COAL Options History — February 2026

In February 2026, COAL traded between $24.81 and $26.86. ATM implied volatility averaged 46.6%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 40.4% (HV 20d: 87.0%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.38.

Notable Days

  • 2026-02-17: Highest Volume — 36 contracts
  • 2026-02-10: Largest IV drop — 45.0% change
  • 2026-02-09: Highest IV Rank — 40.1%
  • 2026-02-04: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.72$24.81$26.86$26.34$26.27
Max Pain$20.79$20.00$25.00$25.00$20.00
ATM IV46.6%33.4%72.0%51.7%42.0%
Expected Move12.6%8.1%18.1%14.8%12.0%
HV 20d87.0%39.1%117.7%113.7%42.5%
HV 60d74.1%71.3%76.0%74.0%71.9%
IV Rank17.5%5.7%40.1%22.0%13.4%
IV Percentile33.9%8.0%82.9%47.3%21.9%
Term Structure-9.4%-43.5%15.8%-35.6%-11.3%
VWIV45.8%37.1%74.0%74.0%63.3%
Skew 25d5.7%-25.7%43.1%-3.8%11.3%
Skew 10d8.7%-5.3%32.6%6.1%32.6%
Call IV 25d43.0%29.7%68.7%44.5%46.4%
Put IV 25d48.8%23.3%78.1%40.7%57.6%
Bid-Ask Spread %122.04112.07139.78129.99121.84
Gamma HHI0.220.170.320.190.32
Net GEX22.2K16.3K30.3K18.6K24.2K
Net DEX-662.5K-780.2K-508.7K-734.0K-727.6K
Net VEX-973-1.3K-603-1.1K-603
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.006.000.170.00
Total Volume11.78903675
Total OI445404495435425

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$26.34$25.0051.7%14.8%113.7%22.0%0.0%-3.8%-35.6%18.6K-734.0K-1.1K0.17129.99N/AN/A6142015
2026-02-03$25.38$25.0043.9%12.6%114.5%15.1%0.0%-12.3%11.4%16.3K-619.9K-1.3K0.00139.78N/AN/A1042614
2026-02-04$26.86$25.0063.0%18.1%115.9%32.0%0.0%43.1%-19.1%21.1K-780.2K-1.0K0.00131.77N/AN/A21043714
2026-02-05$25.71$20.0051.2%11.9%117.2%21.6%0.0%10.1%-20.7%21.8K-655.7K-9480.00122.02N/AN/A0043414
2026-02-06$26.12$20.0057.4%15.8%117.1%27.1%74.0%3.6%-43.5%24.6K-705.3K-9580.13120.83N/AN/A8143414
2026-02-09$26.54$20.0072.0%12.2%117.1%40.1%0.0%-17.9%-7.7%20.9K-745.0K-9310.00116.07N/AN/A7042815
2026-02-10$25.64$20.0039.6%8.1%117.4%11.3%0.0%6.0%6.4%21.7K-681.3K-1.1K0.00112.07N/AN/A9043515
2026-02-11$26.25$20.0050.5%14.5%117.7%20.9%37.1%16.8%1.5%21.6K-737.2K-1.0K0.00117.06N/AN/A25044414
2026-02-12$25.61$20.0034.8%10.0%116.8%6.9%40.6%29.9%-2.2%21.6K-675.7K-1.2K0.04116.28N/AN/A23145414
2026-02-13$25.50$20.0035.4%10.1%116.4%7.5%40.2%29.3%13.0%23.3K-659.2K-1.2K0.00121.49N/AN/A25046915
2026-02-17$25.39$20.0033.4%9.6%116.2%5.7%44.3%1.7%-10.4%30.3K-642.1K-8320.00115.97N/AN/A36047520
2026-02-18$25.84$20.0040.1%11.5%83.7%11.7%52.2%-25.7%-16.5%27.2K-691.1K-7090.00123.65N/AN/A6043720
2026-02-19$25.14$20.0055.9%16.0%42.0%25.7%43.3%6.2%-6.0%26.7K-587.2K-9166.00124.40N/AN/A1643320
2026-02-20$24.81$20.0045.6%13.1%41.7%16.5%38.9%10.5%2.0%19.3K-508.7K-1.0K0.18122.39N/AN/A11243221
2026-02-23$25.45$20.0037.5%10.8%42.6%9.4%37.2%-9.4%-5.5%20.2K-605.5K-8780.00118.75N/AN/A903977
2026-02-24$25.34$20.0049.0%14.0%41.1%19.6%40.1%-2.2%-35.9%20.2K-624.4K-9340.00124.47N/AN/A304067
2026-02-25$25.47$20.0038.2%10.9%40.1%10.0%38.6%0.3%-14.9%20.8K-613.9K-9040.00120.19N/AN/A904067
2026-02-26$25.11$20.0044.9%12.9%39.1%16.0%0.0%11.6%15.8%20.7K-594.1K-9260.00119.72N/AN/A804107
2026-02-27$26.27$20.0042.0%12.0%42.5%13.4%63.3%11.3%-11.3%24.2K-727.6K-6030.00121.84N/AN/A054187