COIN Options History — February 2026

In February 2026, COIN traded between $142.46 and $188.88. ATM implied volatility averaged 73.0%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 21.0%. IV traded below realized volatility by 12.4% (HV 20d: 85.4%). Max pain ranged from $200.00 to $230.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.49.

Notable Days

  • 2026-02-13: Highest Volume — 795,861 contracts
  • 2026-02-05: Largest IV spike — 27.3% change
  • 2026-02-05: Highest IV Rank — 87.7%
  • 2026-02-05: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$166.71$142.46$188.88$188.88$175.88
Max Pain$208.16$200.00$230.00$225.00$200.00
ATM IV73.0%65.4%94.1%65.4%68.7%
Expected Move21.0%19.1%25.4%20.0%20.0%
HV 20d85.4%42.1%114.5%51.6%113.5%
HV 60d67.0%55.5%75.6%56.9%75.1%
IV Rank47.6%33.2%87.7%33.2%39.4%
IV Percentile83.0%62.7%99.2%62.7%73.4%
Term Structure-1.0%-3.9%0.8%-0.7%-1.1%
VWIV74.7%67.9%84.8%74.0%71.9%
Skew 25d6.1%2.9%9.9%2.9%8.1%
Skew 10d12.0%3.9%20.6%3.9%11.9%
Call IV 25d71.0%64.4%90.3%65.0%67.2%
Put IV 25d77.1%67.9%98.2%67.9%75.3%
Bid-Ask Spread %47.9726.1159.6239.0943.14
Gamma HHI0.070.030.210.040.10
Net GEX14.9M-21.8M66.0M-903.5K42.0M
Net DEX1.66B-523.2M3.38B2.19B613.3M
Net VEX-22.7M-26.9M-17.9M-23.8M-25.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.514.491.450.84
Total Volume315,827.895124,200795,861199,311239,450
Total OI1,243,681.2111,084,5461,386,4891,084,5461,271,777

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$188.88$225.0065.4%20.0%51.6%33.2%74.0%2.9%-0.7%-903.5K2.19B-23.8M1.4539.0981,469117,842624,917459,629
2026-02-03$178.73$220.0071.3%21.4%42.1%44.5%78.1%4.8%0.8%-16.1M2.71B-22.8M1.1829.45125,494148,287649,150479,677
2026-02-04$169.23$220.0073.9%22.8%44.0%49.4%82.2%4.0%-2.1%-21.8M3.09B-21.6M1.1126.11138,649153,243676,267493,479
2026-02-05$146.99$230.0094.1%25.4%61.5%87.7%84.8%7.9%-3.9%-18.6M3.38B-17.9M1.4453.91201,730290,909707,239494,793
2026-02-06$164.16$220.0077.2%21.5%78.2%55.7%75.1%9.9%-1.6%39.9M2.15B-22.1M0.8955.45204,023181,795782,763518,471
2026-02-09$167.34$210.0074.5%20.9%79.4%50.4%74.3%6.2%-0.9%8.7M1.94B-22.7M1.5559.31102,946159,490706,806497,966
2026-02-10$163.54$210.0074.3%21.1%78.7%50.0%73.5%5.7%-0.3%8.2M2.07B-22.3M1.7759.6257,229101,543730,696509,671
2026-02-11$153.13$210.0075.9%21.5%76.8%53.1%77.6%8.3%-0.6%-3.6M2.67B-20.1M2.3357.7686,125200,826740,450516,353
2026-02-12$142.46$210.0081.6%23.1%77.6%64.0%83.9%4.8%-0.3%-15.9M2.99B-18.6M3.3756.27155,310523,369761,654541,707
2026-02-13$164.66$200.0070.9%20.3%97.9%43.6%72.1%3.6%-1.4%54.0M864.2M-23.3M1.2344.50356,444439,417815,646570,843
2026-02-17$165.85$200.0071.4%20.5%97.9%44.6%72.4%5.9%-2.1%19.6M1.18B-23.4M1.2950.13104,949135,275771,188530,745
2026-02-18$165.04$200.0069.8%20.0%96.7%41.6%70.6%6.3%-1.1%18.6M1.32B-23.2M1.0455.1895,54599,697793,585552,029
2026-02-19$164.81$200.0068.6%19.6%96.6%39.3%71.3%6.6%0.7%18.1M1.29B-23.0M4.4955.8862,564280,622811,812557,397
2026-02-20$171.68$200.0066.8%19.1%98.7%35.8%67.9%6.5%-0.3%45.9M426.3M-23.9M0.7156.15169,908120,373818,404553,788
2026-02-23$159.26$200.0070.9%20.7%100.8%43.6%72.8%6.9%-0.9%-5.9M1.74B-21.7M1.1944.0656,78367,417642,867484,941
2026-02-24$160.52$200.0071.4%20.5%101.2%44.6%72.8%7.1%-2.2%-7.2M1.66B-22.0M0.8044.9672,74958,331652,738497,599
2026-02-25$183.95$200.0071.2%20.6%114.5%44.3%73.3%4.9%-0.8%52.0M-523.2M-26.9M0.5138.48224,003115,187662,982507,000
2026-02-26$181.45$200.0068.5%19.8%114.5%39.0%70.5%5.6%0.6%66.0M-217.4M-26.5M1.2041.90123,457148,280708,738534,176
2026-02-27$175.88$200.0068.7%20.0%113.5%39.4%71.9%8.1%-1.1%42.0M613.3M-25.5M0.8443.14129,916109,534724,908546,869