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Mixed options sentiment in Coinbase with shares up 4.31%

Mixed options sentiment in Coinbase (COIN), with shares up $10.96, or 4.31%, near $265.07. Options volume roughly in line with average with 306k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 1.07. Implied volatility (IV30) dropped 2.47 near 60.55,and below the 52wk median, 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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