Mar 18, 2026 - Mar 20, 2026, the 'March 31' option price spiked from 6.5c to 18.5c. The reason is likely driven by unverified rumors on social media or speculative capital betting on a low-probability 'month-end surprise drop,' causing a counter-intuitive rebound despite the passing of the vernal equinox and lack of official news.
Mar 11, 2026 - Mar 14, 2026, the 'April 30' option price dropped from 69.5c to 58.5c. The reason is that as mid-March approaches with zero official teasers, the market is realizing the 'winter album' concept is expiring, leading to a sell-off of near-term (Mar-Apr) possibilities in favor of a longer delay.
Mar 5, 2026 - Mar 6, 2026, the 'March 31' option price crashed from 43c to 27.5c. The reason is the arrival of the first Friday of March (Mar 6) with zero promotional activity. With the vernal equinox only two weeks away, market confidence in an on-time winter release collapsed.