Coinbase Options Sentiment Mixed Amid Share Decline

Coinbase shares have experienced a decline of 2.53% to $164.99, but Cboe data suggests mixed options sentiment on the cryptocurrency exchange.

The options volume is roughly in line with average levels, with 205k contracts traded, and calls leading puts for a put/call ratio of 0.84, compared to the typical level near 0.58.

Implied volatility (IV30) has dropped by 0.1 to 65.51, indicating an expected daily move of $6.81, which is below the 52wk median.