8.48K calls and 6.48K puts traded on Nov 4, 2026, 14.96K contracts in total. Open interest was 199.75K contracts. Over the past 30 days, volume averaged 16.57K contracts per day. The ETN option volume chart shows volume by strike and expiration date.

Eaton IV rank is 83, so its 30-day implied volatility of 48.7% is near the top of its one-year range. Over the past year it ranged from 28.9% on Dec 3, 2025 to 52.8% on Jul 17, 2026. See the ETN implied volatility history for a longer view.

The Eaton put/call volume ratio was 0.76 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.46. The ETN open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Eaton options about one week from expiration was $384.64, 9.0% above the $352.93 close. The ETN max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 59.7%, options price a move of about ±$29.20 (±8.3%) over the next week, a range of roughly $323.73 to $382.13 from the Nov 4, 2026 close. The ETN expected move chart shows it for every expiration date.