13$50.00125.5%48.1%132.8%0.0%154.5%30.7%-36.0%-60-20.0K-6620.0086.351105962
2026-02-10$54.89$50.00114.9%45.2%139.8%0.0%161.4%19.9%-23.6%1.4K-88.5K-7300.1587.281326864
2026-02-11$50.09$50.00165.1%47.3%142.7%0.0%0.0%24.1%-34.3%725-60.4K-7940.0089.04107764
2026-02-12$48.91$50.00165.9%47.6%136.3%0.0%164.6%21.8%-36.5%433-43.9K-7540.0083.531207764
2026-02-13$51.31$50.00171.2%49.1%137.8%0.0%174.3%31.8%-35.7%1.4K-100.5K-8490.0085.59088564
2026-02-17$47.27$50.00180.4%51.7%138.4%0.0%172.9%40.4%-45.5%483-42.3K-7410.2087.01518567
2026-02-18$50.25$50.00176.0%50.4%137.9%0.0%183.3%19.6%-40.1%1.2K-78.5K-7870.5086.28218668
2026-02-19$47.75$50.00181.3%52.0%138.5%0.0%183.2%20.0%-33.2%520-60.8K-7630.0087.84018668
2026-02-20$44.45$50.00177.3%50.8%135.8%0.0%176.2%10.7%-36.5%789-34.1K-6660.2287.68928664
2026-02-23$33.74$47.00201.5%57.8%163.6%0.0%184.0%15.2%-36.4%37316.6K-5020.3384.772177849
2026-02-24$36.72$40.00201.2%57.7%166.1%0.0%207.7%33.5%-46.2%379-32.7K-6710.9083.231099566
2026-02-25$36.42$33.00206.0%59.1%165.5%0.0%226.6%41.4%-53.2%269-31.7K-7270.0081.060410585
2026-02-26$41.46$33.00205.8%59.0%175.0%0.0%194.0%24.9%-48.9%400-81.5K-7930.2578.464110589
2026-02-27$38.50$33.00201.2%57.7%160.9%0.0%208.4%38.8%-47.2%397-55.5K-7702.0083.354810990