Moderately bullish activity in Coinbase (COIN), with shares up $2.27, or 0.71%, near $321.89. Options volume relatively light with 182k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.57. Implied volatility (IV30) dropped 0.75 near 54.2,in the lowest 10% of observations over the past year, suggesting an expected daily move of $10.99. Put-call skew flattened, suggesting a modestly bullish tone.
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