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Options Spy | Coinbase Insiders Cash Out, call options sold in large volumes
@OptionsBB:At the end of 2023, the bulls showed fatigue, and all U.S. stock indexes ushered in the ninth consecutive week of gains. After a difficult 2022, U.S. stocks have rebounded strongly, beating other international stock markets. For most of 2023, excitement about artificial intelligence (AI) fueled a strong rally in "Big Seven" stocks like Nvidia and Microsoft. Nasdaq surged 43.6% this year, ushering in the best year since 2020. Philadelphia Semiconductor has surged 65% this year, its biggest gain since 2009. The share price of Coinbase, the largest cryptocurrency trading platform in the United States, has also risen sharply recently, led by the soaring price of bitcoin. And Coinbase insiders also took advantage of the rising tide to cash out in December. Lawrence J Brock, Coinbase's chief people officer, sold 104,767 shares of his own stock for $18.3 million in one transaction. CEO Brian Armstrong was the third largest seller. He sold 146,150 shares for a total of $21.6 million in multiple transactions. $Coinbase Global, Inc.(COIN)$ Option moves shows selling call options recently traded: $COIN 20240112 200.0 CALL$ * 10:30 ~ 11:30 every day, real-time sharing of exclusive screening options large order, welcome to click to subscribe. FANNG option active $Apple(AAPL)$ Sell call option $AAPL 20240126 195.0 PUT$ $Meta Platforms, Inc.(META)$ Sell PUT options $META 20240202 310.0 PUT$ Option buyer open position (Single leg) Buy TOP T/O: $AAPL 20240126 195.0 PUT$ $ALB 20240621 140.0 PUT$ Buy TOP Vol: $AAPL 20240126 195.0 PUT$ $OXY 20240126 59.0 PUT$ Note: This image data is from Tiger PC. This screening is a significant buy open position for options contracts in the market. The purchase of a call option means that the trader believes that the underlying has upward momentum, and the purchase of a put option means that the trader believes that the underlying has downward momentum. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position. Option seller open position (Single leg) Sell TOP T/O: $PEP 20240119 185.0 PUT$ $PDD 20240920 135.0 PUT$ Sell TOP Vol: $WBD 20240202 9.5 PUT$ $C 20240315 60.0 CALL$ Note: This image data is from Tiger PC. This screen is a significant sell open position for an option contract in the market. A sell of a call option means that the trader believes that the underlying trend has peaked, and a sell of a put option means that the trader believes that the underlying trend has bottomed. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position. Options portfolio open position Note: This image data is from Tiger PC. This screening is a significant portfolio of options contracts in the market. Portfolio opening includes a variety of underlying trends, requiring traders to further master the basic knowledge of options for analysis and judgment.
Options Spy | Coinbase Insiders Cash Out, call options sold in large volumesDisclaimer: 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.