COIN Options History — May 2021

In May 2021, COIN traded between $223.03 and $300.12. ATM implied volatility averaged 66.5%. The 30-day expected move averaged 19.0%. IV traded below realized volatility by 14.1% (HV 20d: 80.6%). Max pain ranged from $250.00 to $300.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2021-05-14: Highest Volume — 160,368 contracts
  • 2021-05-19: Largest IV spike — 18.8% change
  • 2021-05-19: Largest Expected Move — 22.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$256.43$223.03$300.12$295.64$236.91
Max Pain$271.50$250.00$300.00$300.00$250.00
ATM IV66.5%56.8%79.9%57.7%56.8%
Expected Move19.0%15.7%22.9%17.5%15.7%
HV 20d80.6%77.0%83.9%81.9%83.9%
Term Structure-0.7%-3.1%0.9%-0.2%0.9%
VWIV69.2%57.9%82.6%66.4%57.9%
Skew 25d2.6%-1.0%6.0%-1.0%3.2%
Skew 10d5.0%-2.2%11.0%-2.2%4.9%
Call IV 25d66.9%56.4%80.1%59.4%56.4%
Put IV 25d69.5%58.4%86.1%58.4%59.6%
Bid-Ask Spread %13.858.5524.2415.0915.73
Gamma HHI0.050.030.180.040.07
Net GEX2.4M-17.8M30.0M5.3M-1.2M
Net DEX77.5M-806.8M798.2M-222.3M-10.8M
Net VEX-6.3M-9.0M-4.4M-4.4M-8.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.321.270.600.68
Total Volume89,648.832,288160,36832,28885,141
Total OI230,303.65132,178324,217132,178324,217

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$295.64$300.0057.7%17.5%0.0%0.0%66.4%-1.0%-0.2%5.3M-222.3M-4.4M0.6015.0920,19712,09173,55858,620
2021-05-04$280.43$300.0060.4%18.7%0.0%0.0%70.0%0.7%-0.8%-5.9M99.4M-4.4M0.6114.5529,03717,78480,49664,508
2021-05-05$274.62$300.0059.4%18.6%0.0%0.0%67.2%1.8%-1.1%-9.5M211.7M-4.5M0.3924.2434,40013,37882,13869,587
2021-05-06$257.26$295.0065.2%17.9%0.0%0.0%65.0%3.1%-2.3%-10.6M455.0M-4.4M0.7611.8445,76034,91591,45171,489
2021-05-07$262.74$280.0061.0%16.9%0.0%0.0%60.9%3.7%-0.9%3.2M267.5M-4.9M0.7915.7329,70523,472106,08680,120
2021-05-10$295.99$280.0065.0%18.0%0.0%0.0%66.9%0.8%-1.7%17.3M-559.0M-5.8M0.3310.2380,00326,34593,47773,709
2021-05-11$300.12$280.0069.1%19.2%0.0%0.0%68.5%0.9%-2.5%26.1M-806.8M-6.5M0.329.4753,87517,426110,96983,169
2021-05-12$284.07$275.0073.7%20.2%0.0%0.0%72.3%2.0%-3.1%14.8M-375.1M-6.2M0.4310.6951,33822,118118,56485,920
2021-05-13$255.27$275.0078.5%21.9%81.9%0.0%78.6%3.1%-2.6%-4.3M382.1M-5.9M0.8410.1763,06852,866128,56494,774
2021-05-14$259.74$275.0064.6%18.4%79.8%0.0%66.8%2.6%-0.7%-5.1M439.1M-5.7M0.5911.44100,74159,627146,555108,752
2021-05-17$246.46$275.0069.1%19.7%79.2%0.0%72.2%1.9%-0.8%-8.7M438.5M-5.6M0.878.5545,63739,815119,53091,082
2021-05-18$240.93$275.0067.3%19.3%77.0%0.0%70.5%1.3%0.3%-8.6M491.9M-5.7M0.6511.5536,22523,592132,357101,375
2021-05-19$223.03$270.0079.9%22.9%78.6%0.0%82.6%6.0%-0.6%-13.2M798.2M-5.6M0.7412.8987,74565,156142,922108,207
2021-05-20$234.09$250.0073.2%21.0%79.7%0.0%76.5%3.5%-0.9%736.5K348.0M-7.1M0.7512.8175,08056,166174,911125,224
2021-05-21$225.21$250.0071.7%20.5%80.2%0.0%77.5%4.2%0.5%-17.8M571.7M-6.9M1.2717.0955,30970,208185,607134,110
2021-05-24$226.89$250.0070.2%20.1%78.3%0.0%72.8%4.8%0.5%-2.6M222.2M-7.2M0.6416.1847,75030,467133,800110,148
2021-05-25$240.60$250.0065.1%18.8%82.4%0.0%67.6%3.0%0.6%16.7M-294.0M-8.2M0.4815.6499,33447,309154,346122,448
2021-05-26$242.28$250.0061.7%17.6%82.7%0.0%63.1%3.3%0.9%22.1M-384.1M-8.7M0.6417.2847,60830,296169,537136,190
2021-05-27$246.34$250.0060.3%17.0%83.3%0.0%61.7%2.9%0.5%30.0M-522.7M-9.0M0.6115.9338,47023,522173,999143,557
2021-05-28$236.91$250.0056.8%15.7%83.9%0.0%57.9%3.2%0.9%-1.2M-10.8M-8.6M0.6815.7350,53834,603176,064148,153