BLSH Options History — March 2026

In March 2026, BLSH traded between $33.33 and $40.13. ATM implied volatility averaged 78.2%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 22.5%. IV traded above realized volatility by 5.9% (HV 20d: 72.3%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2026-03-04: Highest Volume — 13,577 contracts
  • 2026-03-05: Largest IV spike — 5.4% change
  • 2026-03-09: Highest IV Rank — 46.6%
  • 2026-03-12: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.74$33.33$40.13$33.63$35.80
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV78.2%73.6%83.7%76.4%76.6%
Expected Move22.5%21.1%24.9%22.2%22.0%
HV 20d72.3%57.7%96.9%92.2%74.1%
HV 60d72.1%68.1%74.5%69.6%74.5%
IV Rank32.3%20.3%46.6%27.6%28.3%
IV Percentile31.5%13.2%55.9%25.2%27.6%
Term Structure0.1%-2.1%2.8%-1.2%-0.2%
VWIV79.4%74.6%86.8%76.3%74.6%
Skew 25d3.0%-17.4%12.6%4.0%4.9%
Skew 10d5.2%-24.4%46.6%11.7%46.6%
Call IV 25d78.7%67.7%105.3%76.6%76.0%
Put IV 25d81.7%76.6%87.9%80.6%80.9%
Bid-Ask Spread %39.5422.7565.2344.7433.83
Gamma HHI0.100.060.190.100.14
Net GEX469.5K-107.8K1.4M39.9K133.1K
Net DEX-13.9M-32.4M6.9M6.9M-10.0M
Net VEX-258.8K-289.0K-209.7K-261.2K-222.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.121.760.210.22
Total Volume4,430.45578813,5773,6121,443
Total OI69,699.27339,53088,60779,55140,043

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$33.63$40.0076.4%22.2%92.2%27.6%76.3%4.0%-1.2%39.9K6.9M-261.2K0.2144.74N/AN/A2,97863441,67637,875
2026-03-03$33.38$40.0075.2%22.5%91.0%24.6%81.6%3.5%-1.1%251.9K4.4M-268.0K0.2953.08N/AN/A1,12433043,59838,125
2026-03-04$36.97$40.0077.8%22.8%94.2%31.4%80.9%0.7%-0.4%670.7K-24.0M-281.8K0.9065.23N/AN/A7,1436,43443,88938,095
2026-03-05$35.16$40.0082.0%22.5%96.9%42.2%86.8%2.7%-2.0%646.2K-7.9M-289.0K1.7637.29N/AN/A1,1692,05247,92840,679
2026-03-06$35.00$40.0083.0%23.1%87.6%45.0%83.4%-17.4%-2.1%1.4M-4.7M-272.2K0.1754.31N/AN/A4,87183648,10939,510
2026-03-09$36.00$40.0083.7%23.8%85.0%46.6%84.0%8.2%-1.3%169.6K-5.0M-273.6K0.1561.64N/AN/A2,60239944,57436,030
2026-03-10$36.91$40.0082.1%23.3%57.9%42.6%80.0%0.9%-0.5%435.8K-14.2M-275.5K0.4648.18N/AN/A2,18599545,67036,196
2026-03-11$37.36$40.0083.2%23.6%57.7%45.3%82.7%7.6%-1.5%550.9K-19.6M-277.6K0.3250.50N/AN/A90928745,96436,278
2026-03-12$36.37$40.0079.9%24.9%58.1%36.8%83.2%-1.8%1.6%435.5K-11.7M-268.8K0.6537.90N/AN/A98564446,32836,328
2026-03-13$36.73$40.0082.9%24.5%58.1%44.7%84.2%4.7%1.7%781.2K-13.7M-262.3K1.2322.75N/AN/A4,6835,77646,51336,314
2026-03-16$39.52$40.0079.2%22.6%62.4%35.0%82.2%4.4%2.1%533.2K-26.1M-273.7K0.4831.26N/AN/A3,0201,44644,33335,728
2026-03-17$40.13$40.0075.6%21.8%62.4%25.6%77.0%3.8%0.8%888.2K-32.4M-275.4K0.4727.81N/AN/A1,50871146,17736,256
2026-03-18$38.53$40.0074.5%21.4%64.8%22.7%75.3%1.2%1.1%640.1K-22.5M-266.1K0.1629.59N/AN/A1,04417146,67736,329
2026-03-19$39.62$40.0073.6%21.1%65.1%20.3%75.4%2.5%0.5%1.2M-32.3M-262.4K1.2434.21N/AN/A4,1875,21047,18335,831
2026-03-20$37.95$40.0074.4%21.3%67.3%22.5%74.9%3.1%0.2%327.6K-18.6M-247.4K1.2831.21N/AN/A5,0666,46445,67835,082
2026-03-23$39.84$40.0076.5%22.2%65.8%28.0%74.9%12.6%0.4%482.9K-27.5M-256.1K0.1235.22N/AN/A2,56129525,14815,526
2026-03-24$37.51$40.0076.0%21.9%70.9%26.8%77.1%3.5%0.1%306.1K-18.6M-248.2K0.7633.79N/AN/A80360726,68815,611
2026-03-25$37.63$40.0074.5%21.2%68.2%22.7%79.2%6.6%2.8%189.3K-17.5M-244.1K0.3333.25N/AN/A1,89763126,85115,872
2026-03-26$36.45$40.0076.1%21.4%69.6%26.8%78.4%3.0%2.2%111.2K-11.4M-237.2K0.8528.79N/AN/A42636228,12416,371
2026-03-27$34.45$40.0078.0%22.1%71.7%31.9%78.6%4.0%-1.0%184.8K-1.1M-220.9K1.3238.85N/AN/A4,5816,02828,20716,460
2026-03-30$33.33$40.0078.5%22.3%69.7%33.1%76.7%3.3%-0.3%-107.8K704.0K-209.7K0.6936.52N/AN/A1,16680723,72215,808
2026-03-31$35.80$40.0076.6%22.0%74.1%28.3%74.6%4.9%-0.2%133.1K-10.0M-222.3K0.2233.83N/AN/A1,18525824,18715,856