COIN Options History — March 2024

In March 2024, COIN traded between $204.25 and $277.81. ATM implied volatility averaged 91.6%, placing in the 52.4% IV rank vs the trailing year. The 30-day expected move averaged 26.0%. IV traded below realized volatility by 4.0% (HV 20d: 95.6%). Max pain ranged from $140.00 to $205.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.70.

Notable Days

  • 2024-03-08: Highest Volume — 512,261 contracts
  • 2024-03-04: Largest IV spike — 17.5% change
  • 2024-03-04: Highest IV Rank — 64.5%
  • 2024-03-11: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$246.76$204.25$277.81$204.25$264.74
Max Pain$168.00$140.00$205.00$150.00$205.00
ATM IV91.6%82.0%102.4%87.2%89.8%
Expected Move26.0%23.5%29.2%24.5%24.7%
HV 20d95.6%82.8%104.4%99.0%87.9%
HV 60d86.0%81.0%88.6%81.0%84.9%
IV Rank52.4%39.7%64.5%42.2%55.2%
IV Percentile69.7%49.6%85.3%60.7%73.4%
Term Structure0.9%-3.5%8.6%0.7%8.6%
VWIV94.1%84.6%107.1%87.6%87.7%
Skew 25d-12.4%-18.7%-7.4%-9.6%-9.6%
Skew 10d-20.2%-29.6%-13.8%-17.3%-17.5%
Call IV 25d101.0%89.3%116.4%93.9%95.6%
Put IV 25d88.6%79.9%97.7%84.3%86.0%
Bid-Ask Spread %19.3110.9923.7510.9920.94
Gamma HHI0.110.040.430.130.29
Net GEX72.2M12.0M163.2M73.3M126.4M
Net DEX-6.15B-8.46B-3.88B-5.35B-6.13B
Net VEX-18.5M-21.5M-15.0M-15.0M-21.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.491.060.830.49
Total Volume250,849.5131,174512,261196,730248,155
Total OI865,909.9757,245974,233924,435912,456

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$204.25$150.0087.2%24.5%99.0%42.2%87.6%-9.6%0.7%73.3M-5.35B-15.0M0.8310.99107,41989,311505,534418,901
2024-03-04$230.43$140.00102.4%28.6%104.4%64.5%105.6%-18.7%-0.1%65.1M-6.59B-15.1M0.6221.73234,598146,186432,034364,978
2024-03-05$216.59$145.0096.2%27.1%99.9%55.5%100.0%-15.9%0.4%48.6M-5.34B-16.3M0.7623.75156,512118,624464,010397,523
2024-03-06$235.23$145.00100.6%28.1%101.3%61.9%103.0%-16.4%-3.5%72.7M-6.88B-16.6M0.5620.09159,03889,054476,148413,255
2024-03-07$241.37$150.0096.8%27.3%101.3%56.2%99.8%-17.4%-0.5%90.8M-7.14B-16.6M0.6520.9998,87464,479476,027428,581
2024-03-08$255.47$150.00101.0%29.0%100.5%62.5%101.0%-16.9%-0.7%69.5M-8.46B-16.6M0.5619.93327,813184,448484,776434,229
2024-03-11$257.23$150.00101.7%29.2%100.0%63.5%107.1%-17.3%0.3%55.9M-7.13B-17.4M0.6018.89136,70682,425440,450388,463
2024-03-12$256.06$160.0095.5%27.1%100.5%54.4%98.4%-16.3%-2.5%55.2M-6.96B-17.6M0.8018.9881,20764,741464,066411,777
2024-03-13$251.13$160.0089.2%25.7%97.6%45.1%96.3%-14.6%0.4%46.8M-6.54B-17.6M0.7118.42118,07483,478476,066423,699
2024-03-14$231.34$165.0085.1%24.5%97.2%44.8%89.4%-8.6%0.6%12.0M-4.75B-17.2M0.5720.46190,297108,486489,791441,167
2024-03-15$241.36$165.0089.0%25.1%97.4%51.5%90.9%-7.4%-3.1%77.2M-6.03B-19.2M0.8520.71177,783151,593528,188446,045
2024-03-18$239.41$175.0084.7%24.3%95.0%44.2%87.8%-8.6%-0.2%47.6M-4.45B-19.4M0.7413.6775,36855,806408,876348,369
2024-03-19$231.64$175.0082.0%23.5%94.5%39.7%84.6%-9.4%-0.3%33.5M-3.88B-19.1M1.0617.7491,44697,383422,638363,790
2024-03-20$255.26$175.0083.1%23.8%94.2%41.5%84.8%-9.8%1.0%93.1M-6.05B-20.0M0.8421.38127,605106,596439,467374,641
2024-03-21$262.60$180.0088.9%25.4%93.7%51.2%91.0%-10.4%0.6%115.1M-6.71B-20.3M0.6421.56203,341129,901446,899393,156
2024-03-22$255.50$185.0086.6%24.9%93.6%47.3%88.9%-10.2%-1.2%163.2M-5.66B-20.7M0.7121.35146,265104,102472,582412,697
2024-03-25$277.81$185.0095.1%27.4%82.8%61.7%97.5%-11.4%5.3%78.0M-7.26B-21.1M0.6815.13152,384104,117424,129362,262
2024-03-26$271.10$200.0089.8%25.5%84.1%55.2%92.1%-11.3%6.6%73.2M-6.57B-21.5M0.5418.2798,70052,847455,615391,644
2024-03-27$256.61$200.0087.3%24.6%87.7%50.8%88.6%-8.6%5.8%46.6M-5.22B-21.3M0.7621.30143,069108,759481,735401,534
2024-03-28$264.74$205.0089.8%24.7%87.9%55.2%87.7%-9.6%8.6%126.4M-6.13B-21.2M0.4920.94166,82381,332501,822410,634