COIN Options History — October 2023

In October 2023, COIN traded between $71.25 and $82.03. ATM implied volatility averaged 79.9%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 23.2%. IV traded above realized volatility by 35.2% (HV 20d: 44.7%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.69.

Notable Days

2023-10-24: Highest Volume — 335,105 contracts
2023-10-03: Largest IV spike — 6.6% change
2023-10-27: Highest IV Rank — 40.1%
2023-10-27: Largest Expected Move — 28.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.84	$71.25	$82.03	$75.03	$76.58
Max Pain	$75.91	$75.00	$80.00	$80.00	$75.00
ATM IV	79.9%	72.0%	90.8%	72.0%	80.3%
Expected Move	23.2%	19.5%	28.0%	19.5%	25.0%
HV 20d	44.7%	38.2%	55.1%	38.7%	55.1%
HV 60d	57.4%	51.5%	74.8%	74.6%	54.8%
IV Rank	26.6%	16.8%	40.1%	16.8%	27.1%
IV Percentile	22.0%	10.7%	40.5%	10.7%	22.6%
Term Structure	-1.2%	-3.1%	1.2%	-0.6%	-0.5%
VWIV	82.2%	68.3%	98.0%	68.3%	87.2%
Skew 25d	3.9%	2.7%	6.5%	3.1%	5.8%
Skew 10d	8.4%	5.6%	14.3%	7.5%	12.6%
Call IV 25d	79.1%	72.1%	89.5%	72.8%	78.4%
Put IV 25d	83.0%	75.5%	95.8%	75.8%	84.3%
Bid-Ask Spread %	7.83	3.33	13.41	3.85	6.14
Gamma HHI	0.06	0.04	0.14	0.04	0.04
Net GEX	5.3M	-15.3M	22.4M	5.0M	8.0M
Net DEX	-288.7M	-827.7M	152.5M	-253.3M	-390.7M
Net VEX	-5.8M	-6.2M	-5.5M	-5.6M	-5.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.31	1.40	0.45	0.99
Total Volume	117,293.682	63,132	335,105	110,565	63,132
Total OI	775,406.591	691,146	881,997	691,146	819,219

Daily Data (22 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
2023-10-02	$75.03	$80.00	72.0%	19.5%	38.7%	16.8%	68.3%	3.1%	-0.6%	5.0M	-253.3M	-5.6M	0.45	3.85	76,493	34,072	334,620	356,526
2023-10-03	$72.40	$80.00	76.8%	20.3%	40.6%	22.7%	72.4%	4.2%	0.5%	2.5M	-120.0M	-5.6M	0.80	4.62	37,654	30,071	366,831	365,041
2023-10-04	$73.70	$80.00	76.8%	20.1%	41.1%	22.7%	71.5%	3.3%	-1.1%	5.5M	-187.1M	-5.8M	0.72	4.21	54,644	39,075	372,294	368,923
2023-10-05	$75.06	$80.00	76.9%	21.9%	38.2%	22.9%	77.6%	3.4%	0.2%	10.9M	-287.0M	-5.8M	0.42	11.69	53,674	22,416	380,543	375,911
2023-10-06	$78.44	$75.00	73.8%	21.2%	41.9%	19.0%	76.1%	3.3%	1.2%	16.6M	-560.4M	-6.0M	0.58	11.03	79,562	46,126	389,087	379,866
2023-10-09	$79.35	$75.00	76.4%	21.5%	42.1%	22.3%	79.1%	3.1%	-1.3%	9.5M	-493.4M	-5.9M	0.87	13.41	40,548	35,080	343,952	357,072
2023-10-10	$79.73	$75.00	74.7%	21.2%	42.1%	20.2%	78.0%	3.5%	-0.9%	12.7M	-510.7M	-5.9M	0.83	8.70	43,155	35,783	359,964	377,435
2023-10-11	$77.64	$75.00	76.6%	21.5%	43.0%	22.5%	77.8%	3.8%	-1.5%	6.3M	-337.9M	-5.9M	0.94	10.05	38,792	36,569	368,976	391,459
2023-10-12	$75.69	$75.00	77.0%	21.9%	42.1%	23.0%	80.2%	4.1%	-0.8%	-5.4M	-204.7M	-5.6M	0.96	5.65	37,894	36,331	375,006	399,392
2023-10-13	$73.75	$75.00	78.7%	22.4%	42.6%	25.1%	78.7%	4.4%	-0.4%	-15.3M	-44.9M	-5.5M	0.54	5.97	68,751	37,066	377,870	410,037
2023-10-16	$74.99	$75.00	78.0%	22.2%	43.1%	24.2%	79.0%	3.2%	-2.9%	3.5M	-241.5M	-5.5M	0.31	11.04	126,121	39,347	355,024	381,281
2023-10-17	$77.50	$75.00	77.3%	22.1%	42.4%	23.4%	77.7%	3.4%	-3.0%	17.2M	-430.5M	-5.8M	0.77	11.73	58,242	44,826	392,758	394,078
2023-10-18	$74.03	$75.00	79.5%	22.8%	45.0%	26.1%	79.6%	3.1%	-2.4%	1.9M	-158.0M	-5.6M	1.01	7.01	42,599	42,956	401,505	407,117
2023-10-19	$72.97	$75.00	79.8%	23.0%	43.5%	26.4%	81.3%	3.3%	-2.4%	-2.6M	-113.8M	-5.5M	0.46	12.56	44,689	20,402	404,379	405,131
2023-10-20	$74.36	$75.00	81.5%	23.7%	41.4%	28.6%	83.2%	3.7%	-3.1%	-3.5M	-171.8M	-5.7M	0.37	3.77	110,029	40,314	410,697	409,826
2023-10-23	$77.85	$75.00	82.1%	24.4%	44.2%	29.3%	86.2%	3.9%	-1.1%	11.3M	-467.9M	-5.7M	0.33	6.98	125,283	40,801	335,898	363,897
2023-10-24	$82.03	$75.00	86.0%	25.9%	46.6%	34.1%	91.5%	2.7%	-1.6%	22.4M	-827.7M	-6.2M	0.77	7.14	189,460	145,645	370,229	375,298
2023-10-25	$77.81	$75.00	88.1%	26.9%	51.2%	36.8%	94.4%	3.6%	-1.7%	11.8M	-388.1M	-6.2M	0.58	9.68	111,758	64,798	419,878	419,536
2023-10-26	$74.88	$75.00	90.0%	27.7%	50.4%	39.1%	97.4%	4.4%	-2.4%	3.7M	-134.1M	-6.0M	0.58	6.84	85,913	49,774	445,280	426,495
2023-10-27	$71.25	$75.00	90.8%	28.0%	53.4%	40.1%	98.0%	6.5%	-2.0%	-5.4M	152.5M	-5.8M	1.40	6.77	72,151	101,092	448,201	433,796
2023-10-30	$73.47	$75.00	85.2%	26.7%	54.7%	33.1%	93.3%	6.3%	0.3%	136.7K	-180.3M	-5.7M	0.48	3.33	52,265	25,108	375,916	412,701
2023-10-31	$76.58	$75.00	80.3%	25.0%	55.1%	27.1%	87.2%	5.8%	-0.5%	8.0M	-390.7M	-5.9M	0.99	6.14	31,653	31,479	398,843	420,376