Mixed options sentiment in Coinbase with shares down 2.41%

Mixed options sentiment in Coinbase (COIN), with shares down $8.44 near $342.06. Options volume roughly in line with average with 106k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 2.4 points near 61.85,in the bottom quartile of the past year, suggesting an expected daily move of $13.33. Put-call skew steepened, indicating increased demand for downside protection.