L'intérêt à découvert pour Coinbase Glb donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Coinbase Glb. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Coinbase Glb (NASDAQ:COIN) Stock, Rapport sur les intérêts à découvert

Coinbase Glb

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Coinbase Global, Inc. - Class A Common Stock

Coinbase Global Inc

COINBASE GLOBAL CL A ORD

Coin Citadel

Coin98 - United States Dollar

CoinEx Token

CoinLoan

CoinMerge (BEP-20)

CoinPoker

COINSHARES INTL LTD by Coinshares International Limited

CoinShares International Ltd

CoinSmart Financial Inc

Coinshares Valkyrie Bitcoin Fund

COINSILIUM GROUP LTD ORD by Coinsilium Group Ltd.

Coinsilium Group Ltd

Both the S&amp;P 500 and the Dow Jones Industrial Average extended their record highs on Monday, reflecting continued bullish sentiment as investors anticipate key <a href="https://www.benzinga.com/earnings">corporate earnings reports </a>later this week.
The S&amp;P 500 surged past 5,850 points during midday trading in New York, while the Dow Jones broke above the 43,000 mark for the first time. Wall Street celebrated the two-year anniversary of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41314387/most-widely-hated-bull-market-reaches-2-year-milestone-top-20-s-p-500-stocks-drivin">the bull market&#8217;s start.</a>
However, the Nasdaq 100 is still lagging. It gained 0.7% on the day but remains about 1% below its all-time high set on July 10.
Small-cap stocks also advanced, with the Russell 2000 climbing 0.6%. Among sectors, utilities and technology led the gains, while semiconductors and homebuilders were the top-performing industries.
Despite no major economic data releases, U.S. Treasury yields edged higher, with the 10-year yield reaching 4.13%, its highest level since late July. The U.S. dollar also rose by 0.3%.
Commodities were the weakest asset class, weighed down by uncertainty over China&#8217;s stimulus measures. Gold, silver, and copper fell 0.4%, 1.2%, and 2%, respectively. Crude oil prices dropped 2.3% as OPEC&#8217;s weakening demand outlook dampened sentiment.
Chinese equities, tracked by the iShares MSCI China ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NYSE">MCHI</a>), declined 1.1%.
In the crypto space, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stood out as the best performer, rallying 4.5% to surpass $65,000. Other cryptocurrencies and crypto-linked stocks followed its lead.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,857.62</td>
<td>0.7%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,409.65</td>
<td>0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,245.80</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,027.29</td>
<td>0.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:30 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.7% to $583.72.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.4% to $430.59.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 0.8% to $497.15.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.6% to $222.52.</li>
<li>The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 1.2%. The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XKE#NYSE">XKE</a>) lagged, down 0.3%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) surged more than 5% after BNP Paribas initiated coverage with an Outperform rating and a $231 price target.</li>
<li>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) rallied 3.7%, after soaring 5.6% Friday, after Bank of America Securities raised the price target on the stock from $70 to $75. </li>
<li>SoFi Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) soared over 9% following the announcement of a major agreement with Fortress Investment Group LLC for its loan-platform business.</li>
<li>Upstart Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) jumped over 4% after Wedbush upgraded the stock to Neutral, boosting its price target from $10 to $45.</li>
<li>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) and MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) rallied 7.7%, 7.3% and 5.4%, respectively, on the heels of Bitcoin&#8217;s rally. </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41302909/18-stocks-to-buy-7-to-sell-this-earnings-season-goldman-sachs-calls-it-the-year-of-the-stock-picker">18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It &#8216;The Year Of The Stock Picker&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Equities

Large Cap

Macro Economic Events

Mid Cap

Broad U.S. Equity ETFs

Small Cap

Economics

Tech

ETFs

$BTC

CLSK

COIN

SPDR Dow Jones Industrial Average ETF Trust

MARA

MCHI

SOFI

UPST

Select Sector SPDR-Consumer Discretionary

S&P 500 Extends Record Highs, Dow Breaks 43,000 Ahead Of Pivotal Earnings Week, Bitcoin's Rally Lifts Crypto Stocks: What's Driving Markets Monday?

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Monday.
Shares of NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose during Monday&#8217;s trading session.
A government-backed think tank in China has recommended that the country's data centers continue using high-performance chips from Nvidia, warning of the significant expenses involved in transitioning to domestic alternatives.
NVIDIA shares gained 2.9% to $138.71 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Longboard Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) shares jumped 51.2% to $58.83 after the company announced it will be acquired by Lundbeck.</li>
<li>Upstart Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) climbed 16.6% to $54.86 after Wedbush upgraded the stock from Underperform to Neutral and raised its price target from $10 to $45.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) gained 16.2% to $29.38 after the company announced the launch of its Truth+ TV streaming service.</li>
<li>IGM Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>) gained 16.1% to $17.41.</li>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) surged 14.8% to $1.8499 after the company announced was awarded a five-year $165.15 million contract from the U.S. Army for Global Force Information Management Production Services.</li>
<li>Sify Technologies Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) gained 12.6% to $3.8019. Sify Technologies announced the appointment of Ms. Padmaja Chunduru as Director on the Board.</li>
<li>BitFuFu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) climbed 12.6% to $4.47.</li>
<li>EyePoint Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYPT#NASDAQ">EYPT</a>) gained 10.7% to $9.78.</li>
<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) gained 10.6% to $9.98 after the company announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) rose 9.2% to $10.47 amid a rise in Bitcoin.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) gained 8.8% to $192.05 amid a rise in Bitcoin.</li>
<li>Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>) gained 8.8% to $21.18 after the company announced that the FDA approved enVista Envy. Also, a report suggested TPG and Blackstone teamed up to work on a joint bid.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) rose 8.1% to $26.96 after Berkshire Hathaway increased its stake in the company.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41314267/wells-fargo-to-rally-around-16-here-are-10-top-analyst-forecasts-for-monday">Wells Fargo To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Monday</a></li>
</ul>

News

Intraday Update

Markets

Movers

Trading Ideas

BBAI

BLCO

EYPT

FUFU

IGMS

LBPH

NVDA

SIFY

SIRI

NVIDIA, Trump Media & Technology, Bausch + Lomb, Sirius XM And Other Big Stocks Moving Higher On Monday

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$10.00</td>
<td>$37.4K</td>
<td>23.4K</td>
<td>84.6K</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$42.50</td>
<td>$94.3K</td>
<td>2.7K</td>
<td>5.9K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$70.00</td>
<td>$229.0K</td>
<td>53.1K</td>
<td>4.5K</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$50.00</td>
<td>$51.6K</td>
<td>1.9K</td>
<td>2.4K</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$40.00</td>
<td>$50.6K</td>
<td>1.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$49.3K</td>
<td>5.6K</td>
<td>778</td>
</tr>
<tr>
<td>FITB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$45.00</td>
<td>$59.4K</td>
<td>6</td>
<td>536</td>
</tr>
<tr>
<td>BX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$160.00</td>
<td>$58.0K</td>
<td>1.6K</td>
<td>363</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$75.00</td>
<td>$38.8K</td>
<td>2.2K</td>
<td>321</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$57.50</td>
<td>$27.4K</td>
<td>13.2K</td>
<td>264</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 18, 2024. Parties traded 1499 contract(s) at a $10.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $25.0 per contract. There were 23443 open contracts at this strike prior to today, and today 84644 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 80 contract(s) at a $42.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $94.3K, with a price of $1180.0 per contract. There were 2761 open contracts at this strike prior to today, and today 5976 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $70.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $229.0K, with a price of $229.0 per contract. There were 53185 open contracts at this strike prior to today, and today 4558 contract(s) were bought and sold. 
• Regarding UPST (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>), we observe a call option trade with bearish sentiment. It expires in 32 day(s) on November 15, 2024. Parties traded 52 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $51.6K, with a price of $993.0 per contract. There were 1954 open contracts at this strike prior to today, and today 2409 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 755 contract(s) at a $40.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $50.6K, with a price of $67.0 per contract. There were 1489 open contracts at this strike prior to today, and today 1023 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option sweep with neutral sentiment. It expires in 95 day(s) on January 17, 2025. Parties traded 18 contract(s) at a $200.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $2740.0 per contract. There were 5631 open contracts at this strike prior to today, and today 778 contract(s) were bought and sold. 
• Regarding FITB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on October 18, 2024. Parties traded 536 contract(s) at a $45.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $59.4K, with a price of $111.0 per contract. There were 6 open contracts at this strike prior to today, and today 536 contract(s) were bought and sold. 
• For BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we notice a call option sweep that happens to be bearish, expiring in 67 day(s) on December 20, 2024. This event was a transfer of 96 contract(s) at a $160.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $58.0K, with a price of $605.0 per contract. There were 1698 open contracts at this strike prior to today, and today 363 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on December 20, 2024. Parties traded 79 contract(s) at a $75.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $491.0 per contract. There were 2217 open contracts at this strike prior to today, and today 321 contract(s) were bought and sold. 
• Regarding WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we observe a call option sweep with bullish sentiment. It expires in 95 day(s) on January 17, 2025. Parties traded 40 contract(s) at a $57.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $688.0 per contract. There were 13282 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AFRM

FITB

HOOD

10 Financials Stocks With Whale Alerts In Today's Session

Financial giants have made a conspicuous bullish move on Coinbase Glb. Our analysis of options history for Coinbase Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) revealed 62 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $378,132, and 50 were calls, valued at $4,991,538.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $500.0 for Coinbase Glb during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Coinbase Glb's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Coinbase Glb's whale activity within a strike price range from $160.0 to $500.0 in the last 30 days. 
<h3>Coinbase Glb Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728917131_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$11.4</td>
<td>$11.0</td>
<td>$11.0</td>
<td>$190.00</td>
<td>$1.1M</td>
<td>697</td>
<td>5.3K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$6.35</td>
<td>$6.3</td>
<td>$6.34</td>
<td>$185.00</td>
<td>$203.2K</td>
<td>3.5K</td>
<td>3.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$82.0</td>
<td>$80.15</td>
<td>$82.0</td>
<td>$180.00</td>
<td>$188.6K</td>
<td>35</td>
<td>52</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$2.65</td>
<td>$2.55</td>
<td>$2.65</td>
<td>$200.00</td>
<td>$165.4K</td>
<td>23.7K</td>
<td>12.4K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$2.65</td>
<td>$2.59</td>
<td>$2.6</td>
<td>$200.00</td>
<td>$163.2K</td>
<td>23.7K</td>
<td>12.4K</td>
</tr>
</tbody>
</table>

<h3>About Coinbase Glb</h3>
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
Following our analysis of the options activities associated with Coinbase Glb, we pivot to a closer look at the company's own performance.
<h3>Current Position of Coinbase Glb</h3>
<ul>
<li>With a volume of 4,286,182, the price of COIN is up 6.24% at $187.39. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 16 days.</li>
</ul>
<h3>What The Experts Say On Coinbase Glb</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $247.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from JMP Securities lowers its rating to Market Outperform with a new price target of $320. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Coinbase Glb with a target price of $175. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Coinbase Glb with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Coinbase Glb

WIIM

BITF

HIVE

IREN

RIOT

Shares of crypto-linked stocks and miners are trading higher amid a rise in Bitcoin.

U.S. stocks could get off to a mixed start on Monday after the <a href="https://www.benzinga.com/news/earnings/24/10/41298806/wall-street-marks-new-record-highs-on-strong-start-to-earnings-season-investors-downplay-inflation-">averages posted weekly gains for a fifth straight week. </a>The bond market is closed on account of Columbus Day, <a href="https://www.benzinga.com/news/24/10/41309748/columbus-day-is-stock-market-open-today">which is a federal holiday</a>, but the stock market will trade during usual hours. The majority opinion among strategists hints at a potential pause in stock rally over the next couple of weeks before resuming in the final two months of the year.
That said, earning news flow will pick up momentum in the coming days, potentially cushioning any downside. Cumulative earnings of S&amp;P 500 companies are set to rise for a fifth straight quarter, FactSet said. This, though, would mark a slowdown from the 11.2% growth reported for the second quarter.
On Monday, traders could focus on a couple of Fed speeches and a consumer inflation expectations survey as well as the bond yield even as they look ahead to some key earnings reports over the week.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.35%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.23%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.06%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.36%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) added 0.19% to $580.68 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) moved up 0.33% to $495.07, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Week:
Despite the consumer price inflation data throwing investors off guard, the market had enough momentum to keep the rally going in the week ended Oct. 11. A rise in bond yields following some recent strong data and the Hurricane Milton threat also exerted downward pressure on the market, but a benign producer price inflation report and a good start to big bank earnings provided the offsetting impact.
The Dow Jones Industrial Average and the S&amp;P 500 Index ended at fresh intraday and closing highs, while the Nasdaq Composite slowly progressed toward its previous closing high of 18,509.34 hit on July 16.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td> Week&#8217;s Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.13%</td>
<td>18,342.94</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.11%</td>
<td>5,815.03</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+1.21%</td>
<td>42,863.86</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.98%</td>
<td>2,188.42</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Yardeni Research reiterated its call for the S&amp;P 500 to hit 8,000 by 2030 under its &#8220;Roaring 2020s&#8221; scenario. The index will be supported on its way higher by earnings rather than rising valuation multiples, the firm said. The comments came in the aftermath of the second anniversary of the bull market that began on Oct. 12, 2022.
The period was marked by widespread fears of a recession due to monetary policy tightening, the firm said. &#8220;Those fears lingered through October 4 of this year, when a stronger-than-expected employment report once again confirmed that the young bull correctly discounted that inflation would fall while the economy remained resilient,&#8221; it said.
Since Oct. 12, 2022, all the major stock market indices are up at least 20%, with the S&amp;P 500 up 62.6%, Yardeni Research said. The S&amp;P 500&#8217;s performance is par for the course compared to the previous eight bull markets, it added.
As the momentum remains firmly to the upside, Fund Strat Head of Research Tom Lee said his firm has advised clients to remain cautious but at the same time buy the dips. In an interview with CNBC on Friday, the strategist <a href="https://x.com/CNBCClosingBell/status/1844818752359075865">said </a>investors want to see who ends up president. &#8220;We are in a period where the market is sitting on the sidelines,&#8221; he said.
At the same time, 2024 has been such a strong year, he said, adding that the last two weeks have proved that macro is taking a step back now, and liquidity and cash on the sidelines are becoming the dominant factor, Lee said. &#8220;There is a lot of firepower supporting stocks post election,&#8221; he said. 
The Fed is dovish, the economy looks healthy, and therefore the three- and six-month outlook is very strong for stocks, he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data
This week&#8217;s economic calendar is dominated by Fed speeches, the September retail sales report and a few manufacturing and housing market data. The New York and Philadelphia Feds will release the results of their respective October manufacturing surveys and the Fed is due to announce its September industrial production data. Among the housing data due this week are the National Association of Home Builders housing market index for October and the Commerce Department&#8217;s housing starts report for September.
<ul>
<li>On Monday, Minneapolis Fed President Neel Kashkari will make public appearances at 9 am EDT and 5 pm EDT.</li>
<li>The New York Fed is due to release the results of its survey of consumer expectations for September at 11 a.m. EDT. In August, the one- and five-year ahead inflation expectations remained unchanged at 3% and 2.8%, respectively.</li>
<li>Federal Reserve Governor Christopher Waller&nbsp;is scheduled to speak at 3 p.m.</li>
</ul>
Stocks In Focus:
<ul>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) climbed 1.80% <a href="https://www.benzinga.com/premarket">in premarket trading</a> after Friday&#8217;s nearly 9% slump.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) climbed nearly 6% after Berkshire Hathaway, Inc. (NYSE; BRK-A) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) boosted its stake in the company.</li>
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) fell over 1.70% after the company announced the elimination of 10% of its workforce.</li>
<li>Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rally past $64K sent crypto-linked stocks such as MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) higher.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures tumbled in the early New York session, losing nearly 2.75% as traders turned jittery after the release of weak China data. Gold futures were little changed.
The 10-year Treasury note yield rose marginally to 4.096%.
Most major Asian markets ended higher on Monday, led by the Chinese market. The New Zealand and Hong Kong markets pulled back while the Japanese market was closed for a public holiday.
European stocks showed tentativeness and were mostly lower in early trading. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/24/10/41308384/mark-cuban-clashes-with-bill-ackman-after-billionaire-fund-manager-calls-kamala-harris-startup-tax-d">Mark Cuban Clashes With Bill Ackman After Billionaire Fund Manager Calls Kamala Harris&#8217; Startup Tax Deduction Proposal &#8216;Extremely Misleading:&#8217; &#8216;We Need To Get You Watching Shark Tank&#8217;</a></li>
</ul>
Image Via Shutterstock

Earnings

Futures

Previews

Federal Reserve

Pre-Market Outlook

MSTR

TSLA

Nasdaq, S&P 500 Futures Rise Solidly Ahead Of Q3 Earnings Season, Boeing Drags Dow: This Strategist Sees 'A Lot Of Firepower' Supporting Market After Election

CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) shares are moving higher on Friday amid a rise in the price of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
The Details: Bitcoin is currently trading 3.4% higher at about $62,400 per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>. Other crypto-linked stocks that are moving higher amid the rise in the price of Bitcoin include Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Riot Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>).
What Else: Earlier this week, CleanSpark announced that it achieved 30 EH/s in operational hashrate. The company plans to achieve 37 EH/s by the end of the year and 50 EH/s in 2025.
CEO of CleanSpark Zach Bradford said, &#8220;We have added more operational hashrate than any other miner in 2024.&#8221;
In addition, the company announced that it promoted Brian Carson to Chief Accounting Officer from Director of Financial Reporting.
How To Buy CleanSpark Stock
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
CLSKFor example, in Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>)'s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Related Link: <a href="https://www.benzinga.com/top-stories/24/10/41279865/elon-musk-may-unveil-teslas-robotaxi-but-consumers-respond-with-ehhh-new-study-reveals-skepticism-ne">Elon Musk May Unveil Tesla&#8217;s Robotaxi, But Consumers Respond With &#8216;Ehhh,&#8217; New Study Reveals Skepticism, Need For Trust-Building</a>
CLSK Price Action: At the time of writing, CleanSpark shares are trading 10.3% higher at $9.55, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Image via Shutterstock

What's Going On With CleanSpark Shares Friday

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$42.00</td>
<td>$211.4K</td>
<td>59.2K</td>
<td>14.0K</td>
</tr>
<tr>
<td>TIGR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$9.00</td>
<td>$30.1K</td>
<td>1</td>
<td>3.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$61.00</td>
<td>$34.5K</td>
<td>11</td>
<td>2.0K</td>
</tr>
<tr>
<td>DLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$8.00</td>
<td>$42.8K</td>
<td>1.8K</td>
<td>1.7K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$220.00</td>
<td>$32.0K</td>
<td>257</td>
<td>429</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$67.50</td>
<td>$210.0K</td>
<td>6.0K</td>
<td>428</td>
</tr>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$177.50</td>
<td>$31.8K</td>
<td>293</td>
<td>415</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$29.00</td>
<td>$27.7K</td>
<td>969</td>
<td>358</td>
</tr>
<tr>
<td>SYF</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$48.00</td>
<td>$31.0K</td>
<td>738</td>
<td>200</td>
</tr>
<tr>
<td>MS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$85.00</td>
<td>$29.2K</td>
<td>1.6K</td>
<td>82</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on October 18, 2024. Parties traded 2547 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $211.4K, with a price of $83.0 per contract. There were 59212 open contracts at this strike prior to today, and today 14021 contract(s) were bought and sold. 
• Regarding TIGR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>), we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on October 25, 2024. Parties traded 274 contract(s) at a $9.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $110.0 per contract. There were 1 open contracts at this strike prior to today, and today 3613 contract(s) were bought and sold. 
• Regarding WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we observe a put option trade with bearish sentiment. It expires in 7 day(s) on October 18, 2024. Parties traded 500 contract(s) at a $61.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $69.0 per contract. There were 11 open contracts at this strike prior to today, and today 2003 contract(s) were bought and sold. 
• Regarding DLO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>), we observe a call option sweep with bearish sentiment. It expires in 98 day(s) on January 17, 2025. Parties traded 209 contract(s) at a $8.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $205.0 per contract. There were 1814 open contracts at this strike prior to today, and today 1711 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bearish, expiring in 21 day(s) on November 1, 2024. This event was a transfer of 50 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $640.0 per contract. There were 257 open contracts at this strike prior to today, and today 429 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option trade that happens to be bullish, expiring in 252 day(s) on June 20, 2025. This event was a transfer of 400 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $210.0K, with a price of $525.0 per contract. There were 6000 open contracts at this strike prior to today, and today 428 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on October 18, 2024. Parties traded 50 contract(s) at a $177.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $638.0 per contract. There were 293 open contracts at this strike prior to today, and today 415 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on November 1, 2024. Parties traded 319 contract(s) at a $29.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $87.0 per contract. There were 969 open contracts at this strike prior to today, and today 358 contract(s) were bought and sold. 
• For SYF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>), we notice a call option trade that happens to be neutral, expiring in 35 day(s) on November 15, 2024. This event was a transfer of 50 contract(s) at a $48.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $620.0 per contract. There were 738 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we notice a call option sweep that happens to be bullish, expiring in 98 day(s) on January 17, 2025. This event was a transfer of 11 contract(s) at a $85.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $2655.0 per contract. There were 1619 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TIGR

Shares of miners and crypto-linked stocks are trading higher amid a rise in Bitcoin.

Coinbase Glb's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NYSE">COIN</a>) short percent of float has risen 28.01% since its last report. The company recently reported that it has 11.07 million shares sold short, which is 5.53% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Coinbase Glb Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728583226_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Coinbase Glb has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Coinbase Glb's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Coinbase Glb's peer group average for short interest as a percentage of float is 2.66%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Coinbase Glb's Recent Short Interest

JMP Securities analyst Devin Ryan reiterates Coinbase Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) with a Market Outperform and maintains $320 price target.

Price Target

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Outperform on Coinbase Glb, Maintains $320 Price Target

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TIGR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$9.00</td>
<td>$39.2K</td>
<td>6.5K</td>
<td>7.5K</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$25.00</td>
<td>$25.5K</td>
<td>479</td>
<td>1.1K</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.00</td>
<td>$36.3K</td>
<td>62.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>FUTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$108.00</td>
<td>$31.0K</td>
<td>671</td>
<td>759</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$185.00</td>
<td>$35.0K</td>
<td>1.1K</td>
<td>539</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$580.00</td>
<td>$37.2K</td>
<td>3.1K</td>
<td>226</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$20.00</td>
<td>$33.0K</td>
<td>270</td>
<td>101</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$80.00</td>
<td>$61.4K</td>
<td>6.3K</td>
<td>98</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$67.50</td>
<td>$45.2K</td>
<td>3</td>
<td>50</td>
</tr>
<tr>
<td>PGR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$245.00</td>
<td>$29.2K</td>
<td>2</td>
<td>39</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TIGR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on October 18, 2024. Parties traded 500 contract(s) at a $9.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $79.0 per contract. There were 6539 open contracts at this strike prior to today, and today 7560 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option trade that happens to be bullish, expiring in 30 day(s) on November 8, 2024. This event was a transfer of 115 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $222.0 per contract. There were 479 open contracts at this strike prior to today, and today 1169 contract(s) were bought and sold. 
• For SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we notice a call option trade that happens to be bullish, expiring in 100 day(s) on January 17, 2025. This event was a transfer of 181 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $36.3K, with a price of $201.0 per contract. There were 62887 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold. 
• For FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on October 11, 2024. This event was a transfer of 155 contract(s) at a $108.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $200.0 per contract. There were 671 open contracts at this strike prior to today, and today 759 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bullish sentiment. It expires in 16 day(s) on October 25, 2024. Parties traded 100 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $350.0 per contract. There were 1143 open contracts at this strike prior to today, and today 539 contract(s) were bought and sold. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option trade that happens to be bullish, expiring in 37 day(s) on November 15, 2024. This event was a transfer of 200 contract(s) at a $580.00 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $186.0 per contract. There were 3149 open contracts at this strike prior to today, and today 226 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option trade that happens to be bullish, expiring in 72 day(s) on December 20, 2024. This event was a transfer of 14 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $2360.0 per contract. There were 270 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option trade with bearish sentiment. It expires in 163 day(s) on March 21, 2025. Parties traded 63 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $61.4K, with a price of $975.0 per contract. There were 6350 open contracts at this strike prior to today, and today 98 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bullish sentiment. It expires in 828 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $67.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.2K, with a price of $905.0 per contract. There were 3 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• Regarding PGR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>), we observe a put option sweep with bearish sentiment. It expires in 219 day(s) on May 16, 2025. Parties traded 19 contract(s) at a $245.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $1540.0 per contract. There were 2 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FUTU

PYPL

Cathie Wood&#8217;s Ark Invest made significant trades in Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), and Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
The Amazon Trade: Ark Invest purchased 76,505 shares of Amazon, despite recent concerns about the company&#8217;s growth trajectory. The trade was executed through its flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>).
This move came after <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41234873/amazon-stock-downgrade-by-wells-fargo-a-bearish-signal-on-growth-concerns">Wells Fargo downgraded</a> Amazon from Overweight to Equal-Weight, citing slowing growth and stiffer competition. The value of this trade, based on the closing price of $182.72, is approximately $13.98 million.
Amazon shares dropped Monday after Wells Fargo downgraded the stock, citing slowing growth and competition. The sell-off was <a href="https://www.benzinga.com/news/24/10/41216248/amazon-stock-is-sliding-monday-whats-going-on">also fueled</a> by a federal judge&#8217;s ruling allowing the FTC&#8217;s antitrust lawsuit against Amazon to proceed.
The Robinhood Trade: Ark Invest sold a total of 1,421,431 shares of Robinhood across three of its ETFs i.e. ARK Innovation ETF, ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) and Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). This decision came despite Robinhood&#8217;s recent announcement of its first investor day and the introduction of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41236863/robinhood-eyes-major-growth-with-new-trading-features-while-coinbase-rides-crypto-s">new trading features</a>. The value of this trade, based on the closing price of $25.61, is approximately $36.4 million.
The Coinbase Trade: Ark Invest bought 12,994 shares of Coinbase through its ARKF ETF. This move aligns with the recent surge in Coinbase shares following the company&#8217;s announcement to <a href="https://www.benzinga.com/news/24/10/41191796/why-coinbase-global-shares-are-trading-higher-today">adjust its service offerings</a> in response to new European regulatory requirements. The value of this trade, based on the closing price of $167.69, is approximately $2.18 million.
See Also: <a href="https://www.benzinga.com/news/24/10/41208397/this-alibaba-analyst-turns-bullish-here-are-top-5-upgrades-for-monday?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">This Alibaba Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday</a> 
Other Key Trades:
<ul>
<li>Ark purchased 2,365 shares of Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) through its ARKW ETF. The Meta trade was valued at $1.4 million. On Tuesday, Meta shares closed 1.4% higher at $592.89.</li>
<li>Ark Invest sold shares of Veeva Systems Inc (VEEV) and shares of Vertex Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) through its ARKG ETF. It bought shares of Recursion Pharmaceuticals Inc (RXRX) and shares of 10X Genomics Inc (TXG). </li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41221351/elon-musks-theory-gains-ground-polymarket-odds-soar-for-nick-szabo-being-named-bitcoin-cre?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Theory Gains Ground? Polymarket Odds Soar For Nick Szabo Being Named Bitcoin Creator Satoshi Nakamoto In HBO Documentary</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

AMZN

ARKF

ARKK

ARKW

VRTX

Cathie Wood's Ark Invest Trades: Bets $14M On Amazon Shares — Dumps Robinhood Stock Worth $36M, Embraces Coinbase And Meta

Piper Sandler analyst Patrick Moley said the volatile trading environment drives third-quarter outperformance for exchange and trading companies, leading to a strong backdrop for retail brokers.
Moley maintained Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with an Overweight rating and a <a target="_blank" href="https://www.benzinga.com/quote/HOOD/analyst-ratings" rel="noreferrer noopener">$27&nbsp;price target</a>.
Despite Net Interest Income headwinds from the lower rate environment, Moley noted several distinctive near-term opportunities for Robinhood Markets that should help drive continued earnings growth.
On October 16, Robinhood Markets is hosting an active trader summit in Miami, Florida. The analyst expects the company to introduce its new web-based trading platform and reveal a launch date for the roll-out of index options and futures trading to its 24 million customers.
He expects these new products to increase trading velocity among Robinhood Markets&#8217; existing customer base and index options and futures trading to be priced lower than competitor platforms. Moley noted that this should drive market share gains for Robinhood Markets in the high Average Revenue Per User (ARPU), web-based active trader segment that accounts for nearly 50% of the retail market where Robinhood Markets has zero exposure today.
Moley expects the fiscal third quarter of 2024 to be the second strongest quarter in Robinhood Markets&#8217; history in terms of both revenues and adjusted EBITDA. The analyst expects total revenues to increase 43% year-on-year (&lt;1% Q/Q), driven by Y/Y increases across all major revenue lines.
Within transaction-based revenues, he expects Robinhood Markets&#8217; crypto trading revenue to increase by 184% Y/Y (-19% Q/Q), driven by continued substantial trading volumes and net deposit growth.
Moley expects higher rates for most of the quarter and higher customer balances to push a 20% Y/Y (+6% Q/Q) increase in NII. The analyst&#8217;s adjusted EPS estimate of $0.17 in the third quarter would represent the second-highest quarterly EPS for Robinhood Markets since the fiscal second quarter of 2020.
Moley reiterated a Neutral rating on Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) <a target="_blank" href="https://www.benzinga.com/quote/coin/analyst-ratings" rel="noreferrer noopener">with a price target of&nbsp;$245.</a>
The analyst expects total revenues to increase by 88% Y/Y (-12% Q/Q) to $1.27 billion in the third quarter. The Y/Y increase is driven by a combination of higher volumes driving higher Transaction revenues, higher crypto prices driving higher blockchain reward revenues, and higher interest rates &amp; higher USDC market cap driving higher NII.
Moley expects transaction revenues in the third quarter to increase 118% Y/Y (-19% Q/Q) as a ~158% Y/Y increase in trading volumes is only modestly offset by an estimated ~2.5bp decrease in the blended fee capture.
The analyst forecasted an adjusted EBITDA of $782 million in the third quarter, up from $596 million in the second quarter.
Price Actions: HOOD stock is up 8.25% at $25.25 at last check Tuesday. COIN is down 1.72% at $166.02.
Image via Shutterstock

Robinhood Eyes Major Growth With New Trading Features, While Coinbase Rides Crypto Surge: Analyst

Crypto.com announced that it has initiated legal proceedings against the SEC, following the receipt of a Wells notice from <a href="https://www.benzinga.com/topic/securities-and-exchange-commission-sec">the regulatory body</a>. 
What Happened: The provider of crypto financial services received a Wells notice from the SEC, indicating that the regulatory body was considering enforcement action.
The company <a href="https://crypto.com/company-news/complaint">contends</a> that the SEC has exceeded its jurisdiction, imposing unauthorized and unfair regulations that are adversely affecting the operations of legitimate, licensed crypto businesses in the U.S.
The lawsuit accuses the SEC of establishing an illegal rule that classifies almost all crypto asset trades as securities transactions, irrespective of their nature. This, according to Crypto.com, contradicts the treatment of similar transactions in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>).
Alongside the lawsuit, Crypto.com submitted a petition to the Commodity Futures Trading Commission (CFTC) and the SEC, seeking confirmation that certain cryptocurrency derivative products fall solely under the CFTC&#8217;s regulation.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41134673/gary-gensler-led-sec-scores-a-win-over-crypto-firm-accused-of-securities-law-violation">Gary Gensler-Led SEC Scores A Win Over Crypto Firm Accused Of Securities Law Violation</a>
Why It Matters: This lawsuit comes at a critical juncture for the crypto industry, as regulatory scrutiny intensifies. The SEC&#8217;s approach to crypto assets has been a point of contention, with many in the industry arguing that the regulatory body&#8217;s actions are stifling innovation.
The agency finds itself <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36657806/coinbase-takes-on-sec-in-court-a-turning-point-for-crypto">in lawsuits</a> against Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40857265/kraken-pushes-back-against-sec-lawsuit-demands-jury-trial">Kraken</a> and <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40876874/sec-moves-to-amend-binance-lawsuit-reinforcing-claims-of-unregistered-securities-sales">Binance</a>. Its enforcement action have been <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40668500/scaramucci-and-mark-cuban-speak-out-against-secs-crypto-scrutiny-market-dip-triggers-liqui">widely criticized</a>, by billionaire entrepreneur Mark Cuban and former White House Communications Director Anthony Scaramucci among others.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41171878/franklin-templeton-seeks-sec-approval-for-dual-bitcoin-ethereum-index-etf">Franklin Templeton Seeks SEC Approval For Dual Bitcoin, Ethereum Index ETF</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

Crypto.Com Takes On SEC In Legal Battle After Receiving Wells Notice

Investors with a lot of money to spend have taken a bearish stance on Coinbase Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COIN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 28 options trades for Coinbase Glb.
This isn't normal.
The overall sentiment of these big-money traders is split between 39% bullish and 50%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $41,300, and 27, calls, for a total amount of $3,362,100.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $210.0 for Coinbase Glb during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Coinbase Glb stands at 2332.67, with a total volume reaching 8,627.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Coinbase Glb, situated within the strike price corridor from $150.0 to $210.0, throughout the last 30 days.
<h3>Coinbase Glb Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728396959_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$50.6</td>
<td>$49.1</td>
<td>$50.5</td>
<td>$150.00</td>
<td>$1.5M</td>
<td>648</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$51.2</td>
<td>$50.2</td>
<td>$51.0</td>
<td>$150.00</td>
<td>$204.0K</td>
<td>648</td>
<td style="text-align: right;">902</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$51.2</td>
<td>$51.0</td>
<td>$51.0</td>
<td>$150.00</td>
<td>$163.2K</td>
<td>648</td>
<td style="text-align: right;">822</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$39.45</td>
<td>$38.85</td>
<td>$39.45</td>
<td>$160.00</td>
<td>$138.0K</td>
<td>2.2K</td>
<td style="text-align: right;">615</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$40.05</td>
<td>$39.9</td>
<td>$39.9</td>
<td>$160.00</td>
<td>$135.6K</td>
<td>2.2K</td>
<td style="text-align: right;">545</td>
</tr>
</tbody>
</table>

<h3>About Coinbase Glb</h3>
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
After a thorough review of the options trading surrounding Coinbase Glb, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Coinbase Glb</h3>
<ul>
<li>With a trading volume of 1,021,364, the price of COIN is up by 0.07%, reaching $169.04.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 23 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Coinbase Glb</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $175.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Coinbase Glb, targeting a price of $175. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Coinbase Glb, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With COIN

Barclays analyst Benjamin Budish maintains Coinbase Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) with a Equal-Weight and raises the price target from $169 to $175.

Barclays Maintains Equal-Weight on Coinbase Glb, Raises Price Target to $175

Investors with a lot of money to spend have taken a bearish stance on Coinbase Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COIN, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 98 uncommon options trades for Coinbase Glb.
This isn't normal.
The overall sentiment of these big-money traders is split between 43% bullish and 47%, bearish.
Out of all of the special options we uncovered, 17 are puts, for a total amount of $1,448,006, and 81 are calls, for a total amount of $6,952,867.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $2.5 and $500.0 for Coinbase Glb, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Coinbase Glb's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Coinbase Glb's substantial trades, within a strike price spectrum from $2.5 to $500.0 over the preceding 30 days.
<h3>Coinbase Glb 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728320438_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$130.5</td>
<td>$129.55</td>
<td>$130.0</td>
<td>$300.00</td>
<td>$624.0K</td>
<td style="text-align: right;">51</td>
<td>0</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$170.65</td>
<td>$167.0</td>
<td>$168.97</td>
<td>$2.50</td>
<td>$507.1K</td>
<td style="text-align: right;">81</td>
<td>85</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$173.5</td>
<td>$169.5</td>
<td>$171.53</td>
<td>$2.50</td>
<td>$171.5K</td>
<td style="text-align: right;">81</td>
<td>35</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$40.25</td>
<td>$39.8</td>
<td>$40.2</td>
<td>$160.00</td>
<td>$140.7K</td>
<td style="text-align: right;">580</td>
<td>1.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$40.1</td>
<td>$40.05</td>
<td>$40.05</td>
<td>$160.00</td>
<td>$140.1K</td>
<td style="text-align: right;">580</td>
<td>930</td>
</tr>
</tbody>
</table>

<h3>About Coinbase Glb</h3>
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
After a thorough review of the options trading surrounding Coinbase Glb, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Coinbase Glb</h3>
<ul>
<li>With a volume of 4,232,589, the price of COIN is up 0.12% at $171.12. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 24 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Coinbase Glb options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Coinbase Glb: Analyzing the Surge in Options Activity

American rap legend Nasir Jones, known professionally as Nas, has been one of the early adopters of cryptocurrency and even used his art to market the industry to the masses.
What happened: On Apr. 30, 2021, a track titled "Sorry Not Sorry" was dropped, featuring Nas along with DJ Khaled, Jay-Z, James Fauntleroy, and Beyoncé.&nbsp;
The song showed Nas rapping the lines, "I'm coin-based, basically crypto-currency scarface. Join us, there's gotta be more of us," in what was a clear reference to his stakes in Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)—the cryptocurrency exchange that went public just two weeks before.
Nas <a href="https://www.benzinga.com/news/21/07/22231542/investing-in-coinbase-robinhood-early-is-nas-the-best-rapper-turned-investor">invested in the company through his venture capital firm</a> QueensBridge Venture Partners in 2013, a year after the trading platform was launched.&nbsp;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="DJ Khaled ft. Nas, JAY-Z &amp; James Fauntleroy and Harmonies by The Hive - SORRY NOT SORRY" width="500" height="281" src="https://www.youtube.com/embed/mON6_EQfQFI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Since its direct listing, the stock has been closely tied to the price movement of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), the world's biggest cryptocurrency.&nbsp;
An investment of $1000 in Bitcoin when the track was released on Apr. 30, 2021, would have fetched 0.017351 units of the cryptocurrency.
Today, one BTC is valued at $63,659.60, meaning that the total value of the stash would be worth $1102.32 today, reflecting a 10.2% increase.&nbsp;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41199931/shiba-inus-shytoshi-kusama-calls-this-nation-crypto-capital-after-it-makes-digital-asset-t">Shiba Inu&#8217;s Shytoshi Kusama Calls This Nation &#8216;Crypto Capital&#8217; After It Makes Digital Asset Transactions Tax Free</a>
Why It Matters: Nas has been a<a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40097076/if-you-invested-1000-in-bitcoin-when-legendary-rapper-nas-said-it-will-be-bigger-than-the-"> visionary Bitcoiner</a> and once famously said,"&nbsp; &#8220;Bitcoin will evolve into an industry as big, if not bigger, than the internet.&#8221;
The hip-hop star, whose albums like &#8220;Illmatic&#8221; have been chartbusters, purportedly bought the apex cryptocurrency when it was valued at $500, and continues to hold on to his stash, according to well-known Bitcoin journalist Pete Rizzo.
Apart from Nas, Grammy award-winning rapper Eminem <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40685346/if-you-invested-1000-in-bitcoin-when-eminem-mentioned-the-crypto-in-best-selling-album-kam">referenced Bitcoin</a> in the song &#8220;Not Alike&#8221; from the best-selling album &#8220;Kamikaze."
Price Action: At the time of writing, Bitcoin was exchanging hands at $63,684.21, up 2.76% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Shares of Coinbase closed 4.79% higher during Friday's session, mirroring <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41190083/us-labor-market-posts-strong-data-what-it-means-for-bitcoin">the apex cryptocurrency's rise</a> on the day.
Photo Courtesy: Jamie Lamor Thompson On Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41200679/len-sassaman-is-bitcoin-creator-satoshi-nakamoto-in-hbo-documentary-polymarket-punters-see">Len Sassaman Is Bitcoin Creator Satoshi Nakamoto In HBO Documentary? Polymarket Punters See High Probability</a></li>
</ul>

Entertainment

If You Invested $1000 in Bitcoin When Rap Legend Nas Sang That He Was 'Coin-Based, Basically Crypto-Currency Scarface,' Here's How Much You'd Have Today

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) stock tumbled 24.89% after the company updated investors on the decline in Stars&#8217; performance for 2025 and how it <a href="https://www.benzinga.com//node/41140319" target="_blank" rel="noreferrer noopener">will impact quality bonus payments in 2026</a>. Several analysts lowered <a href="https://www.benzinga.com/quote/hum/analyst-ratings" target="_blank" rel="noreferrer noopener">the stock&#8217;s price forecast</a>.</li>
<li>Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) stock fell 17.06% last week after Chrysler Parent&#8217;s U.S. sales nosedived 20% <a href="https://www.benzinga.com//node/41147560" target="_blank" rel="noreferrer noopener">in the third quarter</a>. <a href="https://www.benzinga.com//node/41190669" target="_blank" rel="noreferrer noopener">Several</a> analysts <a href="https://www.benzinga.com/quote/stla/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded the stock</a>.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) shares dipped 10.63%. The company announced it will restrict services tied to Stablecoins that do not <a href="https://www.benzinga.com//node/41171878" target="_blank" rel="noreferrer noopener">meet MICA European regulations</a>.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares were down 10.15%.</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) shares fell 10% last week after the company <a href="https://www.benzinga.com//node/41182921" target="_blank" rel="noreferrer noopener">lowered its annual production</a> guidance due to a supply shortage of shared components on the R1 and RCV platforms.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLSR#NASDAQ">FLSR</a>) stock lost 9.63% last week.</li>
<li>ConAgra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) stock declined 9.12% after the company reported <a href="https://www.benzinga.com//node/41140181" target="_blank" rel="noreferrer noopener">worse-than-expected Q1 financial results</a>.</li>
<li>Floor &amp; Decor Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) stock declined 8.81% last week.</li>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares plummeted 8.59%. The company announced the completion of enrollment in its Phase III <a href="https://www.benzinga.com//node/41174110" target="_blank" rel="noreferrer noopener">HARMONi trial in 2L+ EGFRm NSCLC</a>.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) stock fell 8.44%. The company <a href="https://www.benzinga.com//node/41169029" target="_blank" rel="noreferrer noopener">reached a stipulation</a> in its ongoing patent infringement litigation with Alnylam Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>).</li>
<li>Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) stock fell 8.04% after multiple firms cut their respective price targets <a href="https://www.benzinga.com//node/41147332" target="_blank" rel="noreferrer noopener">following a first-quarter revenue miss</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41198527/us-listed-chinese-stocks-dominate-another-week-li-auto-jd-com-among-top-10-large-cap-gainers-last-we" target="_blank" rel="noreferrer noopener">US Listed Chinese Stocks Dominate Another Week &#8211; Li Auto, JD.com Among Top 10 Large Cap Gainers Last Week (Sept 30-Oct 4): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by rafapress via Shutterstock

ALNY

FLSR

MBLY

MRNA

RIVN

SMMT

STLA

Coinbase, Nike And Moderna Are Among Top 11 Large Cap Losers Last Week (Sept 30-Oct 4): Are The Others In Your Portfolio?

Navigating Short-Term Swings: Why HIVE Digital Is An Attractive Long-Term Play

In a report released today, Benjamin Budish from Barclays maintained a Hold rating on Coinbase Global (COIN – Research Report), with a price target...

Barclays Remains a Hold on Coinbase Global (COIN)

In a report released today, Patrick Moley from Piper Sandler maintained a Hold rating on Coinbase Global (COIN – Research Report), with a price tar...

Piper Sandler Remains a Hold on Coinbase Global (COIN)

Ace hedge fund manager Cathie Wood's ARK Invest ETFs (exchange-traded funds) offloaded shares of Robinhood Markets ($HOOD), while snapping up Amazo...

Cathie Wood's ARK ETFs Offload Robinhood Shares and Snap up Amazon, Coinbase Stocks

Single stock options liquidity is still extremely elevated for mega-caps vs. rest of market

Bitcoin bounces back after short-lived dip as Mt. Gox delays repayment deadline

Since adopting the 'Bitcoin Standard,' MicroStrategy has morphed from a software firm to a leveraged Bitcoin proxy. As such, to understand where the stock is going, one must first understand where Bitcoin is going.

MicroStrategy Breaks Out: Time To Buy The Bitcoin Proxy?

CONY: Tempting Yields, But Buyer Beware

Biggest stock movers Monday: BA, SOFI, SIRI, and more

Bitcoin spikes to over $65K after China's weekend stimulus announcement

AAPL

ARKB

AVGO

BABA

BIDU

BKKT

BTCW

CONY

COST

CRWD

FBTC

GOOGL

GREE

IBIT

MSFT

MSTF

NFLX

RILY

SMCI

XPEV

Press Releases

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Coinbase Global, Inc. - COIN

Coinbase Announces Date of Third Quarter 2024 Financial Results

Ripple Launches Crypto Custody Service For Banks

Legal

DEADLINE ALERT for COIN, NFE, DPZ: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

DEADLINE ALERT for WBTN, GTLB, ALLR, and COIN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

COIN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Coinbase Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

COIN INVESTOR ALERT: Kirby McInerney LLP Notifies Coinbase Global, Inc. Investors of Upcoming Deadline in Class Action Lawsuit

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – COIN

COINBASE GLOBAL, INC. (NASDAQ: COIN) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Coinbase Global, Inc. Investors of Upcoming Deadline

COIN Investors Have Opportunity to Lead Coinbase Global, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

$XRP

ALLR

GTLB

WBTN

AGM Group Holdings Inc. - Class A Ordinary Shares

AGM Gr Hldgs

Bakkt Holdings, Inc. Class A Common Stock

Bakkt Hldgs

CME Gr

Donnelley Financial Solutions, Inc. Common Stock

Donnelley Financial Solns

FactSet Research Systems Inc. Common Stock

FactSet Research Systems

Intercontinental Exchange Inc. Common Stock

Intercontinental Exchange

Open Lending

Moodys

Marketwise

MarketAxess Holdings, Inc. - Common Stock

MarketAxess Holdings

Morningstar

MSCI

Nasdaq

Powell Max Limited - Class A Ordinary Shares

Powell Max

Comments

Coinbase Glb

Intérêt court

Coinbase Glb (NASDAQ:COIN) Stock, Rapport sur les intérêts à découvert

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL