From Nasdaq:

Today new options have become available for Coinbase Global Inc (Symbol: COIN) for the March 8th expiration. Our YieldBoost formula shows two contracts of interest: the put contract with a $115.00 strike price and a current bid of $8.95 and the call contract at the $130.00 strike price with a current bid of $9.20.

The 5% discount to the current trading price of COIN at the $115.00 strike represents an out-of-the-money percentage. There is a 99% chance that the put contract will expire worthless. A covered call at the $130.00 strike price has a current bid of $9.20 and a 99% chance of expiring worthless.

Analytical data shows that the hope on both sides of the option chain is to capitalize, take advantage, or increase the profits of the options you choose. We also calculate the actual trailing twelve months of volatility to be 84%. For more put and call option contract ideas, visit StockOptionsChannel.com.



Read more: Interesting COIN Put And Call Options For March 8th