COIN Options History — November 2023

In November 2023, COIN traded between $77.83 and $128.73. ATM implied volatility averaged 69.0%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 14.3% (HV 20d: 54.8%). Max pain ranged from $75.00 to $90.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2023-11-09: Highest Volume — 410,246 contracts
  • 2023-11-03: Largest IV drop — 11.9% change
  • 2023-11-01: Highest IV Rank — 25.4%
  • 2023-11-01: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.51$77.83$128.73$77.83$124.34
Max Pain$80.95$75.00$90.00$75.00$90.00
ATM IV69.0%62.9%79.0%79.0%67.6%
Expected Move20.0%17.7%24.4%24.4%19.3%
HV 20d54.8%41.9%61.1%55.0%49.6%
HV 60d54.5%49.5%56.8%54.7%51.4%
IV Rank13.7%5.9%25.4%25.4%12.5%
IV Percentile11.3%4.4%21.0%21.0%12.7%
Term Structure0.6%-0.8%1.6%-0.1%0.8%
VWIV71.0%62.3%84.1%84.1%69.5%
Skew 25d-0.4%-3.5%6.2%6.2%-1.9%
Skew 10d-0.3%-7.3%13.2%13.2%-4.3%
Call IV 25d70.3%65.2%76.3%76.3%69.9%
Put IV 25d69.9%62.9%82.5%82.5%68.0%
Bid-Ask Spread %14.234.8830.395.3411.51
Gamma HHI0.080.040.190.040.08
Net GEX28.2M9.8M46.5M9.8M31.1M
Net DEX-1.76B-3.38B-465.8M-465.8M-2.87B
Net VEX-7.2M-8.9M-6.1M-6.1M-8.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.351.270.791.10
Total Volume198,536.04862,854410,24662,854252,676
Total OI924,405.81824,9881,072,581843,5771,072,581

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$77.83$75.0079.0%24.4%55.0%25.4%84.1%6.2%-0.1%9.8M-465.8M-6.1M0.795.3435,08127,773408,082435,495
2023-11-02$84.17$75.0076.4%21.7%61.1%22.3%78.5%4.9%-0.5%21.5M-961.9M-6.4M1.2725.8095,793121,543420,535462,545
2023-11-03$85.79$75.0067.3%20.0%59.6%11.0%71.8%3.5%1.3%38.5M-1.17B-6.2M0.679.93138,09393,031449,475491,858
2023-11-06$86.50$75.0067.1%19.7%59.6%10.8%69.8%3.5%1.4%14.0M-858.3M-6.2M1.1714.9760,21870,700387,288437,700
2023-11-07$88.96$75.0066.4%19.5%60.2%9.9%68.7%2.4%1.4%19.8M-1.05B-6.4M0.974.8850,43049,134408,034457,409
2023-11-08$89.01$75.0069.0%20.1%59.0%13.1%71.2%1.7%1.4%22.1M-1.08B-6.6M0.3511.32103,65936,778422,235475,146
2023-11-09$91.53$75.0069.6%20.2%58.2%13.8%71.5%-1.2%1.3%32.7M-1.37B-6.7M0.6613.21247,769162,477441,090480,339
2023-11-10$92.97$80.0070.5%20.6%56.7%15.0%73.1%-1.4%1.6%11.2M-1.39B-7.1M0.3514.47141,46949,623478,664525,913
2023-11-13$92.28$80.0071.9%20.7%57.0%17.7%73.0%-0.3%0.4%21.3M-1.20B-7.0M1.0815.0151,30655,586442,213442,398
2023-11-14$92.75$80.0071.1%20.4%56.4%16.7%72.3%0.0%0.2%22.6M-1.23B-7.1M0.7314.3863,58446,531456,449471,510
2023-11-15$98.61$80.0072.0%20.6%55.4%17.9%73.6%-2.1%0.2%38.5M-1.78B-7.4M0.569.61128,88972,385465,047483,694
2023-11-16$96.78$80.0070.5%20.2%55.7%15.9%72.0%-2.8%0.5%31.2M-1.56B-7.2M0.6919.3169,06647,882478,415497,016
2023-11-17$98.13$80.0065.5%18.7%55.7%9.3%66.6%-2.0%0.5%23.6M-1.66B-7.0M0.367.40137,56049,851486,217508,783
2023-11-20$105.52$80.0064.8%18.4%58.5%8.4%65.1%-2.2%-0.2%29.9M-1.86B-7.2M0.7013.27114,42780,595406,679420,065
2023-11-21$105.31$85.0064.7%18.4%57.1%8.2%64.9%-2.0%0.5%28.9M-1.88B-7.6M0.9919.8568,96668,624435,299445,607
2023-11-22$109.27$85.0062.9%17.7%52.1%5.9%62.3%-2.3%0.3%39.6M-2.31B-7.6M0.4212.05162,65367,524452,303466,504
2023-11-24$115.44$85.0066.0%18.9%49.4%10.2%66.7%-2.9%-0.8%46.5M-2.91B-7.5M0.6622.07170,609112,242471,648484,101
2023-11-27$119.84$90.0067.3%19.5%41.9%12.0%69.9%-3.4%0.3%32.4M-2.75B-7.8M0.5414.12165,43589,306433,848450,837
2023-11-28$128.73$90.0070.6%20.8%44.9%16.5%74.2%-3.5%0.5%39.3M-3.38B-8.3M0.749.90197,140146,061460,794478,668
2023-11-29$126.92$90.0069.2%20.0%47.0%14.6%72.0%-2.8%1.2%37.3M-3.24B-8.7M0.7630.39151,914114,874492,407527,631
2023-11-30$124.34$90.0067.6%19.3%49.6%12.5%69.5%-1.9%0.8%31.1M-2.87B-8.9M1.1011.51120,064132,612513,179559,402