Investors can consider selling puts on Coinbase Global Inc (COIN) to potentially benefit from a 6.9% annualized rate of return. A put contract at the $185 strike has a bid of $28.95, offering a 15.7% return against the commitment. Selling a put limits upside potential but can generate income. Historical volatility and fundamental analysis can help assess risks and rewards. The stock’s trailing twelve month volatility is 82%. Check StockOptionsChannel.com for more options contract ideas.

Read more at Nasdaq: Commit To Buy Coinbase Global At $185, Earn 15.7% Using Options