MEMX Options History — February 2026

In February 2026, MEMX traded between $38.89 and $48.05. ATM implied volatility averaged 53.4%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 47.2% (HV 20d: 100.6%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2026-02-10: Largest IV spike — 148.6% change
  • 2026-02-10: Highest IV Rank — 64.7%
  • 2026-02-04: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.20$38.89$48.05$38.89$43.52
ATM IV53.4%29.4%131.1%50.2%34.3%
Expected Move13.5%8.4%22.4%14.4%9.8%
HV 20d100.6%84.3%108.4%98.7%100.8%
HV 60d100.0%93.9%105.6%93.9%98.9%
IV Rank24.0%11.5%64.7%22.4%14.1%
IV Percentile57.5%4.8%97.5%65.8%16.2%
Term Structure-18.2%-34.0%-2.4%-24.3%-9.7%
Skew 25d6.8%-3.1%18.2%-3.1%0.3%
Skew 10d27.5%8.6%47.3%11.9%8.6%
Call IV 25d40.2%22.5%61.3%61.3%38.8%
Put IV 25d47.0%34.9%62.8%58.2%39.1%
Bid-Ask Spread %148.01136.26159.39158.91143.04
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$38.89$0.0050.2%14.4%98.7%22.4%0.0%-3.1%-24.3%0000.00158.91N/AN/A0000
2026-02-03$42.93$0.0037.9%10.9%103.4%15.9%0.0%5.0%-7.1%0000.00158.69N/AN/A0000
2026-02-04$46.38$0.0078.1%22.4%106.5%37.0%0.0%0.0%-7.5%0000.00159.39N/AN/A0000
2026-02-05$44.22$0.0059.9%10.6%108.4%27.4%0.0%18.2%-2.4%0000.00152.65N/AN/A0000
2026-02-06$44.22$0.0045.8%8.5%100.9%20.1%0.0%14.4%-2.8%0000.00151.08N/AN/A0000
2026-02-09$44.55$0.0052.8%9.0%90.6%23.7%0.0%13.6%-4.6%0000.00149.47N/AN/A0000
2026-02-10$48.05$0.00131.1%20.0%84.3%64.7%0.0%0.0%0.0%0000.00148.54N/AN/A0000
2026-02-11$40.25$0.0047.2%13.5%106.2%20.8%0.0%5.5%-34.0%0000.00146.64N/AN/A0000
2026-02-12$40.23$0.0044.1%12.7%106.2%19.2%0.0%3.8%-20.9%0000.00147.95N/AN/A0000
2026-02-13$40.10$0.0044.5%12.8%101.4%19.4%0.0%5.3%-27.3%0000.00147.75N/AN/A0000
2026-02-17$40.10$0.0045.7%13.1%101.4%20.0%0.0%4.8%-31.5%0000.00148.03N/AN/A0000
2026-02-18$40.10$0.0047.6%13.6%100.8%21.0%0.0%5.8%-33.0%0000.00147.38N/AN/A0000
2026-02-19$39.94$0.0047.9%13.7%100.7%21.1%0.0%6.7%-18.5%0000.00147.76N/AN/A0000
2026-02-20$43.59$0.0029.4%8.4%96.4%11.5%0.0%3.4%-5.2%0000.00144.38N/AN/A0000
2026-02-23$39.94$0.0058.8%16.9%101.1%26.9%0.0%9.3%-29.1%0000.00143.25N/AN/A0000
2026-02-24$39.94$0.0065.3%18.7%100.6%30.3%0.0%11.9%-31.7%0000.00140.48N/AN/A0000
2026-02-25$41.25$0.0061.4%17.6%101.4%28.2%0.0%10.7%-30.3%0000.00140.47N/AN/A0000
2026-02-26$43.52$0.0031.8%9.1%100.8%12.7%0.0%-0.1%-7.9%0000.00136.26N/AN/A0000
2026-02-27$43.52$0.0034.3%9.8%100.8%14.1%0.0%0.3%-9.7%0000.00143.04N/AN/A0000