Coinbase call volume above normal and directionally bullish
The Fly

Coinbase call volume above normal and directionally bullish

Bullish option flow detected in Coinbase with 25,466 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 98.62%. 4/26 weekly 250 calls and 4/26 weekly 210 puts are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 2nd.

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