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Barchart
Barchart
Mark R. Hake, CFA

Investors are Flocking to Coinbase Stock - Unusual Call Options Trading Volume Today

COIN Coinbase Coinbase Global Barchart

Coinbase Global (COIN) is having unusual call options volume trading today. These in-the-money call options trades due in 2 months highlight some investors' attraction to COIN stock as a near-term buy.

COIN stock is just below $200 at $199.31 today, up 1%. However, the stock is well off its recent high of $265.15 on July 15. Moreover, it recently bottomed out at $189.47 on Aug. 5.

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