Deep-pocketed investors have adopted a bearish approach towards Coinbase Global COIN, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in COIN usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 42 extraordinary options activities for Coinbase Global. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 23% leaning bullish and 50% bearish. Among these notable options, 22 are puts, totaling $2,213,841, and 20 are calls, amounting to $1,272,231.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $2.5 to $500.0 for Coinbase Global over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Coinbase Global's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Coinbase Global's whale activity within a strike price range from $2.5 to $500.0 in the last 30 days.
Coinbase Global 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COIN | PUT | SWEEP | BEARISH | 09/19/25 | $32.35 | $31.35 | $32.25 | $170.00 | $341.8K | 404 | 106 |
| COIN | PUT | TRADE | BULLISH | 05/16/25 | $105.4 | $104.15 | $104.6 | $270.00 | $261.5K | 612 | 25 |
| COIN | PUT | SWEEP | BEARISH | 04/17/25 | $29.4 | $28.65 | $29.1 | $195.00 | $218.3K | 646 | 207 |
| COIN | PUT | SWEEP | BULLISH | 06/20/25 | $134.2 | $132.1 | $132.94 | $300.00 | $212.6K | 1.2K | 53 |
| COIN | PUT | SWEEP | BEARISH | 05/16/25 | $10.05 | $9.65 | $9.84 | $150.00 | $192.7K | 3.3K | 735 |
About Coinbase Global
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
After a thorough review of the options trading surrounding Coinbase Global, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Coinbase Global's Current Market Status
- With a trading volume of 2,856,619, the price of COIN is down by -4.1%, reaching $166.79.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 31 days from now.
Professional Analyst Ratings for Coinbase Global
5 market experts have recently issued ratings for this stock, with a consensus target price of $284.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Reflecting concerns, an analyst from Bernstein lowers its rating to Outperform with a new price target of $310. * Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Coinbase Global, targeting a price of $305. * Reflecting concerns, an analyst from Rosenblatt lowers its rating to Buy with a new price target of $305. * Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Coinbase Global, targeting a price of $305. * Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Neutral with a new price target of $195.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Coinbase Global options trades with real-time alerts from Benzinga Pro.
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