IT Options History — March 2026

In March 2026, IT traded between $150.62 and $172.03. ATM implied volatility averaged 54.9%, placing in the 66.3% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 4.1% (HV 20d: 50.8%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 4.80.

Notable Days

  • 2026-03-19: Highest Volume — 4,065 contracts
  • 2026-03-31: Largest IV drop — 12.5% change
  • 2026-03-30: Highest IV Rank — 78.1%
  • 2026-03-30: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$161.14$150.62$172.03$158.56$158.50
Max Pain$156.82$150.00$160.00$150.00$160.00
ATM IV54.9%51.3%60.8%55.0%53.2%
Expected Move15.7%14.3%17.4%15.8%15.3%
HV 20d50.8%35.9%103.8%102.4%44.9%
HV 60d67.6%66.0%69.6%66.0%68.7%
IV Rank66.3%59.3%78.1%66.6%63.0%
IV Percentile88.9%82.5%96.0%91.7%82.9%
Term Structure4.5%-1.7%11.2%-0.6%11.2%
VWIV54.5%43.9%61.9%55.7%55.1%
Skew 25d6.0%2.3%8.2%4.5%7.8%
Skew 10d15.1%5.1%33.7%27.8%20.9%
Call IV 25d51.8%49.0%57.3%54.0%52.0%
Put IV 25d57.7%53.5%65.5%58.5%59.8%
Bid-Ask Spread %41.4824.3778.5077.6734.25
Gamma HHI0.160.130.340.140.15
Net GEX1.5M591.6K2.5M1.2M1.0M
Net DEX-28.1M-55.5M271.6K-16.5M-13.3M
Net VEX-327.5K-367.9K-285.6K-340.4K-316.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.800.0528.671.110.67
Total Volume922.909794,0651,448167
Total OI15,474.90910,78517,85816,05112,031

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$158.56$150.0055.0%15.8%102.4%66.6%55.7%4.5%-0.6%1.2M-16.5M-340.4K1.1177.6768776110,9745,077
2026-03-03$164.31$150.0054.6%15.6%103.8%65.7%56.0%3.9%-1.7%1.4M-35.3M-348.2K0.8675.6915913711,5835,088
2026-03-04$166.81$150.0052.2%15.0%47.5%61.1%52.5%3.4%0.0%1.4M-41.4M-353.0K0.9878.5043042311,6155,173
2026-03-05$172.03$155.0054.1%15.0%48.5%64.9%52.3%5.7%3.6%1.4M-55.5M-367.9K5.5340.084272,36311,9385,197
2026-03-06$168.88$155.0056.6%15.4%45.7%69.8%57.9%6.1%2.5%1.5M-49.3M-367.6K6.1738.787244412,0095,232
2026-03-09$167.35$155.0056.8%15.6%44.8%70.1%54.6%6.2%2.7%1.6M-45.8M-356.0K0.4944.271798712,0595,249
2026-03-10$159.64$155.0057.2%15.5%47.1%71.0%55.4%5.7%1.8%1.8M-26.2M-335.8K0.4340.8328512212,0795,264
2026-03-11$160.99$155.0055.2%15.8%47.0%67.0%52.1%6.4%2.2%1.8M-29.9M-338.8K0.0941.403022812,0715,278
2026-03-12$161.56$155.0053.9%17.0%46.9%64.3%53.2%4.3%4.1%1.9M-35.2M-343.7K18.6627.791342,50112,2945,287
2026-03-13$165.52$155.0053.7%16.2%45.4%64.0%53.8%4.5%4.1%1.9M-45.2M-343.0K2.8036.7930685612,2865,251
2026-03-16$160.68$155.0052.4%15.4%46.4%61.4%52.5%2.3%2.9%2.1M-33.2M-323.5K14.0141.821091,52712,3185,237
2026-03-17$163.08$160.0051.3%14.3%46.4%59.3%51.3%4.7%6.1%2.2M-39.1M-323.1K15.6834.27931,45812,3305,348
2026-03-18$159.01$160.0053.1%15.0%45.0%62.8%53.9%6.4%5.7%2.5M-27.1M-311.4K0.2335.081363112,4065,452
2026-03-19$159.29$160.0051.9%14.8%44.0%60.4%43.9%6.9%6.8%2.5M-34.1M-310.9K28.6738.251373,92812,4575,285
2026-03-20$160.37$160.0051.9%15.1%43.3%60.4%56.9%6.1%2.4%2.5M-41.6M-304.0K2.6835.715615012,5155,109
2026-03-23$164.58$160.0053.2%15.1%35.9%63.0%52.2%8.0%7.1%861.8K-16.3M-312.1K0.0534.22422217,0653,720
2026-03-24$152.13$160.0057.9%16.6%46.5%72.3%56.7%7.9%6.5%650.4K-3.4M-290.7K0.9433.151771677,4303,717
2026-03-25$150.62$160.0057.7%16.6%46.2%71.9%55.4%8.2%6.5%591.6K271.6K-285.6K0.4424.373531557,5563,852
2026-03-26$156.23$160.0055.0%15.8%46.1%66.6%53.6%7.7%9.3%791.9K-7.5M-305.6K0.1028.01272277,7413,937
2026-03-27$155.47$160.0059.1%16.9%46.1%74.7%61.1%6.8%8.0%815.4K-8.1M-307.8K3.6539.2717628,0283,926
2026-03-30$159.44$160.0060.8%17.4%46.8%78.1%61.9%8.2%6.8%979.1K-15.0M-319.5K1.3132.3959778,0363,948
2026-03-31$158.50$160.0053.2%15.3%44.9%63.0%55.1%7.8%11.2%1.0M-13.3M-316.8K0.6734.25100678,0523,979