Bullish flow in Coinbase (COIN), with shares up $26.82, or 10.57%, near $280.68. Options volume more than double the daily average with 262k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 6.1 points near 60.03,in the lowest 10% of observations over the past year, suggesting an expected daily move of $10.61. Put-call skew flattened, suggesting a modestly bullish tone.
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