COIN Options History — January 2026

In January 2026, COIN traded between $193.71 and $256.19. ATM implied volatility averaged 56.7%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 6.6% (HV 20d: 50.1%). Max pain ranged from $240.00 to $280.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2026-01-15: Highest Volume — 484,443 contracts
  • 2026-01-14: Largest IV spike — 5.6% change
  • 2026-01-30: Highest IV Rank — 30.8%
  • 2026-01-30: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$231.55$193.71$256.19$237.25$193.71
Max Pain$257.00$240.00$280.00$240.00$240.00
ATM IV56.7%51.5%64.1%51.5%64.1%
Expected Move16.7%14.3%18.9%14.3%18.9%
HV 20d50.1%39.5%55.2%39.5%55.0%
HV 60d61.7%58.0%64.3%62.5%58.0%
IV Rank16.6%6.8%30.8%6.8%30.8%
IV Percentile26.4%7.1%58.3%7.1%58.3%
Term Structure0.7%-2.2%3.4%0.6%0.2%
VWIV59.5%50.9%68.3%50.9%68.3%
Skew 25d-0.2%-3.0%2.3%-0.8%0.7%
Skew 10d-0.7%-4.0%5.0%-0.2%1.5%
Call IV 25d57.8%51.4%64.2%51.4%64.2%
Put IV 25d57.5%50.6%64.8%50.6%64.8%
Bid-Ask Spread %45.1831.1554.3631.1538.59
Gamma HHI0.050.040.090.080.06
Net GEX28.9M-40.6M140.6M48.9M-31.2M
Net DEX126.8M-2.73B2.57B-303.1M2.49B
Net VEX-28.9M-32.5M-23.9M-29.5M-24.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.412.660.700.61
Total Volume216,960.95119,166484,443221,759303,267
Total OI1,151,081.25957,1021,317,7591,211,4321,126,043

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$237.25$240.0051.5%14.3%39.5%6.8%50.9%-0.8%0.6%48.9M-303.1M-29.5M0.7031.15130,79090,969696,859514,573
2026-01-05$256.19$280.0052.8%16.6%49.6%9.3%58.2%-1.4%3.4%111.3M-2.73B-31.9M0.4843.98168,98780,688665,448496,587
2026-01-06$251.41$260.0053.2%16.2%49.6%10.1%57.1%-0.5%1.2%110.3M-2.09B-31.9M0.4848.17109,57552,254689,459515,516
2026-01-07$246.35$260.0051.8%15.9%49.2%7.4%57.0%-1.8%2.0%109.3M-1.40B-31.6M0.5454.36104,72756,492713,945524,868
2026-01-08$244.45$260.0052.6%16.1%48.8%9.0%58.0%-1.3%2.6%108.2M-1.01B-31.4M1.2053.8589,151107,035731,244537,316
2026-01-09$240.70$260.0051.8%15.7%48.8%7.3%56.6%-0.9%1.9%-2.5M-294.1M-30.5M0.6152.76161,50697,933743,915546,953
2026-01-12$243.39$260.0052.9%15.9%48.5%9.5%57.1%-3.0%2.2%52.2M-632.3M-30.5M1.5848.3664,609102,208689,819523,171
2026-01-13$253.63$260.0055.5%16.8%51.2%14.4%59.9%-2.5%3.3%117.6M-2.10B-32.2M0.7749.80108,52383,806705,849533,955
2026-01-14$255.28$260.0058.6%17.2%43.5%20.3%60.8%0.2%1.3%140.6M-2.33B-32.5M0.6550.97153,48899,115723,167544,216
2026-01-15$239.39$260.0058.7%16.7%49.0%20.5%60.4%-1.3%-0.5%6.6M109.5M-30.1M2.6653.23132,195352,248739,412549,714
2026-01-16$240.93$260.0058.7%16.5%48.0%20.5%58.1%-0.0%-2.2%-3.7M-226.2M-30.3M0.4949.35121,67759,830760,262557,497
2026-01-20$226.83$260.0061.6%17.6%52.4%26.0%61.9%1.7%-0.4%-20.3M1.17B-27.9M0.4441.0397,75943,068524,851432,251
2026-01-21$227.86$260.0059.9%17.2%52.4%22.8%60.8%1.4%-0.0%-24.8M1.10B-28.1M0.4142.73111,75646,010538,779445,614
2026-01-22$224.50$260.0056.8%16.3%51.7%16.9%57.9%1.2%-0.3%-27.6M1.28B-27.6M0.6240.17100,53161,921569,383453,029
2026-01-23$216.70$260.0056.3%16.2%52.3%16.0%57.0%1.0%0.3%-30.4M1.77B-26.4M0.5842.80138,01379,637603,879456,503
2026-01-26$214.22$250.0056.8%16.7%52.3%17.0%58.8%0.0%-0.1%-10.6M1.64B-25.8M0.7635.2467,55251,614551,427446,653
2026-01-27$211.56$250.0057.5%16.8%52.4%18.3%60.5%0.8%1.8%-15.7M1.73B-25.6M0.6139.4986,90052,921573,237453,717
2026-01-28$208.92$250.0060.0%17.5%52.3%22.9%63.4%-0.4%-0.8%-19.2M1.81B-25.7M0.4543.20125,80056,741594,805462,187
2026-01-29$197.72$250.0062.0%18.7%55.2%26.7%68.1%2.3%-1.9%-40.6M2.57B-23.9M1.5244.42153,850234,073617,085468,437
2026-01-30$193.71$240.0064.1%18.9%55.0%30.8%68.3%0.7%0.2%-31.2M2.49B-24.0M0.6138.59188,758114,509653,226472,817