From NASDAQ.: 2024-04-04 10:53:48

Investors in Coinbase Global Inc. (COIN) now have new options available for the May 24th expiration on Stock Options Channel. A put contract at the $255.00 strike price has a bid of $31.30, representing an alternative to purchasing shares at $258.00/share. The call contract at the $265.00 strike price has a bid of $31.75, offering a potential total return of 15.02% if the stock gets called away. Both options have varying odds of expiring worthless, with implied volatility at 92% for the put contract and 91% for the call contract.

Analytical data shows the implied volatility for put and call contracts, and the trailing twelve month volatility for COIN to be 76%. For more options contract ideas, visit StockOptionsChannel.com.

Read more at Nasdaq: Interesting COIN Put And Call Options For May 24th