Coinbase Glb Options Trading: A Deep Dive into Market Sentiment

Whales with a lot of money to spend have taken a noticeably bearish stance on Coinbase Glb.

Looking at options history for Coinbase Glb COIN we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 54% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $450,070 and 2, calls, for a total amount of $290,500.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $200.0 for Coinbase Glb during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Coinbase Glb options trades today is 954.38 with a total volume of 7,214.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Coinbase Glb's big money trades within a strike price range of $80.0 to $200.0 over the last 30 days.

Coinbase Glb Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
COIN CALL TRADE BEARISH 12/19/25 $200.00 $228.7K 3.4K 1
COIN PUT SWEEP BULLISH 11/24/23 $83.00 $130.8K 103 547
COIN CALL TRADE BULLISH 01/17/25 $105.00 $61.7K 551 5
COIN PUT SWEEP BULLISH 11/24/23 $82.00 $57.3K 106 556
COIN PUT TRADE BEARISH 01/17/25 $80.00 $55.2K 986 2

About Coinbase Glb

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Where Is Coinbase Glb Standing Right Now?

  • With a trading volume of 1,585,666, the price of COIN is down by -4.1%, reaching $89.11.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 99 days from now.

What The Experts Say On Coinbase Glb

3 market experts have recently issued ratings for this stock, with a consensus target price of $77.0.

  • In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $110.
  • An analyst from Mizuho persists with their Underperform rating on Coinbase Glb, maintaining a target price of $31.
  • An analyst from Citigroup has decided to maintain their Neutral rating on Coinbase Glb, which currently sits at a price target of $90.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Coinbase Glb, Benzinga Pro gives you real-time options trades alerts.

COIN Logo
COINCoinbase Global Inc
$198.90-3.68%

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