Mixed options sentiment in Coinbase (COIN), with shares down 42c near $276.50. Options volume relatively light with 91k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 1.05. Implied volatility (IV30) dropped 0.7 near 58.89,in the bottom quartile of the past year, suggesting an expected daily move of $10.26. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- Crypto Currents: Strategy shares stabilize following bitcoin price recovery
- Coinbase’s (COIN) Implosion Distorted Reality But Here’s the Spread That Monetizes It
- Mixed options sentiment in Coinbase with shares up 5.26%
- Crypto Currents: Bitcoin jumps as short liquidations fuel rebound
- Former SEC Boss Gensler Breaks Silence as He Slams Most Crypto as ‘Highly Speculative’
