Ethereum logoEthereum (ETH) Options

$2,362+2.17% (24h)

ETH options open interest, put/call ratios, max pain and implied volatility.

$3.63B
Options Open Interest
1,529,440 ETH
$1.18M
24h Options Volume
736 listed contracts
0.50
Put/Call Ratio (OI)
volume PCR 0.81
$2,500
Max Pain (2026-10-30)
index $2,357

ETH 30-Day ATM Implied Volatility

Daily history of the 30-day at-the-money IV

42%46%50%54%58%Jul 5Sep 1Oct 28

Higher IV means options traders are pricing bigger Ethereum moves.

ETH IV Term Structure

ATM implied volatility by expiry

ExpiryATM IVOpen Interest (ETH)Strikes
2026-10-2831.9%43,619,33831
2026-10-2946.5%38,918,28527
2026-10-3046.9%777,936,98249
2026-10-3146.2%11,161,11527
2026-11-0651.4%88,007,61515
2026-11-1350.2%26,660,50315
2026-11-2750.1%380,469,83236
2026-12-2550.9%1,466,599,85244
2027-03-2652.4%522,744,86242
2027-06-2553.1%208,388,93343
2027-09-2453.7%69,600,04639

ETH Max Pain by Expiry

The strike where option holders lose the most at settlement

ExpiryMax PainCall OIPut OITotal OI
2026-10-28$2,320$25.00M$18.62M$43.62M
2026-10-29$2,320$11.43M$27.48M$38.92M
2026-10-30$2,500$438.37M$339.57M$777.94M
2026-10-31$2,300$2.34M$8.82M$11.16M
2026-11-06$2,400$40.61M$47.40M$88.01M
2026-11-13$2,350$16.75M$9.91M$26.66M
2026-11-27$2,500$280.73M$99.74M$380.47M
2026-12-25$2,200$1.05B$413.14M$1.47B
2027-03-26$2,200$387.77M$134.98M$522.74M
2027-06-25$2,400$126.99M$81.40M$208.39M
2027-09-24$2,800$39.69M$29.91M$69.60M