Coinbase Glb Option Alert: Fri $78 Calls Sweep (3) near the Ask: 200 @ $1.5 vs 1199 OI; Ref=$74.62
Portfolio Pulse from Charles Gross
An option alert has been issued for Coinbase Global (COIN) for Friday $78 calls sweep near the ask price. The volume of this option is 200 at $1.5 versus an open interest of 1199. The reference price is $74.62.
August 21, 2023 | 5:21 pm
News sentiment analysis
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POSITIVE IMPACT
Increased activity in COIN's options market may indicate bullish sentiment among investors, potentially driving the stock price up in the short term.
The increased activity in the options market for COIN, specifically for calls (which are bets that the stock price will rise), indicates a bullish sentiment among investors. This could potentially drive the stock price up in the short term as more investors may follow this trend and buy the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100