Investors in Coinbase Global have new options available with potential returns above market prices.

From Nasdaq
October 10, 2024 11:15 AM:

Investors in Coinbase Global Inc (COIN) now have new options available for the November 29th expiration. A put contract at the $160.00 strike price with a bid of $14.85 offers a 3% discount. The implied odds of the put contract expiring worthless are 61%.

On the calls side, a call contract at the $170.00 strike price with a bid of $17.00 could yield a 13.68% return if the stock gets called away. The implied odds of the covered call contract expiring worthless are 47%. The implied volatility of the put contract is 79%, while for the call contract it is 77%.

The trailing twelve month trading history of Coinbase Global Inc highlights opportunities for investors to use options strategies effectively. The $160.00 put and $170.00 call contracts offer potential returns above market prices. By monitoring the odds and volatility, investors can make informed decisions to maximize returns.

Read more at Nasdaq: November 29th Options Now Available For Coinbase Global (COIN)