Cboe Data Shows Coinbase Shares Rise to $185.80
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Cboe data suggests bullish flow in Coinbase (COIN), with shares up 81c, or 0.44%, near $185.80. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 3.0 points near 65.91,and above the 52wk median, suggesting an expected daily move of $7.71. Put-call skew flattened, suggesting a modestly bullish tone.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 173.780
Low
230.00
Averages
361.63
High
440.00
Current: 173.780
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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