Bullish flow in Coinbase (COIN), with shares up $11.79, or 3.14%, near $387.57. Options volume relatively light with 181k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 0.0 points near 69.56,and above the 52wk median, suggesting an expected daily move of $16.98. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Rothschild & Co Redburn.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- Coinbase price target lowered to $361 from $365 at Barclays
- Mixed options sentiment in Coinbase with shares down 3.43%
- Crypto Currents: BNY Mellon, ICE, Morgan Stanley expand crypto services
- Bullish flow in Coinbase with shares up 1.99%
- Galaxy Digital Stock Surges 8% as Firm Launches New 4%-8% Yield App to Rival Robinhood and Coinbase
