BTM Options History — April 2026

Name: BTM Options Analytics - April 2026
Creator: Options Analysis Suite

In April 2026, BTM traded between $2.00 and $2.24. ATM implied volatility averaged 176.2%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 50.5%. IV traded above realized volatility by 74.3% (HV 20d: 101.8%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 1 of 2 days.

Notable Days

2026-04-02: Largest IV spike — 9.3% change
2026-04-02: Highest IV Rank — 32.7%
2026-04-02: Largest Expected Move — 52.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.12	$2.00	$2.24	$2.24	$2.00
Max Pain	$4.00	$4.00	$4.00	$4.00	$4.00
ATM IV	176.2%	168.3%	184.0%	168.3%	184.0%
Expected Move	50.5%	48.3%	52.8%	48.3%	52.8%
HV 20d	101.8%	96.1%	107.6%	107.6%	96.1%
HV 60d	112.8%	112.1%	113.4%	112.1%	113.4%
IV Rank	30.8%	29.0%	32.7%	29.0%	32.7%
IV Percentile	73.5%	70.0%	76.9%	70.0%	76.9%
Term Structure	-2.1%	-13.0%	8.9%	8.9%	-13.0%
Skew 25d	-10.6%	-23.2%	2.1%	-23.2%	2.1%
Skew 10d	-24.7%	-37.1%	-12.2%	-12.2%	-37.1%
Call IV 25d	185.8%	183.8%	187.7%	187.7%	183.8%
Put IV 25d	175.2%	164.5%	185.9%	164.5%	185.9%
Bid-Ask Spread %	11.51	8.77	14.25	14.25	8.77
Gamma HHI	0.17	0.17	0.17	0.17	0.17
Net GEX	10.5K	10.0K	11.0K	11.0K	10.0K
Net DEX	-1.8M	-2.0M	-1.6M	-2.0M	-1.6M
Net VEX	-10.8K	-11.2K	-10.3K	-11.2K	-10.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
Total Volume	0	0	0	0	0
Total OI	18,022	18,022	18,022	18,022	18,022

Daily Data (2 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$2.24	$4.00	168.3%	48.3%	107.6%	29.0%	0.0%	-23.2%	8.9%	11.0K	-2.0M	-11.2K	0.00	14.25	N/A	N/A	0	0	17,590	432
2026-04-02	$2.00	$4.00	184.0%	52.8%	96.1%	32.7%	0.0%	2.1%	-13.0%	10.0K	-1.6M	-10.3K	0.00	8.77	N/A	N/A	0	0	17,590	432