Moderately bullish activity in Coinbase (COIN), with shares up $9.03, or 2.92%, near $318.17. Options volume roughly in line with average with 215k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.64. Implied volatility (IV30) dropped 1.19 near 61.92,and below the 52wk median, suggesting an expected daily move of $12.41. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Monness Crespi.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- Midday Fly By: Insurers slip as Senate spending bill lacks ACA extension
- Crypto Currents: Rumble soars on AI deal, Coinbase launches token platform
- Coinbase upgraded, Six Flags downgraded: Wall Street’s top analyst calls
- Coinbase upgraded to Buy from Neutral at Monness Crespi
- Strategy Stock (MSTR) Hits 52-Week Low as Crypto Prices Slump