COIN Options History — May 2024

In May 2024, COIN traded between $200.38 and $247.03. ATM implied volatility averaged 73.5%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded below realized volatility by 2.7% (HV 20d: 76.2%). Max pain ranged from $160.00 to $220.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.46.

Notable Days

2024-05-24: Highest Volume — 325,353 contracts
2024-05-03: Largest IV drop — 20.6% change
2024-05-02: Highest IV Rank — 61.2%
2024-05-02: Largest Expected Move — 29.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$220.09	$200.38	$247.03	$211.63	$223.75
Max Pain	$174.55	$160.00	$220.00	$220.00	$180.00
ATM IV	73.5%	64.6%	93.2%	91.5%	71.5%
Expected Move	21.2%	18.6%	29.6%	28.8%	20.2%
HV 20d	76.2%	66.8%	81.6%	73.9%	72.2%
HV 60d	81.9%	73.8%	88.3%	86.9%	73.8%
IV Rank	26.5%	10.8%	61.2%	58.2%	23.0%
IV Percentile	26.4%	6.0%	84.5%	81.0%	21.4%
Term Structure	-0.3%	-3.9%	2.9%	-0.1%	-0.6%
VWIV	76.6%	66.8%	106.9%	106.9%	73.5%
Skew 25d	-5.8%	-9.8%	-2.3%	-6.4%	-4.0%
Skew 10d	-9.1%	-18.9%	1.0%	-11.8%	-7.9%
Call IV 25d	77.5%	65.7%	100.1%	96.8%	75.4%
Put IV 25d	71.8%	61.7%	92.2%	90.4%	71.5%
Bid-Ask Spread %	25.72	17.45	35.23	26.92	25.68
Gamma HHI	0.08	0.03	0.14	0.05	0.05
Net GEX	57.8M	-6.4M	106.4M	34.5M	25.6M
Net DEX	-3.29B	-5.41B	-1.61B	-2.50B	-3.14B
Net VEX	-19.6M	-21.7M	-17.0M	-19.3M	-20.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.31	0.65	0.49	0.42
Total Volume	171,493.591	78,263	325,353	81,926	216,317
Total OI	782,295.455	720,648	839,592	752,381	822,361

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
2024-05-01	$211.63	$220.00	91.5%	28.8%	73.9%	58.2%	106.9%	-6.4%	-0.1%	34.5M	-2.50B	-19.3M	0.49	26.92	54,919	27,007	434,715	317,666
2024-05-02	$228.99	$220.00	93.2%	29.6%	80.2%	61.2%	106.4%	-7.9%	-1.7%	57.8M	-3.74B	-20.5M	0.54	19.57	121,926	66,103	446,399	322,877
2024-05-03	$223.69	$220.00	74.0%	21.1%	79.6%	27.4%	76.1%	-3.8%	0.6%	41.0M	-2.92B	-19.2M	0.38	20.63	233,276	88,502	484,541	346,739
2024-05-06	$225.44	$160.00	72.8%	21.3%	76.9%	25.3%	76.3%	-3.5%	-0.7%	65.4M	-3.29B	-19.4M	0.46	21.92	87,335	39,848	419,273	301,375
2024-05-07	$214.93	$160.00	71.3%	20.7%	77.2%	22.7%	74.9%	-3.1%	1.5%	37.0M	-2.49B	-18.4M	0.52	26.11	68,009	35,498	431,527	312,268
2024-05-08	$212.51	$160.00	69.0%	19.9%	76.6%	18.6%	71.5%	-3.1%	1.2%	27.0M	-2.28B	-18.2M	0.65	30.65	47,344	30,919	441,459	320,541
2024-05-09	$210.19	$160.00	66.5%	19.5%	74.3%	14.2%	69.4%	-2.4%	2.9%	16.3M	-2.11B	-17.9M	0.54	30.24	58,654	31,583	447,166	325,708
2024-05-10	$202.39	$160.00	64.6%	18.6%	73.7%	10.8%	66.8%	-2.3%	2.4%	-6.4M	-1.61B	-17.2M	0.45	25.43	134,803	60,374	455,766	331,872
2024-05-13	$200.38	$165.00	66.5%	18.8%	67.3%	14.1%	67.3%	-6.9%	-3.0%	25.4M	-1.80B	-17.0M	0.52	25.63	54,108	27,983	422,951	311,424
2024-05-14	$202.71	$165.00	69.1%	19.2%	66.8%	18.8%	69.3%	-2.9%	-1.0%	35.8M	-2.01B	-17.4M	0.37	17.45	64,022	23,865	438,324	317,338
2024-05-15	$219.27	$165.00	69.1%	19.6%	72.3%	18.9%	70.3%	-6.4%	-0.9%	80.3M	-3.37B	-18.6M	0.31	20.75	155,537	48,668	448,991	321,798
2024-05-16	$200.83	$165.00	71.3%	20.0%	78.6%	22.6%	73.1%	-2.3%	-1.8%	31.9M	-2.01B	-18.4M	0.46	25.14	135,524	62,663	465,671	327,999
2024-05-17	$208.02	$170.00	71.1%	20.4%	79.0%	22.4%	73.5%	-5.1%	-0.2%	56.5M	-2.62B	-19.2M	0.34	35.23	191,275	65,404	494,949	341,270
2024-05-20	$224.37	$170.00	77.1%	22.1%	80.5%	32.9%	78.5%	-9.8%	-0.5%	77.3M	-4.08B	-20.7M	0.45	26.43	148,287	66,165	429,038	307,021
2024-05-21	$225.54	$170.00	75.2%	21.5%	78.6%	29.5%	77.8%	-9.4%	0.1%	94.1M	-4.35B	-21.2M	0.41	19.47	137,857	56,350	461,285	322,416
2024-05-22	$231.30	$170.00	74.5%	21.4%	77.8%	28.3%	78.1%	-8.9%	1.3%	106.4M	-4.85B	-21.4M	0.46	24.27	134,715	62,335	475,152	331,901
2024-05-23	$220.49	$170.00	72.0%	20.6%	79.7%	23.9%	74.7%	-7.2%	1.1%	96.2M	-3.65B	-20.6M	0.54	30.49	98,638	52,878	481,883	342,766
2024-05-24	$235.73	$170.00	72.3%	20.7%	81.6%	24.4%	73.8%	-6.8%	-0.4%	97.5M	-5.41B	-21.2M	0.37	30.17	237,691	87,662	492,073	347,519
2024-05-28	$247.03	$170.00	75.5%	21.8%	78.0%	30.0%	76.7%	-8.3%	-3.9%	101.5M	-5.30B	-21.7M	0.41	23.67	134,813	55,319	444,955	319,898
2024-05-29	$237.74	$175.00	74.2%	21.3%	75.6%	27.8%	76.5%	-8.5%	-3.0%	90.7M	-4.55B	-21.5M	0.53	27.89	66,362	35,261	464,136	330,211
2024-05-30	$235.11	$175.00	74.2%	20.5%	75.1%	27.8%	74.0%	-8.0%	-0.9%	80.5M	-4.28B	-21.1M	0.42	32.13	117,578	49,482	468,793	338,485
2024-05-31	$223.75	$180.00	71.5%	20.2%	72.2%	23.0%	73.5%	-4.0%	-0.6%	25.6M	-3.14B	-20.2M	0.42	25.68	152,258	64,059	473,102	349,259