MDBX Options History — March 2026

In March 2026, MDBX traded between $17.84 and $38.67. ATM implied volatility averaged 128.1%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 36.1%. IV traded below realized volatility by 103.7% (HV 20d: 231.8%). Max pain ranged from $19.00 to $33.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.49.

Notable Days

  • 2026-03-03: Highest Volume — 167 contracts
  • 2026-03-03: Largest IV drop — 24.5% change
  • 2026-03-20: Highest IV Rank — 44.2%
  • 2026-03-02: Largest Expected Move — 60.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.16$17.84$38.67$38.67$19.53
Max Pain$21.05$19.00$33.00$33.00$19.00
ATM IV128.1%106.6%210.2%210.2%117.9%
Expected Move36.1%29.8%60.3%60.3%33.8%
HV 20d231.8%106.6%256.6%161.0%106.6%
HV 60d167.4%120.7%173.5%120.7%173.5%
IV Rank38.2%30.6%44.2%35.7%38.2%
IV Percentile71.9%65.1%76.9%69.0%69.6%
Term Structure3.7%-60.1%38.2%-60.1%-0.5%
VWIV128.8%104.6%206.0%206.0%124.7%
Skew 25d13.4%-24.9%49.5%31.1%31.9%
Skew 10d19.9%-8.6%83.5%34.6%19.8%
Call IV 25d125.2%92.4%186.5%186.5%92.4%
Put IV 25d138.7%105.5%217.6%217.6%124.3%
Bid-Ask Spread %74.8439.47111.9982.1639.47
Gamma HHI0.100.070.160.080.11
Net GEX755-5501.4K4471.2K
Net DEX-38.3K-91.6K110.0K-69.1K-34.2K
Net VEX-579-805-366-778-456
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.002.000.090.00
Total Volume22.6821167121
Total OI311.955149419208188

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$38.67$33.00210.2%60.3%161.0%0.0%206.0%31.1%-60.1%447-69.1K-7780.0982.1611111296
2026-03-03$21.77$33.00158.6%45.5%255.0%0.0%152.0%20.6%-44.8%-550110.0K-3660.84105.39917613099
2026-03-04$20.99$26.00130.7%37.5%251.6%0.0%137.3%49.5%38.2%11115.7K-6330.90110.732018216142
2026-03-05$23.37$19.00141.1%39.3%256.6%0.0%0.0%22.8%-0.6%138-14.1K-7680.19110.15377231155
2026-03-06$24.46$19.00132.1%35.0%256.3%0.0%115.8%6.3%14.2%820-55.3K-8050.22104.61276250153
2026-03-09$24.66$19.00142.1%35.6%252.3%0.0%122.1%19.3%4.5%631-39.6K-7200.19111.99163249158
2026-03-10$24.80$19.00134.8%33.2%249.4%0.0%118.4%11.0%17.3%862-57.3K-7160.86103.6276247160
2026-03-11$24.43$19.00120.1%34.4%243.6%0.0%0.0%24.1%11.3%1.0K-60.3K-6720.30111.22103248162
2026-03-12$22.91$19.00119.4%38.7%243.1%0.0%0.0%4.9%10.1%959-37.0K-6650.2066.59102254165
2026-03-13$22.55$19.00113.8%41.7%243.2%0.0%126.9%-4.2%28.7%1.0K-28.8K-6310.0073.52010249155
2026-03-16$23.61$20.00116.1%33.3%243.1%0.0%0.0%11.1%13.3%1.1K-46.7K-6081.5067.3646249160
2026-03-17$24.45$20.00119.3%29.9%243.9%0.0%0.0%16.6%14.0%936-91.6K-5960.0064.65013253160
2026-03-18$24.44$20.00114.2%31.6%241.7%35.7%0.0%-20.5%5.1%1.0K-78.4K-5650.0072.5930253158
2026-03-19$24.35$20.00113.4%31.6%241.9%35.2%0.0%13.0%0.8%1.4K-69.9K-5191.0065.7033256158
2026-03-20$22.30$20.00126.9%34.1%242.3%44.2%108.4%19.0%2.0%716-32.6K-4450.0070.89210255145
2026-03-23$25.14$20.00106.6%29.8%230.4%30.6%104.6%12.0%7.2%796-82.8K-5290.0761.5015110940
2026-03-24$21.71$20.00120.0%33.7%231.8%39.6%126.2%30.9%1.3%960-67.7K-5142.0046.744811541
2026-03-25$20.20$20.00113.7%30.8%232.3%35.4%111.3%-24.9%14.1%688-30.2K-4640.4048.0810411448
2026-03-26$19.29$20.00120.9%34.7%224.6%40.2%127.2%28.1%6.0%671-31.3K-4420.5046.7610511650
2026-03-27$17.84$20.00120.7%34.6%224.7%40.0%121.7%-7.2%5.9%806-13.2K-3990.3341.1712412551
2026-03-30$18.07$19.00125.3%35.9%224.9%43.1%0.0%0.2%-6.5%965-28.1K-4410.2241.579213355
2026-03-31$19.53$19.00117.9%33.8%106.6%38.2%124.7%31.9%-0.5%1.2K-34.2K-4560.0039.471013355