Mixed options sentiment in Coinbase (COIN), with shares up $8.05, or 3.04%, near $273.02. Options volume roughly in line with average with 299k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 1.06. Implied volatility (IV30) dropped 1.79 near 58.76,in the bottom quartile of the past year, suggesting an expected daily move of $10.11. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Argus.
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