April 9, 2026 - April 10, 2026: The price of the December 31, 2026 option jumped from 63c to 74c (an increase of >10c). This was driven by capital adjusting its pricing strategy for a TGE before year-end, leading to a short-term influx of buying pressure.
March 12, 2026 - March 28, 2026: Overall trading volume remained low. None of the options experienced a significant price jump of over 10 cents. Pricing for longer-dated options gradually became more rational, correcting severe inversions seen previously, though minor frictions remained.
Prior to March 12, 2026: Trading volume was extremely low, and insufficient historical data existed to confirm significant volatility. The price structure primarily reflected pricing inefficiencies in longer-dated options due to illiquidity.