Significant Options Trading on Wednesday: CASY, COIN, IRDM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
Source: NASDAQ.COM
Coinbase Options Trading: Coinbase Global Inc (COIN) experienced a significant options trading volume of 73,422 contracts, equating to about 7.3 million underlying shares, which is 73.3% of its average daily trading volume over the past month.
High Volume Call Option: The $290 strike call option for COIN, expiring on December 12, 2025, saw particularly high activity with 3,960 contracts traded, representing approximately 396,000 underlying shares.
Iridium Communications Options Trading: Iridium Communications Inc (IRDM) recorded an options trading volume of 13,327 contracts today, which corresponds to around 1.3 million underlying shares, or 69.8% of its average daily trading volume.
Notable Call Option for IRDM: The $20 strike call option for IRDM, expiring on January 16, 2026, had a notable volume of 9,063 contracts traded, representing approximately 906,300 underlying shares.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COIN is 361.63 USD with a low forecast of 230.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 209.430
Low
230.00
Averages
361.63
High
440.00
Current: 209.430
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 cryptoeconomy; 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. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
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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