ON implied volatility

ON implied volatility: the term structure across expirations and the front expiry's smile by strike.

• ON options traded $1.58M in premium on 2026-11-02: $1.35M in calls and $225.71K in puts, a net bearish lean of $746.51K.
• Put/call ratio 0.17, implied volatility 67.8%.
• Options price a move of about ±$9.71 by 2026-11-06.
• Max pain for 2026-12-18 is $75.0.

Updated 2026-11-02 17:14 UTC