COIN Options History — October 2025

In October 2025, COIN traded between $319.64 and $389.41. ATM implied volatility averaged 68.5%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded above realized volatility by 8.9% (HV 20d: 59.7%). Max pain ranged from $310.00 to $340.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.47.

Notable Days

2025-10-02: Highest Volume — 588,928 contracts
2025-10-31: Largest IV drop — 9.0% change
2025-10-16: Highest IV Rank — 49.6%
2025-10-16: Largest Expected Move — 21.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$353.94	$319.64	$389.41	$346.60	$346.53
Max Pain	$325.65	$310.00	$340.00	$310.00	$335.00
ATM IV	68.5%	59.8%	75.0%	62.6%	59.8%
Expected Move	19.4%	15.9%	21.1%	15.9%	17.5%
HV 20d	59.7%	48.8%	67.9%	48.8%	64.3%
HV 60d	57.4%	51.5%	63.2%	56.4%	53.6%
IV Rank	37.0%	19.9%	49.6%	25.4%	19.9%
IV Percentile	49.8%	23.4%	70.2%	32.5%	23.4%
Term Structure	-0.7%	-2.7%	3.4%	1.8%	1.1%
VWIV	69.8%	59.5%	74.5%	59.5%	63.1%
Skew 25d	-2.2%	-5.3%	3.8%	-4.6%	-1.6%
Skew 10d	-3.2%	-9.2%	6.6%	-8.3%	-2.7%
Call IV 25d	71.6%	62.3%	76.1%	67.4%	62.3%
Put IV 25d	69.5%	60.6%	79.0%	62.8%	60.6%
Bid-Ask Spread %	30.52	18.40	41.97	18.40	37.74
Gamma HHI	0.05	0.03	0.11	0.06	0.11
Net GEX	245.6M	72.2M	542.1M	429.2M	233.7M
Net DEX	-9.48B	-17.77B	-4.29B	-11.40B	-7.50B
Net VEX	-47.7M	-51.1M	-43.4M	-47.6M	-45.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.24	0.79	0.29	0.43
Total Volume	246,718.261	89,374	588,928	297,025	507,174
Total OI	1,284,263.696	1,171,380	1,400,857	1,268,188	1,379,418

Daily Data (23 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
2025-10-01	$346.60	$310.00	62.6%	15.9%	48.8%	25.4%	59.5%	-4.6%	1.8%	429.2M	-11.40B	-47.6M	0.29	18.40	229,570	67,455	769,087	499,101
2025-10-02	$373.99	$310.00	65.7%	18.0%	54.6%	31.4%	64.1%	-5.0%	3.4%	317.9M	-16.65B	-49.2M	0.25	36.69	470,327	118,601	797,358	514,817
2025-10-03	$380.23	$320.00	66.4%	17.6%	53.2%	32.8%	63.9%	-3.1%	2.7%	378.6M	-17.77B	-50.8M	0.45	41.97	281,485	127,053	858,594	542,263
2025-10-06	$384.96	$330.00	69.8%	19.8%	53.2%	39.6%	71.4%	-5.3%	0.5%	324.9M	-13.32B	-49.8M	0.37	29.41	145,588	53,721	718,992	500,218
2025-10-07	$376.68	$330.00	70.2%	19.9%	52.6%	40.3%	72.8%	-4.0%	0.1%	320.2M	-11.63B	-50.9M	0.54	21.93	103,152	55,706	739,271	510,039
2025-10-08	$389.41	$330.00	70.2%	19.9%	52.7%	40.2%	69.3%	-4.3%	-1.2%	424.7M	-14.04B	-51.1M	0.46	26.96	113,631	52,459	746,946	519,866
2025-10-09	$387.51	$320.00	69.0%	19.5%	52.8%	37.8%	70.6%	-3.6%	-0.1%	518.3M	-13.47B	-50.6M	0.38	28.14	128,055	48,415	763,406	527,618
2025-10-10	$356.68	$330.00	74.7%	20.7%	62.1%	49.2%	74.3%	3.8%	-2.3%	72.9M	-7.71B	-48.7M	0.37	33.20	362,553	135,363	776,521	535,951
2025-10-13	$357.67	$330.00	72.2%	20.0%	62.0%	44.2%	72.1%	-0.7%	-1.6%	143.6M	-8.20B	-47.9M	0.36	26.75	156,985	57,227	718,513	500,852
2025-10-14	$343.46	$320.00	73.1%	20.2%	64.0%	45.9%	73.4%	0.7%	-2.4%	100.5M	-6.49B	-46.5M	0.60	34.51	81,737	49,408	731,699	514,602
2025-10-15	$337.14	$320.00	70.8%	19.9%	64.2%	41.4%	71.4%	0.6%	-1.1%	72.2M	-5.59B	-45.4M	0.39	28.78	121,057	46,768	748,652	524,203
2025-10-16	$334.09	$320.00	75.0%	21.1%	59.4%	49.6%	73.7%	1.5%	-1.5%	86.2M	-5.65B	-46.1M	0.35	37.83	153,873	54,302	788,700	533,061
2025-10-17	$334.44	$320.00	71.7%	20.2%	59.4%	43.2%	71.7%	1.3%	-1.6%	87.0M	-6.10B	-46.5M	0.73	36.42	137,251	99,967	843,350	543,333
2025-10-20	$348.03	$320.00	68.0%	19.4%	60.2%	36.0%	69.6%	-1.4%	-2.7%	232.0M	-8.26B	-47.2M	0.42	25.67	103,289	42,960	699,807	471,573
2025-10-21	$338.65	$330.00	67.0%	19.1%	59.3%	34.0%	69.2%	-2.0%	-2.3%	221.3M	-6.85B	-46.4M	0.45	23.69	65,893	29,503	733,512	486,651
2025-10-22	$319.64	$330.00	69.3%	19.9%	63.0%	38.5%	71.6%	0.1%	-2.2%	74.9M	-4.29B	-43.4M	0.43	23.95	169,742	73,470	744,639	494,274
2025-10-23	$324.82	$322.50	65.9%	18.9%	61.1%	31.7%	67.8%	-1.6%	-1.4%	88.1M	-4.96B	-44.2M	0.24	25.79	167,476	39,767	745,496	515,950
2025-10-24	$354.02	$320.00	66.6%	19.3%	67.9%	33.2%	68.2%	-3.8%	-2.5%	542.1M	-11.06B	-48.6M	0.49	28.02	330,328	163,322	811,500	521,981
2025-10-27	$366.17	$330.00	66.3%	19.7%	64.8%	32.6%	70.7%	-4.2%	0.1%	283.1M	-11.85B	-49.0M	0.60	28.40	91,883	54,928	753,785	498,238
2025-10-28	$356.70	$332.50	67.8%	20.3%	65.7%	35.6%	73.0%	-5.3%	-1.3%	263.6M	-10.12B	-48.9M	0.66	30.08	56,720	37,255	762,857	516,428
2025-10-29	$351.70	$340.00	68.7%	20.7%	65.3%	37.2%	74.5%	-4.5%	-0.9%	254.5M	-9.35B	-48.2M	0.79	37.33	49,990	39,384	777,382	528,123
2025-10-30	$331.40	$340.00	65.8%	19.5%	62.2%	31.5%	69.9%	-2.6%	-1.1%	178.9M	-5.78B	-44.7M	0.69	40.37	118,336	81,391	789,500	539,938
2025-10-31	$346.53	$335.00	59.8%	17.5%	64.3%	19.9%	63.1%	-1.6%	1.1%	233.7M	-7.50B	-45.4M	0.43	37.74	355,602	151,572	813,491	565,927