Significant Options Trading on Wednesday: CASY, COIN, IRDM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
Should l Buy COIN?
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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy COIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 166.020
Low
230.00
Averages
361.63
High
440.00
Current: 166.020
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.
Stablecoin Usage Trends Show Significant Rise
- Shift in Income Payments: 39% of respondents reported receiving income in stablecoins, including salaries and freelance payments, which has enhanced their ability to conduct international business by 75%.
- Everyday Payment Adoption: 27% of stablecoin holders use them for daily transactions, holding an average of $200 in stablecoins, with 52% of crypto holders making purchases specifically because merchants accepted stablecoins, indicating their potential as everyday currency.
- Increased Demand for Acceptance: 77% of consumers expressed interest in opening stablecoin wallets with their primary fintech or banking providers, highlighting that the demand for stablecoins exceeds current spending opportunities, with 42% wanting to use them for major purchases.
- Regional Adoption Disparities: In emerging markets like South America, Asia, and Africa, 60% of crypto natives hold stablecoins, underscoring their importance as tools for stability and financial inclusion, driving mainstream adoption globally.
See More
CZ Shares Insights from CFTC Chair at Mar-a-Lago Forum
- CFTC Chair's Remarks: CZ attended the World Liberty Forum at Mar-a-Lago, where he listened to CFTC Chair Michael Selig's speech, indicating his keen interest in regulatory developments and insights gained from the event.
- Embracing New Technologies: Selig noted that previous administrations discouraged the development of new tools, but under his leadership, the CFTC is ready to collaborate with incumbents and new entrants, showcasing a regulatory openness to innovation.
- Market Structure Discussion: Selig participated in a panel with NYSE President Lynn Martin on 'Market Structure for the Digital Age,' emphasizing the importance of open finance and global leadership, reflecting strategic considerations for the future of financial markets.
- Importance of Tokenization: Solomon highlighted that traditional banks and cryptocurrency are not in a zero-sum game, with tokenization seen as critical for the growth of the financial industry, indicating recognition and support for emerging financial models.
See More
Goldman Sachs CEO Advocates for Cryptocurrency Regulation
- Importance of Regulatory Framework: Goldman Sachs CEO David Solomon emphasized the critical need for a rules-based system for cryptocurrency and related financial instruments during his remarks at Davos, asserting that such a framework is essential for ensuring the safety and stability of U.S. markets and promoting long-term market health.
- Legislative Stalemate: Solomon's comments come as a Senate committee advances a cryptocurrency market bill aimed at establishing a national regulatory structure, yet the bill has stalled over disputes regarding whether digital asset companies can offer customer rewards, highlighting the complexities and challenges in the legislative process.
- Goldman's Market Positioning: While Solomon expressed a
See More
Cathie Wood Continues to Add to Tech Stocks Amid Market Challenges
- AMD Performance Fluctuations: Despite AMD's quarterly revenue rising 34% to $10.3 billion, driven by 39% growth in data center and 37% in client segments, the stock has dropped 24% in a month due to disappointing guidance, indicating market concerns about future performance.
- Broadcom Growth Potential: Broadcom's stock has retreated 20% from its December peak, yet after a revenue growth slowdown from 44% to 24% in fiscal 2025, analysts expect a rebound to 52% in fiscal 2026, alongside a dividend that has increased for 15 consecutive years, highlighting its long-term investment appeal.
- Coinbase Market Pressure: Coinbase's shares have plummeted 63% since last summer's peak, with total revenue and transaction revenue showing sequential declines, and early guidance for subscription and services revenue suggests an 18% drop, reflecting significant market challenges ahead.
- Unchanged Investment Strategy: Despite market challenges, Cathie Wood remains committed to her investment style, continuing to add shares of AMD, Broadcom, and Coinbase, demonstrating confidence in the long-term growth potential of these tech stocks.
See More
Trump Family Shifts Focus to Cryptocurrency Amid Banking Criticism
- Necessity of Cryptocurrency: The Trump family was compelled to enter the cryptocurrency space after traditional banks closed hundreds of their accounts, with Donald Trump Jr. stating this was out of 'necessity' rather than innovation, highlighting their dissatisfaction with the traditional financial system.
- Goal of Financial Modernization: Eric Trump mentioned their aim to 'modernize finance' to prevent similar 'debanking' incidents from occurring again, reflecting their urgent need for reform in the financial system.
- Criticism and Controversy: The family's crypto venture has faced criticism, particularly from Senator Warren, who questioned their dealings with the Abu Dhabi royal family, labeling it as corruption and suggesting potential conflicts of interest, illustrating the complex relationship between politics and business.
- Democratization of Stablecoins: Donald Trump Jr. emphasized that stablecoins from World Liberty Financial can 'democratize' financial transactions, enabling those without traditional banking connections to secure loans, indicating their desire to improve financial accessibility through new technologies.
See More
Bitmine Holds $6.1 Billion in ETH Staked Assets
- Significant ETH Holdings: Bitmine currently holds 3,040,483 ETH valued at $6.1 billion, representing 3.62% of the total ETH supply, showcasing its strong position in the cryptocurrency market.
- Rapid Investment Growth: Bitmine recently completed a $200 million investment in Beast Industries, further enhancing its footprint in the crypto asset space, which is expected to drive future revenue growth.
- Clear Liquidity Advantage: Bitmine's total assets amount to $9.6 billion, including 4,371,497 ETH and $670 million in cash, demonstrating its leading position in cryptocurrency liquidity.
- Optimistic Future Outlook: The company plans to launch MAVAN in Q1 2026, aimed at providing secure staking infrastructure, which is expected to further enhance its market competitiveness and investor confidence.
See More
Stablecoin Usage Trends Show Significant Rise
- Shift in Income Payments: 39% of respondents reported receiving income in stablecoins, including salaries and freelance payments, which has enhanced their ability to conduct international business by 75%.
- Everyday Payment Adoption: 27% of stablecoin holders use them for daily transactions, holding an average of $200 in stablecoins, with 52% of crypto holders making purchases specifically because merchants accepted stablecoins, indicating their potential as everyday currency.
- Increased Demand for Acceptance: 77% of consumers expressed interest in opening stablecoin wallets with their primary fintech or banking providers, highlighting that the demand for stablecoins exceeds current spending opportunities, with 42% wanting to use them for major purchases.
- Regional Adoption Disparities: In emerging markets like South America, Asia, and Africa, 60% of crypto natives hold stablecoins, underscoring their importance as tools for stability and financial inclusion, driving mainstream adoption globally.
See More
CZ Shares Insights from CFTC Chair at Mar-a-Lago Forum
- CFTC Chair's Remarks: CZ attended the World Liberty Forum at Mar-a-Lago, where he listened to CFTC Chair Michael Selig's speech, indicating his keen interest in regulatory developments and insights gained from the event.
- Embracing New Technologies: Selig noted that previous administrations discouraged the development of new tools, but under his leadership, the CFTC is ready to collaborate with incumbents and new entrants, showcasing a regulatory openness to innovation.
- Market Structure Discussion: Selig participated in a panel with NYSE President Lynn Martin on 'Market Structure for the Digital Age,' emphasizing the importance of open finance and global leadership, reflecting strategic considerations for the future of financial markets.
- Importance of Tokenization: Solomon highlighted that traditional banks and cryptocurrency are not in a zero-sum game, with tokenization seen as critical for the growth of the financial industry, indicating recognition and support for emerging financial models.
See More
Goldman Sachs CEO Advocates for Cryptocurrency Regulation
- Importance of Regulatory Framework: Goldman Sachs CEO David Solomon emphasized the critical need for a rules-based system for cryptocurrency and related financial instruments during his remarks at Davos, asserting that such a framework is essential for ensuring the safety and stability of U.S. markets and promoting long-term market health.
- Legislative Stalemate: Solomon's comments come as a Senate committee advances a cryptocurrency market bill aimed at establishing a national regulatory structure, yet the bill has stalled over disputes regarding whether digital asset companies can offer customer rewards, highlighting the complexities and challenges in the legislative process.
- Goldman's Market Positioning: While Solomon expressed a
See More
Cathie Wood Continues to Add to Tech Stocks Amid Market Challenges
- AMD Performance Fluctuations: Despite AMD's quarterly revenue rising 34% to $10.3 billion, driven by 39% growth in data center and 37% in client segments, the stock has dropped 24% in a month due to disappointing guidance, indicating market concerns about future performance.
- Broadcom Growth Potential: Broadcom's stock has retreated 20% from its December peak, yet after a revenue growth slowdown from 44% to 24% in fiscal 2025, analysts expect a rebound to 52% in fiscal 2026, alongside a dividend that has increased for 15 consecutive years, highlighting its long-term investment appeal.
- Coinbase Market Pressure: Coinbase's shares have plummeted 63% since last summer's peak, with total revenue and transaction revenue showing sequential declines, and early guidance for subscription and services revenue suggests an 18% drop, reflecting significant market challenges ahead.
- Unchanged Investment Strategy: Despite market challenges, Cathie Wood remains committed to her investment style, continuing to add shares of AMD, Broadcom, and Coinbase, demonstrating confidence in the long-term growth potential of these tech stocks.
See More
Trump Family Shifts Focus to Cryptocurrency Amid Banking Criticism
- Necessity of Cryptocurrency: The Trump family was compelled to enter the cryptocurrency space after traditional banks closed hundreds of their accounts, with Donald Trump Jr. stating this was out of 'necessity' rather than innovation, highlighting their dissatisfaction with the traditional financial system.
- Goal of Financial Modernization: Eric Trump mentioned their aim to 'modernize finance' to prevent similar 'debanking' incidents from occurring again, reflecting their urgent need for reform in the financial system.
- Criticism and Controversy: The family's crypto venture has faced criticism, particularly from Senator Warren, who questioned their dealings with the Abu Dhabi royal family, labeling it as corruption and suggesting potential conflicts of interest, illustrating the complex relationship between politics and business.
- Democratization of Stablecoins: Donald Trump Jr. emphasized that stablecoins from World Liberty Financial can 'democratize' financial transactions, enabling those without traditional banking connections to secure loans, indicating their desire to improve financial accessibility through new technologies.
See More
Bitmine Holds $6.1 Billion in ETH Staked Assets
- Significant ETH Holdings: Bitmine currently holds 3,040,483 ETH valued at $6.1 billion, representing 3.62% of the total ETH supply, showcasing its strong position in the cryptocurrency market.
- Rapid Investment Growth: Bitmine recently completed a $200 million investment in Beast Industries, further enhancing its footprint in the crypto asset space, which is expected to drive future revenue growth.
- Clear Liquidity Advantage: Bitmine's total assets amount to $9.6 billion, including 4,371,497 ETH and $670 million in cash, demonstrating its leading position in cryptocurrency liquidity.
- Optimistic Future Outlook: The company plans to launch MAVAN in Q1 2026, aimed at providing secure staking infrastructure, which is expected to further enhance its market competitiveness and investor confidence.
See More
