COIN Options History — January 2025

In January 2025, COIN traded between $249.12 and $301.02. ATM implied volatility averaged 75.0%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 0.4% (HV 20d: 74.6%). Max pain ranged from $210.00 to $250.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2025-01-17: Highest Volume — 428,053 contracts
  • 2025-01-06: Largest IV spike — 7.4% change
  • 2025-01-27: Highest IV Rank — 47.6%
  • 2025-01-27: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$279.02$249.12$301.02$257.66$290.10
Max Pain$242.00$210.00$250.00$220.00$250.00
ATM IV75.0%68.5%80.6%70.2%77.4%
Expected Move22.0%18.3%23.3%19.2%22.7%
HV 20d74.6%69.4%82.9%74.5%71.2%
HV 60d103.9%98.7%107.4%103.8%98.9%
IV Rank34.4%18.8%47.6%22.8%40.1%
IV Percentile43.8%17.5%63.1%25.4%54.4%
Term Structure1.4%-1.7%3.7%1.7%-0.4%
VWIV79.0%67.1%83.4%68.8%80.4%
Skew 25d-4.0%-8.9%0.7%0.7%-3.3%
Skew 10d-6.8%-16.0%0.7%0.7%-4.5%
Call IV 25d78.7%70.1%86.4%70.1%80.6%
Put IV 25d74.7%69.0%79.5%70.8%77.3%
Bid-Ask Spread %28.9920.5234.8326.7133.71
Gamma HHI0.070.040.200.100.04
Net GEX159.2M33.9M323.5M80.4M142.0M
Net DEX-5.85B-9.92B-3.01B-4.06B-5.64B
Net VEX-34.7M-37.1M-30.8M-32.8M-34.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.210.710.600.28
Total Volume236,019.7589,190428,053118,402323,424
Total OI1,162,5151,010,3971,336,0371,189,4211,156,097

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$257.66$220.0070.2%19.2%74.5%22.8%68.8%0.7%1.7%80.4M-4.06B-32.8M0.6026.7174,01744,385719,249470,172
2025-01-03$269.86$210.0068.5%18.3%72.2%18.8%67.1%-1.1%1.5%175.1M-5.63B-35.0M0.7025.1998,69268,754736,853480,733
2025-01-06$290.52$240.0073.6%22.9%77.9%31.1%81.2%-4.2%3.7%179.4M-8.15B-36.6M0.2121.79330,40168,256667,475452,353
2025-01-07$261.89$240.0075.4%22.9%80.3%35.4%82.5%-1.8%1.6%91.8M-4.33B-33.7M0.2826.06181,34050,066734,298469,164
2025-01-08$260.73$240.0073.1%22.4%74.9%29.7%80.6%-2.1%2.5%89.4M-4.12B-33.5M0.3732.70145,02654,073782,334482,390
2025-01-10$258.34$240.0070.5%21.6%74.6%23.7%77.2%-1.2%3.7%50.3M-3.67B-32.6M0.7130.3193,77766,760822,565492,512
2025-01-13$249.12$240.0072.8%22.0%73.3%29.0%78.5%-0.8%3.2%33.9M-3.01B-30.8M0.3234.83153,64049,175684,549461,449
2025-01-14$253.58$240.0074.4%21.9%74.0%32.8%78.7%0.0%2.1%89.9M-3.75B-31.7M0.4832.4160,24628,944740,384474,527
2025-01-15$276.11$240.0072.1%21.7%81.4%27.4%76.8%-2.9%3.4%233.5M-6.81B-34.4M0.3131.74203,00662,399752,114481,099
2025-01-16$282.22$240.0076.4%22.4%81.6%37.6%81.8%-6.6%2.1%308.2M-8.09B-35.8M0.3830.07170,02664,723805,481493,603
2025-01-17$292.75$240.0078.4%22.8%82.9%42.5%83.4%-6.4%2.0%323.5M-9.92B-37.1M0.3223.98324,660103,393824,516511,521
2025-01-21$296.39$250.0078.8%22.7%71.0%43.5%81.9%-8.9%2.2%179.9M-6.88B-36.4M0.4020.52178,31671,423634,640379,030
2025-01-22$295.31$250.0076.2%21.8%70.9%37.1%78.2%-7.8%1.0%189.3M-6.67B-36.2M0.5424.6491,27449,048660,544401,262
2025-01-23$301.02$250.0077.9%22.3%71.0%41.2%81.3%-8.8%-0.1%234.1M-7.49B-36.6M0.3127.53237,17773,794670,488411,180
2025-01-24$298.69$250.0075.8%21.8%69.4%36.3%78.9%-7.0%-0.3%282.2M-7.02B-36.2M0.3726.97299,804111,190704,327432,198
2025-01-27$276.37$250.0080.6%23.3%73.4%47.6%83.2%-3.3%-1.7%63.7M-4.08B-33.7M0.4730.89169,72380,369627,738382,659
2025-01-28$282.29$250.0074.7%21.8%73.6%33.5%77.5%-4.3%0.7%97.9M-4.84B-34.3M0.3632.8984,41730,488659,333400,325
2025-01-29$289.78$250.0076.8%22.6%72.4%38.6%81.6%-6.2%0.4%135.6M-5.79B-35.1M0.2834.76138,02839,084675,984406,542
2025-01-30$297.61$250.0076.9%22.7%71.2%38.9%81.5%-4.6%-0.8%204.1M-7.00B-36.1M0.6532.17149,42097,657692,882415,730
2025-01-31$290.10$250.0077.4%22.7%71.2%40.1%80.4%-3.3%-0.4%142.0M-5.64B-34.9M0.2833.71253,54069,884721,662434,435