Investors with a lot of money to spend have taken a bullish stance on Coinbase Glb COIN.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COIN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 13 options trades for Coinbase Glb.
This isn't normal.
The overall sentiment of these big-money traders is split between 46% bullish and 38%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $25,440, and 12, calls, for a total amount of $679,340.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $287.5 and $400.0 for Coinbase Glb, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Coinbase Glb stands at 2301.31, with a total volume reaching 1,170.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Coinbase Glb, situated within the strike price corridor from $287.5 to $400.0, throughout the last 30 days.
Coinbase Glb Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COIN | CALL | SWEEP | BEARISH | 02/07/25 | $6.35 | $6.3 | $6.3 | $310.00 | $252.0K | 1.9K | 612 |
| COIN | CALL | TRADE | BULLISH | 02/21/25 | $13.0 | $12.1 | $13.0 | $330.00 | $63.7K | 2.2K | 51 |
| COIN | CALL | TRADE | BULLISH | 06/20/25 | $55.05 | $53.85 | $54.58 | $300.00 | $54.5K | 3.8K | 13 |
| COIN | CALL | TRADE | BEARISH | 06/20/25 | $45.25 | $43.6 | $44.14 | $330.00 | $44.1K | 951 | 10 |
| COIN | CALL | TRADE | BULLISH | 02/28/25 | $26.5 | $25.75 | $26.5 | $300.00 | $39.7K | 452 | 47 |
About Coinbase Glb
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 Glb, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Coinbase Glb
- With a volume of 868,962, the price of COIN is down -0.34% at $300.27.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 13 days.
What Analysts Are Saying About Coinbase Glb
In the last month, 5 experts released ratings on this stock with an average target price of $300.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Market Perform rating on Coinbase Glb, which currently sits at a price target of $255. * Consistent in their evaluation, an analyst from Goldman Sachs keeps a Neutral rating on Coinbase Glb with a target price of $340. * An analyst from Piper Sandler persists with their Neutral rating on Coinbase Glb, maintaining a target price of $285. * Showing optimism, an analyst from Mizuho upgrades its rating to Neutral with a revised price target of $290. * Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Coinbase Glb, targeting a price of $334.
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 Glb options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
