COIN Options History — August 2023

In August 2023, COIN traded between $73.60 and $94.25. ATM implied volatility averaged 75.3%, placing in the 4.3% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 7.7% (HV 20d: 67.6%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.79.

Notable Days

2023-08-29: Highest Volume — 303,817 contracts
2023-08-04: Largest IV drop — 15.4% change
2023-08-02: Highest IV Rank — 23.8%
2023-08-02: Largest Expected Move — 29.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.53	$73.60	$94.25	$94.25	$79.92
Max Pain	$82.17	$80.00	$90.00	$85.00	$80.00
ATM IV	75.3%	65.7%	92.4%	92.1%	66.7%
Expected Move	21.6%	18.0%	29.0%	28.4%	18.3%
HV 20d	67.6%	40.9%	105.2%	102.3%	68.5%
HV 60d	84.6%	81.3%	90.9%	90.9%	81.3%
IV Rank	4.3%	0.0%	23.8%	23.2%	1.3%
IV Percentile	3.2%	0.0%	20.6%	19.0%	0.8%
Term Structure	0.5%	-3.2%	3.0%	-3.2%	1.0%
VWIV	77.5%	64.0%	103.0%	100.5%	67.1%
Skew 25d	0.7%	-1.8%	3.8%	-1.7%	-0.2%
Skew 10d	1.4%	-3.9%	7.9%	-2.7%	-0.3%
Call IV 25d	76.0%	64.7%	95.0%	93.6%	68.0%
Put IV 25d	76.7%	67.8%	93.2%	91.9%	67.8%
Bid-Ask Spread %	3.01	2.11	5.10	2.74	3.61
Gamma HHI	0.06	0.03	0.12	0.04	0.05
Net GEX	-2.2M	-17.4M	18.0M	2.5M	11.2M
Net DEX	-326.0M	-807.9M	127.3M	-807.9M	-470.2M
Net VEX	-6.6M	-7.6M	-6.0M	-7.6M	-6.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.35	1.51	1.15	0.70
Total Volume	121,092.435	58,408	303,817	117,046	142,691
Total OI	860,263.522	746,498	953,683	870,024	902,164

Daily Data (23 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
2023-08-01	$94.25	$85.00	92.1%	28.4%	102.3%	23.2%	100.5%	-1.7%	-3.2%	2.5M	-807.9M	-7.6M	1.15	2.74	54,469	62,577	387,550	482,474
2023-08-02	$90.34	$85.00	92.4%	29.0%	103.8%	23.8%	103.0%	-1.8%	-2.9%	-1.8M	-583.7M	-7.5M	1.20	3.41	43,388	52,258	404,294	497,010
2023-08-03	$91.09	$90.00	91.4%	25.2%	103.6%	22.1%	89.8%	0.2%	-3.0%	-667.6K	-627.1M	-7.5M	1.51	5.10	52,084	78,433	412,932	500,927
2023-08-04	$87.14	$90.00	77.3%	22.3%	105.2%	0.0%	79.6%	0.2%	-1.6%	-12.0M	-332.6M	-6.8M	1.12	3.83	103,804	116,641	428,889	524,794
2023-08-07	$86.19	$85.00	77.8%	22.4%	105.1%	0.7%	79.2%	0.5%	0.8%	-4.7M	-403.9M	-6.8M	0.85	3.18	63,766	54,309	372,218	452,069
2023-08-08	$88.28	$85.00	81.3%	23.3%	98.8%	6.5%	82.6%	0.6%	-0.1%	2.3M	-628.5M	-7.1M	0.35	2.96	76,876	27,170	390,035	463,291
2023-08-09	$85.16	$85.00	75.7%	21.9%	98.7%	0.0%	77.1%	0.1%	0.8%	-3.0M	-437.1M	-6.8M	0.72	2.87	64,164	45,990	408,686	468,524
2023-08-10	$82.98	$85.00	73.3%	21.4%	54.4%	0.0%	75.6%	0.4%	1.9%	-12.9M	-270.1M	-6.8M	0.81	3.20	60,264	49,064	424,161	481,776
2023-08-11	$81.08	$80.00	73.6%	21.3%	54.3%	0.5%	75.5%	1.0%	1.0%	-17.4M	-150.1M	-6.7M	0.77	2.51	55,460	42,430	436,164	485,332
2023-08-14	$80.86	$80.00	73.5%	21.2%	53.9%	0.4%	76.6%	-0.5%	2.1%	-2.2M	-252.7M	-6.5M	0.81	2.83	48,230	38,864	391,612	437,019
2023-08-15	$79.44	$80.00	75.0%	21.5%	53.9%	2.6%	76.6%	0.2%	1.4%	-3.0M	-189.4M	-6.5M	0.52	2.11	74,475	38,813	408,179	453,964
2023-08-16	$79.53	$80.00	73.5%	21.1%	49.5%	0.4%	75.9%	-0.7%	1.4%	1.8M	-249.9M	-6.5M	0.36	2.26	82,340	29,457	430,649	461,551
2023-08-17	$75.72	$80.00	74.7%	21.3%	45.6%	2.2%	77.3%	-0.2%	1.6%	-9.2M	-7.4M	-6.2M	0.88	2.97	86,134	75,767	444,861	465,516
2023-08-18	$73.77	$80.00	76.5%	21.8%	45.6%	4.8%	78.7%	1.5%	1.2%	-14.4M	127.3M	-6.2M	1.24	2.59	67,221	83,420	463,363	484,685
2023-08-21	$75.75	$80.00	75.3%	21.3%	48.0%	3.1%	78.7%	1.0%	1.2%	-3.2M	-117.4M	-6.2M	0.60	2.64	70,345	42,140	339,793	406,705
2023-08-22	$75.20	$80.00	73.3%	20.7%	48.0%	0.0%	75.3%	2.5%	0.3%	-1.2M	-121.9M	-6.2M	0.69	2.96	36,136	25,061	364,448	419,853
2023-08-23	$77.97	$80.00	69.8%	19.8%	49.7%	0.0%	71.2%	2.6%	0.9%	2.6M	-274.7M	-6.3M	0.47	2.84	55,835	25,961	366,814	426,972
2023-08-24	$73.99	$80.00	70.1%	19.6%	45.0%	0.4%	71.4%	3.7%	0.4%	-5.9M	-19.6M	-6.1M	1.01	2.48	34,216	34,468	383,668	431,412
2023-08-25	$74.45	$80.00	65.9%	18.1%	43.4%	0.0%	64.0%	3.4%	0.7%	-6.1M	-33.4M	-6.1M	0.79	3.39	51,133	40,171	387,601	445,794
2023-08-28	$73.60	$80.00	65.7%	18.0%	40.9%	0.0%	64.4%	3.8%	1.3%	-4.4M	-69.0M	-6.0M	0.63	2.46	35,751	22,657	351,298	420,477
2023-08-29	$84.91	$80.00	69.3%	20.3%	68.4%	4.9%	73.3%	0.1%	0.2%	12.8M	-806.3M	-6.8M	0.44	3.73	210,422	93,395	368,828	430,546
2023-08-30	$83.58	$80.00	67.1%	18.9%	67.2%	1.9%	68.4%	0.4%	3.0%	18.0M	-773.7M	-6.8M	0.44	2.66	95,013	41,863	426,758	450,405
2023-08-31	$79.92	$80.00	66.7%	18.3%	68.5%	1.3%	67.1%	-0.2%	1.0%	11.2M	-470.2M	-6.6M	0.70	3.61	83,765	58,926	444,553	457,611