COIN Options History — July 2023

In July 2023, COIN traded between $77.94 and $109.25. ATM implied volatility averaged 94.4%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded above realized volatility by 2.9% (HV 20d: 91.5%). Max pain ranged from $60.00 to $85.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.86.

Notable Days

  • 2023-07-13: Highest Volume — 972,740 contracts
  • 2023-07-13: Largest IV spike — 18.0% change
  • 2023-07-13: Highest IV Rank — 58.6%
  • 2023-07-13: Largest Expected Move — 31.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.27$77.94$109.25$79.23$97.55
Max Pain$78.00$60.00$85.00$60.00$85.00
ATM IV94.4%86.2%115.2%86.2%90.9%
Expected Move27.1%24.0%31.8%24.5%27.7%
HV 20d91.5%64.1%106.5%90.5%106.2%
HV 60d87.2%78.3%92.4%79.9%90.4%
IV Rank26.1%13.1%58.6%13.1%21.4%
IV Percentile21.7%8.7%77.0%8.7%17.1%
Term Structure-1.2%-5.9%6.0%4.1%-2.6%
VWIV96.6%86.3%112.5%88.2%98.9%
Skew 25d-2.9%-10.9%0.1%-3.7%-1.2%
Skew 10d-5.0%-13.8%0.3%-4.0%-3.8%
Call IV 25d97.8%88.4%125.5%91.2%92.5%
Put IV 25d94.9%86.3%114.6%87.5%91.3%
Bid-Ask Spread %3.912.389.614.259.61
Gamma HHI0.060.030.210.060.04
Net GEX9.3M-33.0M30.1M15.6M5.1M
Net DEX-1.45B-3.05B-543.3M-1.08B-996.6M
Net VEX-6.9M-7.8M-5.6M-5.6M-7.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.621.180.910.98
Total Volume263,885.4576,183972,740234,56996,743
Total OI949,403.55777,8741,207,837777,874831,878

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$79.23$60.0086.2%24.5%90.5%13.1%88.2%-3.7%4.1%15.6M-1.08B-5.6M0.914.25123,085111,484349,262428,612
2023-07-05$78.85$60.0086.4%24.0%80.6%13.5%86.3%-1.6%4.4%14.0M-1.02B-5.7M0.862.8798,07084,043372,518470,541
2023-07-06$77.94$65.0088.1%25.7%64.1%16.1%93.5%-1.7%6.0%13.8M-961.1M-5.7M0.984.4769,30768,240389,656484,287
2023-07-07$78.67$65.0088.0%25.4%64.2%16.0%91.6%-2.1%4.7%20.2M-1.03B-5.7M0.824.58121,85999,465402,701493,521
2023-07-10$80.60$65.0092.2%26.0%64.1%22.5%93.9%-1.4%-2.8%12.0M-981.4M-5.8M0.674.0966,02444,425352,278447,529
2023-07-11$89.27$65.00101.5%28.3%68.2%37.1%100.9%-5.2%-3.3%20.5M-1.58B-6.0M0.622.67285,467175,752368,602463,094
2023-07-12$85.91$80.0097.7%27.3%66.3%31.1%97.2%-6.3%-2.6%16.1M-1.25B-6.5M1.062.72122,947129,805436,050517,343
2023-07-13$107.09$80.00115.2%31.8%95.6%58.6%112.5%-10.9%-5.9%30.1M-3.05B-6.9M0.763.44551,272421,468462,998551,861
2023-07-14$104.30$85.00101.5%28.2%98.1%37.1%99.8%-5.9%-4.9%23.7M-2.73B-7.2M0.953.90416,180396,664500,274707,563
2023-07-17$105.13$85.00101.0%28.6%98.0%36.4%100.9%-2.9%-2.7%13.2M-2.07B-7.4M0.722.42135,76797,114418,963569,464
2023-07-18$104.30$85.0098.5%28.1%99.1%32.5%99.5%-3.9%-2.7%14.5M-2.02B-7.7M0.754.20122,59492,197449,121598,068
2023-07-19$109.25$85.0099.2%28.4%99.2%33.6%101.0%-3.8%-2.8%26.1M-2.47B-7.8M0.633.37122,21976,381467,202617,543
2023-07-20$101.05$85.0098.3%28.3%106.3%32.2%100.0%-3.0%-2.4%-6.3M-1.60B-7.6M0.803.98157,642125,694480,674635,808
2023-07-21$100.57$85.0092.0%26.5%105.7%22.3%94.4%-2.0%-1.6%-33.0M-1.53B-7.5M0.913.51128,966116,797497,047668,879
2023-07-24$99.25$85.0090.8%26.5%105.5%20.3%94.2%-0.6%-1.4%4.7M-1.10B-7.3M1.182.7665,76677,478370,097475,040
2023-07-25$98.43$85.0088.8%26.2%106.1%17.3%92.8%-0.7%-1.1%3.5M-1.04B-7.4M0.832.3850,83242,103392,226502,402
2023-07-26$100.53$85.0087.7%25.9%100.2%15.5%91.9%-1.0%-1.4%8.4M-1.19B-7.5M1.086.2136,65539,528402,476513,103
2023-07-27$92.58$85.0094.0%28.1%106.4%25.4%99.4%0.1%-2.7%-20.6M-543.3M-7.4M0.793.83105,15082,765411,032522,021
2023-07-28$94.97$85.0090.1%26.9%106.5%20.1%95.4%0.0%-2.2%3.8M-803.3M-7.5M0.832.8865,39054,371436,702529,635
2023-07-31$97.55$85.0090.9%27.7%106.2%21.4%98.9%-1.2%-2.6%5.1M-996.6M-7.6M0.989.6148,95647,787366,703465,175