COIN- Looking nicely BULLISH

2023-12-28

Very interesting -News today on Coinbase as we approach the target area. Please bear in mind my target may not be the exact top.. It wll be close, but I am not into trading exact tops, as this can often be areas of high volatility and pullbacks. With that said- This article today was interesting to see Right Now as we are less than 1 week from 2024.

$Coinbase Global, Inc.(COIN)$ stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26.

This is likely due to a huge surge in Bitcoin

Three large tranches of 'puts' have traded with high Volume/Outstanding Interest (VOL/OI) ratios.

Two of the three tranches relate to options expiration periods ending this Friday . The third expires on Jan. 5. In other words, the traders are hoping to make money in just 2 to 9 days of trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":256909824602120,"tweetId":"256909824602120","gmtCreate":1703751604552,"gmtModify":1703751623505,"author":{"id":9000000000000190,"idStr":"9000000000000190","authorId":9000000000000190,"authorIdStr":"9000000000000190","name":"zookee","avatar":"https://static.tigerbbs.com/e0718fadae159e83dfa236747cbf442c","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":97,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/761e556d3d5bdabf9aa3a6b5d9f5de29","width":"1721","height":"641"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/761e556d3d5bdabf9aa3a6b5d9f5de29","width":"1721","height":"641"}],"title":"COIN- Looking nicely BULLISH","html":"<html><head></head><body>Very interesting -News today on Coinbase as we approach the target area. Please bear in mind my target may not be the exact top.. It wll be close, but I am not into trading exact tops, as this can often be areas of high volatility and pullbacks. With that said- This article today was interesting to see Right Now as we are less than 1 week from 2024. <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26. This is likely due to a huge surge in Bitcoin Three large tranches of 'puts' have traded with high Volume/Outstanding Interest (VOL/OI) ratios. Two of the three tranches relate to options expiration periods ending this Friday . The third expires on Jan. 5. In other words, the traders are hoping to make money in just 2 to 9 days of trading.<img src=\"https://community-static.tradeup.com/news/761e556d3d5bdabf9aa3a6b5d9f5de29\" tg-width=\"1721\" tg-height=\"641\"></body></html>","htmlText":"<html><head></head><body>Very interesting -News today on Coinbase as we approach the target area. Please bear in mind my target may not be the exact top.. It wll be close, but I am not into trading exact tops, as this can often be areas of high volatility and pullbacks. With that said- This article today was interesting to see Right Now as we are less than 1 week from 2024. <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26. This is likely due to a huge surge in Bitcoin Three large tranches of 'puts' have traded with high Volume/Outstanding Interest (VOL/OI) ratios. Two of the three tranches relate to options expiration periods ending this Friday . The third expires on Jan. 5. In other words, the traders are hoping to make money in just 2 to 9 days of trading.<img src=\"https://community-static.tradeup.com/news/761e556d3d5bdabf9aa3a6b5d9f5de29\" tg-width=\"1721\" tg-height=\"641\"></body></html>","text":"Very interesting -News today on Coinbase as we approach the target area. Please bear in mind my target may not be the exact top.. It wll be close, but I am not into trading exact tops, as this can often be areas of high volatility and pullbacks. With that said- This article today was interesting to see Right Now as we are less than 1 week from 2024. $Coinbase Global, Inc.(COIN)$ stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26. This is likely due to a huge surge in Bitcoin Three large tranches of 'puts' have traded with high Volume/Outstanding Interest (VOL/OI) ratios. Two of the three tranches relate to options expiration periods ending this Friday . The third expires on Jan. 5. In other words, the traders are hoping to make money in just 2 to 9 days of trading.","highlighted":1,"essential":1,"paper":2,"likeSize":8,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/256909824602120","repostId":0,"isVote":1,"tweetType":1,"viewCount":1014,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":728,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/256909824602120"}