Investors in Coinbase Global Inc (Symbol: COIN) now have new options available for the April 2nd expiration. A put contract at the $145.00 strike price has a bid of $13.55, offering a cost basis of $131.45 per share. The call contract at the $160.00 strike has a bid of $9.60, providing a total return of 16.36% if the stock gets called away. Implied volatility is 74% for puts and 76% for calls.

The $145.00 put contract has a 58% chance of expiring worthless, potentially offering a 9.34% return. The $160.00 call contract has a 55% chance of expiring worthless, providing a 6.59% boost. Actual trailing twelve month volatility is 73%. For more options contract ideas, visit StockOptionsChannel.com.

Charting the trading history for Coinbase Global Inc shows the $145.00 put and $160.00 call strike locations. The $145.00 put is 1% below the current stock price, while the $160.00 call is 10% above, indicating potential outcomes. Monitoring these options and their probabilities over time can help investors make informed decisions.

Read more at Nasdaq: April 2nd Options Now Available For Coinbase Global (COIN)