COIN Options History — February 2022

In February 2022, COIN traded between $173.18 and $214.10. ATM implied volatility averaged 80.4%, placing in the 77.2% IV rank vs the trailing year. The 30-day expected move averaged 23.2%. IV traded above realized volatility by 0.2% (HV 20d: 80.2%). Max pain ranged from $210.00 to $230.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.75.

Notable Days

2022-02-25: Highest Volume — 117,474 contracts
2022-02-25: Largest IV drop — 16.1% change
2022-02-22: Highest IV Rank — 96.5%
2022-02-23: Largest Expected Move — 27.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$193.55	$173.18	$214.10	$197.59	$189.50
Max Pain	$225.79	$210.00	$230.00	$230.00	$210.00
ATM IV	80.4%	71.8%	89.3%	74.2%	71.8%
Expected Move	23.2%	21.2%	27.3%	21.6%	21.7%
HV 20d	80.2%	71.1%	90.4%	71.1%	84.1%
HV 60d	68.1%	64.0%	72.6%	64.0%	72.6%
IV Rank	77.2%	58.8%	96.5%	64.0%	58.8%
IV Percentile	94.8%	85.1%	99.1%	94.4%	85.1%
Term Structure	-2.2%	-4.1%	-0.3%	-0.8%	-0.3%
VWIV	81.8%	75.0%	94.7%	77.2%	76.7%
Skew 25d	10.1%	6.6%	13.1%	10.1%	10.5%
Skew 10d	21.3%	16.6%	26.8%	20.3%	19.6%
Call IV 25d	76.8%	68.2%	84.4%	70.5%	68.2%
Put IV 25d	86.8%	78.7%	97.4%	80.6%	78.7%
Bid-Ask Spread %	22.63	14.12	29.07	16.86	22.40
Gamma HHI	0.04	0.03	0.14	0.04	0.03
Net GEX	1.2M	-10.5M	19.1M	5.5M	7.0M
Net DEX	351.6M	-257.5M	798.9M	323.7M	257.1M
Net VEX	-11.2M	-12.7M	-9.5M	-11.6M	-10.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.75	0.40	1.10	0.73	0.45
Total Volume	70,631.947	43,730	117,474	71,506	81,203
Total OI	403,420.895	352,314	439,415	394,373	364,915

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$197.59	$230.00	74.2%	21.6%	71.1%	64.0%	77.2%	10.1%	-0.8%	5.5M	323.7M	-11.6M	0.73	16.86	41,221	30,285	222,525	171,848
2022-02-02	$186.40	$225.00	76.9%	22.1%	72.9%	69.7%	82.1%	8.8%	-1.0%	-3.4M	675.4M	-10.9M	0.97	14.12	25,593	24,701	226,667	178,219
2022-02-03	$180.62	$225.00	84.5%	23.1%	71.3%	86.1%	81.8%	10.5%	-3.4%	-7.8M	798.9M	-10.6M	1.10	26.73	20,810	22,920	229,563	182,042
2022-02-04	$195.10	$225.00	81.1%	22.6%	78.2%	78.8%	79.6%	6.6%	-1.1%	-1.4M	306.4M	-11.7M	0.55	23.12	55,873	30,572	232,198	185,371
2022-02-07	$206.32	$225.00	83.1%	23.1%	81.6%	83.2%	80.6%	7.9%	-1.7%	5.8M	22.2M	-12.4M	0.40	22.01	77,392	30,977	214,333	173,165
2022-02-08	$207.51	$230.00	79.2%	22.3%	80.8%	74.8%	78.1%	8.6%	-2.4%	8.0M	21.1M	-12.4M	0.57	26.52	32,370	18,607	225,506	181,246
2022-02-09	$214.10	$230.00	75.5%	21.3%	78.8%	66.7%	75.0%	8.1%	-1.5%	19.1M	-257.5M	-12.7M	0.43	19.98	46,297	19,747	231,616	183,272
2022-02-10	$204.15	$230.00	77.5%	21.8%	80.2%	71.0%	76.5%	8.6%	-2.0%	7.4M	115.1M	-12.1M	0.70	25.64	34,687	24,349	238,208	186,488
2022-02-11	$193.47	$230.00	83.0%	23.4%	81.6%	82.8%	82.4%	10.4%	-1.7%	-10.5M	580.7M	-11.4M	0.97	27.72	33,851	32,788	240,636	191,018
2022-02-14	$194.67	$230.00	83.6%	23.9%	81.7%	84.2%	83.5%	10.9%	-2.1%	-3.8M	448.7M	-11.4M	0.60	25.51	33,388	19,901	221,924	176,368
2022-02-15	$206.99	$230.00	78.5%	22.4%	84.5%	73.3%	77.2%	11.0%	-3.1%	7.7M	54.0M	-12.1M	0.54	22.09	35,710	19,313	230,586	181,809
2022-02-16	$210.90	$230.00	74.8%	21.4%	84.9%	65.2%	76.6%	9.7%	-2.4%	14.1M	-127.9M	-12.2M	0.68	29.07	34,117	23,206	234,251	184,648
2022-02-17	$192.67	$230.00	81.7%	23.6%	90.4%	80.1%	83.4%	9.5%	-4.1%	-7.1M	529.0M	-11.0M	0.74	24.35	44,994	33,352	238,132	185,157
2022-02-18	$190.14	$225.00	84.7%	24.6%	77.1%	86.6%	86.3%	12.8%	-2.8%	-8.6M	530.3M	-11.0M	1.09	25.32	41,832	45,756	248,874	190,541
2022-02-22	$176.80	$225.00	89.3%	26.8%	80.6%	96.5%	93.6%	12.3%	-4.1%	-2.0M	597.5M	-9.7M	1.02	17.09	30,200	30,874	199,774	152,540
2022-02-23	$173.18	$220.00	88.7%	27.3%	80.8%	95.1%	94.7%	13.1%	-2.7%	-3.3M	673.0M	-9.5M	0.95	20.17	24,624	23,435	208,041	161,769
2022-02-24	$181.58	$220.00	86.5%	26.4%	82.1%	90.4%	94.6%	12.9%	-2.2%	245.7K	465.5M	-10.2M	1.04	19.77	48,878	50,710	214,787	167,909
2022-02-25	$175.84	$220.00	72.6%	21.2%	80.6%	60.5%	75.1%	8.9%	-2.0%	-3.7M	666.2M	-9.5M	0.66	21.47	70,606	46,868	226,679	182,372
2022-02-28	$189.50	$210.00	71.8%	21.7%	84.1%	58.8%	76.7%	10.5%	-0.3%	7.0M	257.1M	-10.6M	0.45	22.40	55,973	25,230	209,119	155,796