🚀 Coinbase Joins the S&P 500 – Big Win for Crypto & Wall Street Drama!

Big headline just dropped, and it’s juicy:

• 📅 Effective Monday, May 20 — Coinbase (COIN) enters the S&P 500
• 🔁 Replacing Discover Financial, which is being acquired by Capital One
• 📈 Stock jumped 9%+ after-hours, now around $225
• 💼 Market cap: $50.8 billion
• 🥇 First time a pure crypto player makes it into the S&P 500
• 🏦 Institutions will now have to buy COIN to track the index
• 🔥 Crypto is no longer the outsider — it’s crashing the Wall Street party

Cheeky thought:
The same folks who once called crypto a fad will now be forced to hold COIN in their retirement portfolios. Gotta love how the market humbles everyone eventually!

Trade Idea?
Might be worth a look at short-dated bullish spreads or LEAPS if you think this inclusion will fuel more inflows. Just saying… you can watch about how I do spreads on the previous live webinar 

More action coming. Stay tuned.

— Pete
# Coinbase $2.3B Convertible Note: Smart Move or Red Flag?

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  • This could rocket up to $300
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  • coin will be up minimum 200% after joining s&p 500.
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