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$COIN Bearish pressure building up in the options market. On-Balance net option delta is -465 K.
I noticed a lot of bullish pressure coming from the options market on $COIN. Check out this order imbalance! 473 K option volume delta. What is option volume delta?
Something to keep an eye on: Mostly large institutional traders are showing a short build up in $COIN. Net option volume delta is -619 K!
$COIN negative imbalance of -650 K option volume delta...indicating traderes are more bearish on the stock

COIN 225.30-3.55 (-1.6%)Coinbase Glb

  • ATM straddle for 10-May-24 expiration returned a negative -37.1% from the previous business day
  • The upside wing (25 delta calls) declined -76.7%
  • Downside put (25 delta puts) lost -48.3%
  • The option volume for 10-May-24 expiration is 20,503
  • News: Coinbase Releases First Quarter 2024 Shareholder Letter
COIN #CoinbaseGlb stock declines -2.3% in after hours trading. See the latest news.

After Hours Decliner

COIN Coinbase Glb228.85+18.76+8.9%

After Hours:223.70-5.15 (-2.3%)

Coinbase Releases First Quarter 2024 Shareholder Letter

Business WireThu, 2-May 4:11 PM