New options available for Coinbase Global Inc's investors with potential discounts and returns.

From Nasdaq

August 8, 2024 11:07:06 AM:

Investors in Coinbase Global Inc (COIN) now have new options available for the September 27th expiration. A put contract at the $185.00 strike price has a bid of $17.00, offering potential purchase at a discount of 4% to the current trading price. The call contract at the $195.00 strike has a bid of $20.35, with potential for an 11.88% return if the stock is called away.

The put contract has a 60% chance of expiring worthless, offering a 9.19% return if it does. The call contract has a 47% chance of expiring worthless, providing a 10.57% boost in return. Implied volatility for the put contract is 75%, while the call contract has an 83% implied volatility. The actual trailing twelve month volatility is calculated at 73%.

Investors can visit StockOptionsChannel.com for more put and call options contract ideas and analysis. Check out top YieldBoost calls of the S&P 500 for additional insights on potential trading opportunities. The views expressed are of the author and not necessarily reflective of Nasdaq, Inc.

Read more at Nasdaq: September 27th Options Now Available For Coinbase Global (COIN)