COIN Options History — April 2023

In April 2023, COIN traded between $53.69 and $70.08. ATM implied volatility averaged 104.2%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 29.8%. IV traded above realized volatility by 11.7% (HV 20d: 92.5%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.99.

Notable Days

  • 2023-04-11: Highest Volume — 344,937 contracts
  • 2023-04-10: Largest IV spike — 7.6% change
  • 2023-04-05: Highest IV Rank — 40.7%
  • 2023-04-26: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.25$53.69$70.08$63.84$53.69
Max Pain$68.95$65.00$70.00$70.00$65.00
ATM IV104.2%99.1%108.7%104.4%100.0%
Expected Move29.8%28.4%32.1%29.0%29.4%
HV 20d92.5%60.1%120.3%120.3%60.1%
HV 60d110.4%102.7%117.0%116.7%102.7%
IV Rank28.0%10.5%40.7%39.0%10.5%
IV Percentile30.5%10.3%51.2%33.3%10.3%
Term Structure0.1%-2.8%7.5%7.5%-2.4%
VWIV106.2%100.4%112.7%102.4%103.5%
Skew 25d11.0%7.7%15.1%10.5%14.6%
Skew 10d23.1%15.5%32.9%22.4%32.9%
Call IV 25d100.2%95.0%105.7%101.6%95.0%
Put IV 25d111.2%104.5%117.6%112.1%109.6%
Bid-Ask Spread %2.211.672.722.231.84
Gamma HHI0.070.040.210.050.09
Net GEX-8.6M-28.4M9.2M-7.5M-10.7M
Net DEX124.6M-415.2M608.2M47.9M485.0M
Net VEX-5.2M-5.6M-4.5M-5.6M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.611.550.971.35
Total Volume196,172.158126,484344,937172,139188,520
Total OI919,629.053788,9271,030,025838,082976,655

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$63.84$70.00104.4%29.0%120.3%39.0%102.4%10.5%7.5%-7.5M47.9M-5.6M0.972.2387,21884,921347,046491,036
2023-04-04$61.93$70.00105.5%28.8%120.2%40.0%102.1%10.4%6.0%-10.3M161.1M-5.5M0.822.4469,54556,939369,489516,990
2023-04-05$60.95$70.00106.2%28.8%120.1%40.7%104.2%10.1%6.4%-13.5M235.2M-5.4M1.002.5769,35569,595382,043528,152
2023-04-06$62.27$70.00101.1%30.8%116.2%32.8%108.8%10.0%6.2%-8.0M137.4M-5.4M1.552.5780,423124,502394,293536,579
2023-04-10$65.28$70.00108.7%31.1%111.9%37.8%111.2%10.3%-1.5%-4.1M-102.1M-5.3M0.862.7287,85475,676340,155484,983
2023-04-11$69.62$70.00107.1%30.4%107.3%36.1%107.5%10.3%-1.5%4.2M-415.2M-5.6M0.622.59212,596132,341365,168508,478
2023-04-12$68.04$70.00106.4%30.0%107.0%34.6%109.1%9.8%-1.8%-433.8K-231.4M-5.6M0.782.4797,02076,046393,550545,707
2023-04-13$68.63$70.00104.4%29.3%106.2%30.4%104.6%9.0%-2.1%2.4M-273.4M-5.5M0.862.20131,964113,897410,559559,304
2023-04-14$70.08$70.00104.2%29.6%104.9%30.2%103.8%8.0%-1.6%9.2M-371.5M-5.5M0.902.34115,616104,599431,508587,674
2023-04-17$67.62$70.00103.8%29.5%97.6%29.7%106.2%9.1%-0.1%-5.6M-125.3M-5.3M1.102.3074,52882,090359,492513,418
2023-04-18$67.25$70.00104.9%30.0%97.6%30.7%110.5%10.0%-2.0%-7.1M-93.7M-5.3M0.672.13101,81068,381378,441538,602
2023-04-19$64.59$70.0099.1%28.4%86.4%21.4%100.4%7.7%0.1%-15.7M143.6M-5.2M0.791.9390,45971,548404,900557,846
2023-04-20$60.68$70.00103.6%29.8%84.2%26.4%108.8%11.2%-1.9%-21.2M449.5M-4.9M1.372.1993,661128,598411,178566,514
2023-04-21$59.13$70.00100.8%28.9%64.4%22.7%103.5%12.2%-0.1%-28.4M608.2M-4.9M1.321.72120,962159,549433,983596,042
2023-04-24$54.82$70.00103.4%29.9%67.6%18.0%106.6%13.5%-2.4%-11.9M454.4M-4.6M1.471.98117,814173,520311,911477,016
2023-04-25$55.56$65.00103.3%29.9%62.1%14.8%105.8%13.4%-2.0%-11.0M381.2M-4.7M0.872.2182,09971,575351,546533,212
2023-04-26$54.34$65.00108.7%32.1%62.3%21.6%112.7%15.1%-2.6%-12.3M435.4M-4.7M0.611.95103,59662,896370,168547,143
2023-04-27$54.44$65.00103.7%30.5%60.2%15.3%106.1%13.6%-2.8%-12.0M440.5M-4.6M0.891.6776,95068,608385,063567,108
2023-04-28$53.69$65.00100.0%29.4%60.1%10.5%103.5%14.6%-2.4%-10.7M485.0M-4.5M1.351.8480,255108,265396,151580,504