Mixed options sentiment in Coinbase (COIN), with shares down $1.41 near $302.60. Options volume relatively light with 75k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.71. Implied volatility (IV30) dropped 0.79 near 61.36,and below the 52wk median, suggesting an expected daily move of $11.70. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Monness Crespi.
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