Moderately bullish activity in Coinbase (COIN), with shares up $4.40, or 1.39%, near $321.95. Options volume relatively light with 155k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.55. Implied volatility (IV30) dropped 1.44 near 53.46,in the lowest 10% of observations over the past year, suggesting an expected daily move of $10.84. Put-call skew flattened, suggesting a modestly bullish tone.
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