COIN Options History — August 2025

In August 2025, COIN traded between $299.46 and $327.29. ATM implied volatility averaged 54.9%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 15.9% (HV 20d: 70.8%). Max pain ranged from $280.00 to $320.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.48.

Notable Days

2025-08-01: Highest Volume — 688,950 contracts
2025-08-19: Largest IV spike — 5.8% change
2025-08-01: Highest IV Rank — 18.4%
2025-08-01: Largest Expected Move — 17.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$312.33	$299.46	$327.29	$318.71	$304.13
Max Pain	$296.90	$280.00	$320.00	$280.00	$320.00
ATM IV	54.9%	49.9%	59.1%	59.1%	49.9%
Expected Move	15.7%	13.8%	17.3%	17.3%	13.8%
HV 20d	70.8%	44.3%	75.3%	73.0%	44.3%
HV 60d	76.5%	72.0%	88.6%	88.1%	72.1%
IV Rank	10.2%	0.4%	18.4%	18.4%	0.4%
IV Percentile	5.5%	0.8%	7.9%	6.7%	0.8%
Term Structure	0.4%	-0.7%	1.6%	-0.1%	0.9%
VWIV	56.8%	50.0%	61.6%	61.6%	50.0%
Skew 25d	-0.2%	-4.2%	3.9%	3.9%	2.4%
Skew 10d	-1.3%	-9.7%	8.1%	8.1%	5.1%
Call IV 25d	56.7%	50.0%	61.3%	58.9%	50.0%
Put IV 25d	56.5%	51.9%	62.8%	62.8%	52.4%
Bid-Ask Spread %	25.07	16.44	36.21	30.01	16.44
Gamma HHI	0.07	0.03	0.30	0.05	0.08
Net GEX	167.7M	18.0M	460.1M	18.0M	94.3M
Net DEX	-5.34B	-8.96B	-3.08B	-3.11B	-3.95B
Net VEX	-42.4M	-45.0M	-36.6M	-36.6M	-43.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.27	0.72	0.56	0.41
Total Volume	271,182.619	142,952	688,950	688,950	305,405
Total OI	1,288,198.238	1,121,564	1,448,823	1,256,559	1,354,745

Daily Data (21 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
2025-08-01	$318.71	$280.00	59.1%	17.3%	73.0%	18.4%	61.6%	3.9%	-0.1%	18.0M	-3.11B	-36.6M	0.56	30.01	441,340	247,610	737,237	519,322
2025-08-04	$317.44	$280.00	56.1%	16.1%	72.9%	12.6%	57.4%	1.9%	-0.7%	128.9M	-4.79B	-38.5M	0.46	28.72	136,057	63,099	715,591	487,625
2025-08-05	$299.46	$280.00	58.0%	16.5%	75.3%	16.2%	58.0%	3.6%	-0.3%	48.7M	-3.08B	-37.9M	0.60	24.26	167,864	100,328	747,644	499,590
2025-08-06	$302.50	$280.00	56.4%	16.0%	72.3%	13.1%	57.1%	1.3%	-0.5%	73.3M	-3.93B	-39.6M	0.42	30.02	208,120	87,066	783,250	516,462
2025-08-07	$309.92	$280.00	55.3%	16.0%	70.7%	11.0%	57.8%	1.2%	0.3%	165.7M	-5.47B	-42.2M	0.36	28.63	210,395	75,797	826,391	533,553
2025-08-08	$309.56	$280.00	53.7%	15.7%	70.8%	7.9%	57.4%	-0.5%	1.4%	161.6M	-5.57B	-42.3M	0.39	26.63	220,352	86,923	844,880	540,535
2025-08-11	$321.15	$280.00	55.4%	16.0%	71.9%	11.2%	58.1%	-2.9%	0.4%	238.0M	-7.78B	-44.0M	0.36	20.28	252,089	90,483	774,676	510,568
2025-08-12	$321.29	$290.00	54.4%	15.7%	72.0%	9.1%	56.1%	-4.2%	0.2%	266.3M	-7.67B	-44.0M	0.40	26.95	128,132	50,784	816,045	531,466
2025-08-13	$327.29	$290.00	57.3%	16.4%	70.7%	14.8%	59.2%	-3.7%	-0.0%	324.7M	-8.96B	-45.0M	0.40	32.46	264,986	105,441	843,083	540,016
2025-08-14	$324.86	$290.00	56.9%	16.3%	69.4%	14.1%	59.4%	-3.0%	1.3%	307.5M	-8.18B	-44.6M	0.72	31.55	148,503	106,527	865,733	552,346
2025-08-15	$319.37	$290.00	55.2%	15.8%	68.9%	10.8%	56.9%	-1.3%	-0.4%	156.5M	-6.93B	-43.5M	0.27	36.21	257,240	69,990	886,268	562,555
2025-08-18	$321.32	$300.00	53.2%	15.3%	69.1%	6.8%	56.3%	-2.6%	0.8%	184.5M	-6.02B	-43.5M	0.59	22.93	104,857	62,233	675,734	445,830
2025-08-19	$304.09	$300.00	56.3%	16.1%	70.5%	12.8%	58.4%	1.1%	-0.3%	70.6M	-3.72B	-41.2M	0.58	27.02	125,195	72,612	692,624	460,680
2025-08-20	$303.90	$300.00	55.7%	16.0%	70.6%	11.7%	57.5%	1.3%	0.0%	70.7M	-3.64B	-41.7M	0.53	23.51	160,450	84,686	724,275	482,299
2025-08-21	$300.03	$305.00	54.5%	15.6%	70.1%	9.3%	56.7%	1.4%	0.6%	65.8M	-3.39B	-42.0M	0.47	20.74	136,684	63,917	766,719	494,615
2025-08-22	$319.33	$310.00	53.7%	15.4%	75.2%	7.8%	55.7%	-0.6%	0.3%	460.1M	-6.99B	-44.8M	0.44	26.65	267,040	117,065	794,270	502,974
2025-08-25	$308.29	$320.00	54.4%	15.5%	75.2%	9.1%	57.3%	-0.3%	0.4%	151.5M	-4.71B	-44.0M	0.71	17.31	83,828	59,357	713,410	476,771
2025-08-26	$307.19	$320.00	54.9%	15.7%	75.1%	10.1%	57.6%	-2.1%	0.2%	143.3M	-4.50B	-44.0M	0.55	20.67	104,370	57,705	737,453	495,300
2025-08-27	$310.12	$320.00	52.5%	14.8%	75.0%	5.4%	53.2%	-1.3%	1.6%	193.4M	-4.95B	-44.5M	0.35	16.81	105,978	36,974	767,644	511,586
2025-08-28	$309.03	$320.00	50.3%	14.0%	74.8%	1.1%	51.3%	-0.2%	1.5%	197.6M	-4.76B	-44.3M	0.59	18.76	142,784	84,569	802,042	518,356
2025-08-29	$304.13	$320.00	49.9%	13.8%	44.3%	0.4%	50.0%	2.4%	0.9%	94.3M	-3.95B	-43.2M	0.41	16.44	216,051	89,354	825,552	529,193