COIN Options History — December 2022

In December 2022, COIN traded between $32.47 and $47.39. ATM implied volatility averaged 99.6%, placing in the 38.4% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded above realized volatility by 9.6% (HV 20d: 90.0%). Max pain ranged from $50.00 to $70.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.19.

Notable Days

2022-12-05: Highest Volume — 236,795 contracts
2022-12-27: Largest IV spike — 8.2% change
2022-12-13: Highest IV Rank — 43.2%
2022-12-06: Largest Expected Move — 30.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$38.63	$32.47	$47.39	$45.39	$35.19
Max Pain	$59.05	$50.00	$70.00	$53.00	$50.00
ATM IV	99.6%	91.7%	105.0%	100.2%	97.2%
Expected Move	28.6%	26.1%	30.5%	29.7%	27.2%
HV 20d	90.0%	66.8%	119.7%	119.7%	73.1%
HV 60d	96.6%	93.3%	100.3%	100.3%	93.3%
IV Rank	38.4%	31.6%	43.2%	39.0%	36.3%
IV Percentile	41.9%	32.9%	50.8%	44.0%	35.7%
Term Structure	1.5%	-1.9%	3.3%	0.4%	3.3%
VWIV	102.3%	93.3%	108.1%	107.3%	96.9%
Skew 25d	8.0%	5.6%	11.3%	11.3%	6.8%
Skew 10d	13.2%	4.1%	22.3%	22.3%	16.3%
Call IV 25d	97.3%	90.1%	102.7%	95.4%	94.8%
Put IV 25d	105.3%	97.1%	111.4%	106.7%	101.6%
Bid-Ask Spread %	4.76	1.62	13.51	2.61	1.94
Gamma HHI	0.09	0.05	0.19	0.05	0.07
Net GEX	-5.4M	-11.7M	5.7M	-624.3K	-2.0M
Net DEX	427.2M	212.3M	597.7M	327.5M	295.6M
Net VEX	-2.9M	-3.5M	-2.4M	-3.4M	-2.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.19	0.45	1.83	0.89	1.49
Total Volume	135,888.619	75,247	236,795	126,731	105,907
Total OI	864,713.095	740,501	965,068	900,145	819,003

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
2022-12-01	$45.39	$53.00	100.2%	29.7%	119.7%	39.0%	107.3%	11.3%	0.4%	-624.3K	327.5M	-3.4M	0.89	2.61	67,212	59,519	439,497	460,648
2022-12-02	$47.39	$52.00	95.8%	28.3%	117.9%	35.2%	101.3%	8.9%	1.6%	5.7M	212.3M	-3.5M	0.73	2.82	101,890	74,293	457,249	470,953
2022-12-05	$46.01	$70.00	100.1%	29.1%	116.5%	38.9%	104.6%	7.9%	1.5%	-1.1M	317.0M	-3.4M	0.45	10.08	163,764	73,031	425,929	400,506
2022-12-06	$42.33	$70.00	103.5%	30.5%	119.2%	41.8%	106.1%	9.1%	2.4%	-6.2M	494.3M	-3.2M	0.63	7.59	119,994	75,015	489,924	430,677
2022-12-07	$41.69	$65.00	101.6%	30.0%	110.5%	40.2%	105.7%	8.2%	2.6%	-7.4M	514.7M	-3.1M	1.20	7.98	56,122	67,424	498,131	441,482
2022-12-08	$42.77	$65.00	99.3%	28.5%	108.1%	38.2%	102.9%	7.3%	1.3%	-6.6M	447.4M	-3.2M	1.21	7.32	52,555	63,471	503,041	447,098
2022-12-09	$40.24	$65.00	100.2%	29.5%	104.2%	39.0%	104.5%	7.3%	3.2%	-11.7M	581.0M	-3.0M	1.19	8.54	63,095	75,316	511,532	453,536
2022-12-12	$42.38	$65.00	102.1%	29.8%	92.7%	40.6%	103.4%	10.0%	1.1%	-4.0M	412.7M	-3.0M	0.98	9.08	44,191	43,196	435,239	410,677
2022-12-13	$39.00	$65.00	105.0%	30.0%	92.9%	43.2%	107.5%	9.8%	-0.3%	-6.7M	532.3M	-2.8M	1.59	7.95	90,371	143,325	451,671	419,861
2022-12-14	$39.97	$65.00	103.7%	29.5%	91.7%	42.0%	107.0%	8.0%	-1.9%	-6.7M	482.7M	-3.0M	0.99	13.51	83,413	82,256	476,417	460,060
2022-12-15	$37.73	$65.00	101.6%	28.9%	83.6%	40.2%	105.8%	6.8%	-0.9%	-10.8M	567.8M	-2.8M	1.77	3.26	49,372	87,536	483,347	459,679
2022-12-16	$36.54	$65.00	104.6%	30.3%	83.8%	42.8%	108.1%	8.1%	1.8%	-7.4M	597.7M	-2.7M	1.83	1.62	79,632	145,931	494,140	465,542
2022-12-19	$34.98	$60.00	100.8%	28.9%	81.6%	39.5%	104.5%	6.7%	1.0%	-6.0M	432.8M	-2.6M	1.01	1.69	56,639	57,479	370,912	369,589
2022-12-20	$34.83	$60.00	98.6%	28.2%	75.1%	37.5%	102.4%	5.6%	1.5%	-6.1M	417.3M	-2.6M	1.01	1.81	39,977	40,250	395,044	390,341
2022-12-21	$35.17	$55.00	91.7%	26.3%	71.2%	31.6%	94.6%	5.9%	2.3%	-6.4M	411.1M	-2.6M	1.16	1.77	46,045	53,318	407,578	394,975
2022-12-22	$34.35	$50.00	94.6%	27.0%	66.8%	34.1%	97.7%	6.9%	2.7%	-6.9M	426.1M	-2.6M	1.74	2.01	41,506	72,029	424,953	398,956
2022-12-23	$35.25	$50.00	92.3%	26.1%	67.7%	32.1%	93.3%	7.0%	3.2%	-7.2M	381.9M	-2.6M	1.23	1.78	47,461	58,202	435,104	414,603
2022-12-27	$32.63	$50.00	99.9%	28.2%	70.7%	38.7%	99.4%	9.0%	3.2%	-5.8M	414.2M	-2.4M	1.10	1.77	48,278	52,963	405,311	356,943
2022-12-28	$32.47	$50.00	101.5%	28.4%	69.8%	40.1%	100.7%	9.7%	0.6%	-6.0M	403.5M	-2.4M	1.79	2.30	26,996	48,251	425,327	367,179
2022-12-29	$34.96	$50.00	96.4%	26.9%	73.0%	35.7%	95.3%	7.1%	1.4%	-2.7M	301.7M	-2.5M	1.11	2.45	45,611	50,825	428,730	367,591
2022-12-30	$35.19	$50.00	97.2%	27.2%	73.1%	36.3%	96.9%	6.8%	3.3%	-2.0M	295.6M	-2.6M	1.49	1.94	42,611	63,296	439,691	379,312