Mixed options sentiment in Coinbase (COIN), with shares down $5.32 near $351.68. Options volume relatively light with 132k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.9 near 71.32,and above the 52wk median, suggesting an expected daily move of $15.80. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Coinbase (COIN) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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