Investors considering buying Coinbase Global Inc (COIN) stock may want to explore selling put options as an alternative strategy. The December 2027 put at the $150 strike has a bid of $16.00, offering a 4.4% annualized rate of return. Selling a put has risks, as the investor may end up owning shares if the contract is exercised.

The chart shows COIN’s trading history and the $150 strike relative to that. Historical volatility, combined with fundamental analysis, can help assess the risk-reward of selling the put option. The trailing twelve-month volatility for COIN is 84%, providing insight into potential future price movements.

In options trading, there is a higher put volume among S&P 500 components compared to call volume, with a put:call ratio of 0.90. This indicates more put buyers than usual. Understanding market sentiment and volume trends can help investors make informed decisions when trading options.

Read more at Nasdaq: Commit To Purchase Coinbase Global At $150, Earn 10.7% Using Options