Mixed options sentiment in Coinbase (COIN), with shares down $9.90 near $245.96. Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.83. Implied volatility (IV30) dropped 0.67 near 57.83,and below the 52wk median, suggesting an expected daily move of $8.96. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at BofA.
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