OTEX Options History — March 2026

In March 2026, OTEX traded between $21.55 and $25.75. ATM implied volatility averaged 45.2%, placing in the 53.9% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 4.4% (HV 20d: 40.8%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.49.

Notable Days

  • 2026-03-17: Highest Volume — 695 contracts
  • 2026-03-09: Largest IV spike — 38.6% change
  • 2026-03-30: Highest IV Rank — 64.1%
  • 2026-03-12: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.46$21.55$25.75$24.53$22.25
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV45.2%36.6%50.9%42.9%46.0%
Expected Move13.1%11.6%16.8%12.3%13.2%
HV 20d40.8%32.6%60.1%60.1%37.5%
HV 60d42.4%40.3%44.8%40.3%44.8%
IV Rank53.9%38.3%64.1%49.8%55.3%
IV Percentile84.8%61.1%94.4%81.3%85.7%
Term Structure2.0%-3.6%6.9%-1.4%3.7%
VWIV46.1%40.9%54.3%44.0%45.5%
Skew 25d4.2%-1.4%7.7%3.2%5.8%
Skew 10d18.6%-18.5%58.2%58.2%15.2%
Call IV 25d45.4%41.2%51.9%45.1%46.0%
Put IV 25d49.6%44.8%53.9%48.3%51.7%
Bid-Ask Spread %63.6531.71100.7198.4831.71
Gamma HHI0.500.290.950.350.45
Net GEX-91.4K-615.6K23.9K-18.0K-73.6K
Net DEX1.2M-811.3K2.6M405.9K1.5M
Net VEX-10.7K-12.0K-8.7K-11.9K-10.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.019.442.310.11
Total Volume183.905306954330
Total OI4,191.0952,8795,0904,4993,652

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$24.53$25.0042.9%12.3%60.1%49.8%44.0%3.2%-1.4%-18.0K405.9K-11.9K2.3198.48N/AN/A13302,0252,474
2026-03-03$24.77$25.0044.7%12.8%59.4%52.9%47.4%6.0%-3.6%-12.1K232.7K-12.0K1.69100.71N/AN/A13222,0302,496
2026-03-04$25.20$25.0041.5%11.9%53.3%47.2%42.3%5.0%-0.8%4.3K-204.1K-11.4K2.4389.40N/AN/A37902,0352,505
2026-03-05$25.75$25.0041.5%11.6%53.4%47.1%40.9%3.7%6.9%23.7K-811.3K-10.9K0.0986.85N/AN/A5352,0392,509
2026-03-06$25.48$25.0036.6%13.3%51.9%38.3%45.7%1.1%0.6%15.6K-322.5K-11.8K0.4380.15N/AN/A28121,9412,513
2026-03-09$25.65$25.0050.7%12.9%41.3%63.8%46.8%7.0%2.4%23.9K-404.3K-11.2K0.0183.08N/AN/A55261,9322,524
2026-03-10$24.88$25.0047.7%12.2%42.5%58.4%43.2%4.8%2.3%-13.7K425.3K-10.8K0.1387.25N/AN/A234311,8122,526
2026-03-11$24.02$25.0042.7%12.3%41.9%49.4%43.8%4.7%1.8%-52.5K1.1M-11.0K0.1085.44N/AN/A145141,9052,562
2026-03-12$23.39$25.0044.6%16.8%33.5%52.8%44.3%3.6%1.9%-83.7K1.6M-10.3K0.0741.99N/AN/A181121,9522,569
2026-03-13$22.96$25.0043.6%14.4%33.5%51.1%48.8%3.2%0.4%-129.5K2.0M-9.8K9.4443.73N/AN/A9851,8492,547
2026-03-16$22.34$25.0044.9%12.6%32.6%53.3%44.4%4.7%1.5%-193.1K2.6M-8.7K1.2859.02N/AN/A1171501,8522,556
2026-03-17$23.11$25.0044.6%12.4%35.3%52.8%43.6%-1.2%4.0%-149.7K1.9M-9.5K4.0758.52N/AN/A1375581,9272,668
2026-03-18$22.96$25.0047.2%13.5%34.1%57.5%0.0%-1.4%0.5%-198.1K2.3M-10.8K0.1660.37N/AN/A5891,9963,091
2026-03-20$22.61$25.0047.1%13.3%34.4%57.3%48.7%7.7%1.2%-615.6K2.3M-10.0K1.4439.96N/AN/A771112,0972,993
2026-03-23$23.11$25.0047.6%13.4%35.6%58.2%53.3%4.8%3.1%-50.0K1.2M-10.1K5.4546.15N/AN/A1065789821,897
2026-03-24$22.11$25.0046.8%12.9%36.4%56.7%47.0%7.3%3.5%-78.8K1.8M-10.4K0.5455.32N/AN/A79439672,434
2026-03-25$22.13$25.0044.4%12.6%36.0%52.4%0.0%5.7%4.3%-79.7K1.7M-10.9K0.8352.03N/AN/A18151,0402,465
2026-03-26$22.30$25.0045.1%12.9%35.2%53.7%44.1%6.7%4.4%-77.4K1.6M-10.8K0.2839.17N/AN/A60171,0592,465
2026-03-27$21.55$25.0048.6%13.9%34.9%60.0%47.7%2.7%1.6%-80.7K1.9M-10.7K0.2144.42N/AN/A3981,0962,451
2026-03-30$21.55$25.0050.9%14.6%35.0%64.1%54.3%2.5%3.5%-80.7K1.9M-10.4K0.2352.87N/AN/A65151,1272,453
2026-03-31$22.25$25.0046.0%13.2%37.5%55.3%45.5%5.8%3.7%-73.6K1.5M-10.6K0.1131.71N/AN/A2731,1922,460