Investors are seeing high put options on Coinbase stock, potentially indicating anticipation of a pullback.

From Barchart:

Investors have seen Coinbase stock increase by over 41% in the last month following the release of earnings. This has caused put options for the stock to surge as investors anticipate a potential pullback. Short-sellers are eyeing this as a promising income opportunity.



Read more at Barchart: Coinbase Put Options Are Sky High – Worth Shorting for Income in Nearby Expiry Periods