Investors considering buying Coinbase Global Inc (COIN) shares may find selling put options as an alternative strategy. A December 2028 put at the $100 strike has a bid of $21.65, offering a 7.5% annualized return. However, downside risk exists if COIN shares fall below $100. Historical volatility stands at 71%.

Selling a put does not provide access to COIN’s potential upside and involves counterparty risk. The best outcome for the put seller is if the contract is not exercised and the premium is collected. Fundamental analysis and historical stock performance can help assess the risk-reward ratio of selling put options for COIN.

Read more at Nasdaq: Commit To Buy Coinbase Global At $100, Earn 21.6% Using Options