Bullish option flow detected in Coinbase with 40,958 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 75.76%. May-24 250 calls and 5/10 weekly 240 calls are the most active options, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 0.36. Earnings are expected on August 1st.
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