COIN Options History — May 2022

In May 2022, COIN traded between $53.55 and $131.12. ATM implied volatility averaged 127.1%, placing in the 79.1% IV rank vs the trailing year. The 30-day expected move averaged 36.8%. IV traded below realized volatility by 17.6% (HV 20d: 144.7%). Max pain ranged from $85.00 to $200.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.54.

Notable Days

2022-05-11: Highest Volume — 393,180 contracts
2022-05-09: Largest IV spike — 22.0% change
2022-05-05: Highest IV Rank — 100.0%
2022-05-12: Largest Expected Move — 47.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$79.37	$53.55	$131.12	$120.73	$76.15
Max Pain	$138.57	$85.00	$200.00	$165.00	$85.00
ATM IV	127.1%	96.6%	170.3%	105.5%	112.5%
Expected Move	36.8%	29.8%	47.2%	34.1%	34.2%
HV 20d	144.7%	66.5%	187.4%	67.3%	185.9%
HV 60d	108.9%	78.5%	123.7%	80.1%	123.2%
IV Rank	79.1%	48.0%	100.0%	98.8%	54.0%
IV Percentile	97.8%	92.9%	100.0%	99.6%	94.4%
Term Structure	-3.0%	-8.1%	1.1%	-2.9%	-2.9%
VWIV	130.3%	103.3%	174.9%	119.3%	122.8%
Skew 25d	21.1%	13.2%	31.1%	15.5%	14.9%
Skew 10d	37.8%	24.5%	63.7%	27.8%	33.4%
Call IV 25d	116.8%	90.2%	158.7%	96.9%	104.8%
Put IV 25d	137.9%	103.4%	189.8%	112.4%	119.7%
Bid-Ask Spread %	25.16	11.34	46.47	12.87	25.75
Gamma HHI	0.07	0.03	0.39	0.06	0.03
Net GEX	-4.0M	-13.0M	11.2M	-10.5M	-685.5K
Net DEX	760.0M	341.2M	1.19B	928.1M	383.5M
Net VEX	-4.4M	-6.8M	-2.0M	-6.0M	-5.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.54	0.77	2.39	1.62	1.49
Total Volume	137,442.429	44,984	393,180	68,448	113,751
Total OI	541,035.286	382,395	694,297	382,395	562,434

Daily Data (21 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
2022-05-02	$120.73	$165.00	105.5%	34.1%	67.3%	98.8%	119.3%	15.5%	-2.9%	-10.5M	928.1M	-6.0M	1.62	12.87	26,105	42,343	197,874	184,521
2022-05-03	$124.27	$165.00	102.8%	33.4%	66.5%	94.4%	117.3%	14.6%	-3.9%	-10.0M	863.6M	-6.3M	1.25	11.34	20,834	25,982	206,832	196,352
2022-05-04	$131.12	$165.00	96.6%	31.6%	67.3%	84.4%	111.8%	13.2%	-3.0%	-7.9M	725.6M	-6.8M	1.07	11.52	21,693	23,291	211,110	198,893
2022-05-05	$113.00	$200.00	108.9%	29.8%	81.8%	100.0%	103.3%	15.2%	-2.0%	-13.0M	1.06B	-5.5M	1.56	20.54	28,767	44,880	215,794	199,246
2022-05-06	$102.63	$200.00	115.7%	31.9%	86.0%	100.0%	111.7%	16.0%	-4.1%	-10.9M	1.19B	-5.0M	1.64	20.86	33,522	54,984	223,934	209,507
2022-05-09	$83.00	$195.00	141.2%	38.7%	108.9%	100.0%	132.0%	19.5%	-4.0%	-6.0M	1.11B	-3.7M	2.02	19.00	43,374	87,640	208,121	201,197
2022-05-10	$70.24	$190.00	154.0%	42.6%	118.8%	100.0%	136.6%	24.5%	-3.6%	-4.8M	1.06B	-3.0M	1.72	35.41	71,382	122,702	227,664	219,290
2022-05-11	$53.55	$180.00	147.5%	41.0%	144.2%	94.0%	143.2%	28.1%	-5.1%	-3.9M	1.06B	-2.0M	2.34	13.00	117,639	275,541	262,417	247,158
2022-05-12	$58.08	$150.00	170.3%	47.2%	149.3%	100.0%	174.9%	31.1%	-8.1%	-4.5M	881.9M	-3.2M	2.39	27.79	115,494	276,487	298,378	281,776
2022-05-13	$68.07	$135.00	161.3%	45.1%	166.6%	92.8%	163.6%	25.6%	-6.2%	-1.0M	631.4M	-4.3M	1.32	21.62	115,600	152,412	328,360	365,937
2022-05-16	$61.82	$130.00	147.9%	42.2%	167.5%	82.2%	154.6%	28.4%	-4.3%	-3.4M	709.4M	-3.6M	1.77	17.51	43,477	76,788	283,757	287,504
2022-05-17	$70.00	$125.00	125.8%	36.0%	175.6%	64.6%	137.0%	23.2%	-3.9%	-2.2M	652.0M	-4.1M	1.47	14.01	41,757	61,318	296,645	311,547
2022-05-18	$63.09	$120.00	139.0%	39.8%	176.8%	75.1%	141.5%	25.6%	-3.3%	-3.7M	729.2M	-3.7M	2.34	14.47	38,381	89,779	306,915	324,753
2022-05-19	$67.44	$120.00	131.1%	37.7%	180.5%	68.8%	137.8%	23.0%	-2.2%	-2.3M	665.5M	-4.1M	1.45	43.36	41,209	59,876	314,586	355,140
2022-05-20	$65.43	$120.00	128.3%	37.2%	180.4%	66.5%	121.9%	23.2%	-3.7%	-2.8M	695.2M	-4.0M	1.27	46.47	52,960	67,193	321,738	362,036
2022-05-23	$65.06	$105.00	123.2%	36.5%	179.4%	62.5%	126.2%	21.4%	0.2%	-2.8M	592.5M	-3.9M	1.47	40.55	32,363	47,724	267,651	278,108
2022-05-24	$61.60	$90.00	125.4%	36.5%	179.3%	64.3%	129.8%	24.1%	-0.9%	-3.6M	649.3M	-3.8M	1.26	33.52	34,522	43,545	282,827	292,182
2022-05-25	$67.01	$90.00	118.3%	34.6%	184.3%	58.7%	122.2%	19.4%	0.1%	-1.2M	532.4M	-4.3M	0.77	32.75	54,362	41,931	293,782	297,277
2022-05-26	$69.69	$90.00	109.3%	32.5%	185.4%	51.5%	116.9%	19.2%	0.6%	1.0M	494.2M	-4.4M	1.16	34.55	42,769	49,484	303,123	307,472
2022-05-27	$74.70	$90.00	104.9%	31.1%	187.4%	48.0%	111.3%	16.6%	1.1%	11.2M	341.2M	-4.8M	1.05	31.37	74,369	78,061	310,464	317,439
2022-05-31	$76.15	$85.00	112.5%	34.2%	185.9%	54.0%	122.8%	14.9%	-2.9%	-685.5K	383.5M	-5.0M	1.49	25.75	45,595	68,156	286,994	275,440