COIN Options History — November 2025

In November 2025, COIN traded between $239.83 and $330.23. ATM implied volatility averaged 64.8%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded below realized volatility by 10.8% (HV 20d: 75.6%). Max pain ranged from $250.00 to $340.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.13.

Notable Days

  • 2025-11-20: Highest Volume — 514,715 contracts
  • 2025-11-13: Largest IV spike — 7.9% change
  • 2025-11-20: Highest IV Rank — 44.1%
  • 2025-11-20: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$282.49$239.83$330.23$330.23$270.77
Max Pain$271.84$250.00$340.00$340.00$250.00
ATM IV64.8%59.0%72.2%61.7%59.0%
Expected Move18.8%17.5%20.8%18.1%17.5%
HV 20d75.6%65.7%81.2%65.7%78.8%
HV 60d61.4%54.5%66.3%54.5%66.3%
IV Rank29.6%18.3%44.1%23.5%18.3%
IV Percentile41.8%22.2%69.0%29.4%22.2%
Term Structure-0.7%-3.3%0.9%0.3%-0.7%
VWIV67.4%62.6%73.2%64.7%65.5%
Skew 25d1.7%-2.1%6.9%-1.5%-0.1%
Skew 10d3.8%-2.8%13.2%-1.2%-1.2%
Call IV 25d65.3%60.1%70.9%64.0%60.1%
Put IV 25d67.0%60.0%77.0%62.5%60.0%
Bid-Ask Spread %46.3929.6460.2240.0232.64
Gamma HHI0.040.030.130.040.06
Net GEX57.7M-48.7M211.0M101.8M211.0M
Net DEX-1.90B-5.74B1.55B-5.06B-4.05B
Net VEX-37.6M-43.8M-30.8M-43.5M-36.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.242.290.740.24
Total Volume299,419.947129,202514,715129,202283,153
Total OI1,342,619.6321,236,0791,434,2641,236,0791,370,574

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-11-03$330.23$340.0061.7%18.1%65.7%23.5%64.7%-1.5%0.3%101.8M-5.06B-43.5M0.7440.0274,29454,908721,322514,757
2025-11-04$308.69$340.0064.6%19.3%69.0%29.3%70.1%0.0%0.5%6.6M-2.49B-41.1M0.6936.45210,777144,678735,717534,701
2025-11-05$321.35$335.0060.7%17.5%69.6%21.6%62.6%-0.5%0.7%82.5M-4.45B-42.8M0.9135.67124,135113,187751,788551,303
2025-11-06$296.00$260.0063.5%18.6%74.1%27.0%67.0%0.3%0.9%-8.5M-1.30B-40.2M1.8248.15151,449275,173805,565563,077
2025-11-07$309.88$260.0063.5%18.5%72.2%27.1%67.0%1.7%0.0%101.9M-3.76B-42.9M1.6046.75160,444256,301844,958573,210
2025-11-10$321.08$260.0063.1%18.3%73.7%26.3%64.6%-1.5%0.8%180.4M-5.74B-43.8M0.4751.38115,21854,168759,306541,183
2025-11-11$305.03$260.0061.5%17.8%74.5%23.0%64.0%-1.2%0.3%105.2M-3.39B-41.3M1.6554.3957,31194,809778,407553,984
2025-11-12$305.73$270.0061.7%17.8%74.4%23.5%64.7%-2.1%0.4%107.4M-3.40B-41.2M1.3553.6699,886134,887786,878563,666
2025-11-13$282.25$270.0066.5%19.2%79.0%33.1%68.7%1.0%0.7%-14.1M-554.3M-37.8M1.1459.51211,225240,791815,136571,708
2025-11-14$283.71$270.0066.5%19.1%79.1%33.0%67.7%0.2%0.4%8.2M-943.0M-38.3M1.2360.22168,751207,281851,060583,204
2025-11-17$261.54$270.0071.3%20.5%81.0%42.5%72.3%5.0%-3.3%-8.8M623.3M-34.0M1.8855.30141,400266,279777,528538,944
2025-11-18$263.60$260.0069.4%19.9%81.2%38.8%71.0%3.1%-3.1%-4.3M211.0M-34.7M1.6951.8691,651154,584813,829566,753
2025-11-19$255.37$260.0069.8%20.0%79.8%39.5%70.7%4.9%-2.1%-23.4M825.1M-33.3M1.2251.63175,199214,116826,659566,034
2025-11-20$239.83$260.0072.2%20.8%81.1%44.1%73.2%6.1%-2.7%-44.5M1.55B-31.2M2.2948.97156,671358,044830,263564,707
2025-11-21$241.19$250.0068.2%19.8%72.4%36.2%69.7%6.9%-3.3%-48.7M854.2M-30.8M0.8247.63144,107117,545874,477554,856
2025-11-24$256.66$250.0064.5%18.8%75.8%29.2%65.3%5.3%-2.2%80.4M-1.33B-33.1M0.4835.43135,96565,823729,045508,832
2025-11-25$250.87$250.0062.1%18.4%75.7%24.3%65.1%5.0%-0.4%79.7M-818.6M-32.8M0.9829.6471,08969,801760,747520,647
2025-11-26$263.52$250.0060.9%18.1%79.4%21.9%66.3%0.4%0.2%182.5M-2.94B-35.6M0.2742.19230,98362,896779,553525,395
2025-11-28$270.77$250.0059.0%17.5%78.8%18.3%65.5%-0.1%-0.7%211.0M-4.05B-36.5M0.2432.64228,12655,027835,340535,234