COIN Options Chain Analysis

As of previous close (2026-10-02) · OPRA historical data

Spot $183.11 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.85

479k P / 562k C

Put/Call (Volume)

0.43

84k P / 196k C that session

30d ATM IV

63%

annualized implied move

Call wall

$200

47k contracts

Put wall

$110

31k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $200 (47k contracts), 9% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $110 (31k contracts), 40% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 63% — the market prices very large moves; option premium is expensive.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-09	34k	24k	0.71	72k
2026-10-16	85k	74k	0.87	29k
2026-10-23	6k	6k	0.90	5k
2026-10-30	6k	6k	1.01	5k
2026-11-06	975	938	0.96	4k
2026-11-13	231	17	0.07	3k
2026-11-20	53k	35k	0.67	9k
2026-12-18	65k	56k	0.85	8k
2027-01-15	105k	68k	0.65	3k
2027-02-19	9k	13k	1.43	763
2027-03-19	25k	18k	0.72	2k
2027-04-16	3k	6k	2.33	436
2027-05-21	16k	27k	1.73	200
2027-06-17	11k	22k	2.08	761
2027-09-17	2k	8k	3.47	325
2027-12-17	27k	25k	0.91	1k
2028-01-21	27k	17k	0.62	1k
2028-06-16	12k	17k	1.49	606
2028-12-15	15k	10k	0.65	344
2029-01-19	1k	293	0.24	189

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.