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Barchart
Barchart
Mark R. Hake, CFA

RARE PHOTOS: Coinbase has heavy options trading as bitcoin falls unusual call option activity | Rare Historical Photos

Coinbase Global, Inc. (COIN) stock has hit a bump in the road as Bitcoin is on a downturn. That has led to very unusual call options activity in COIN stock, according to a Barchart report. Is this a buying opportunity?

COIN is at $303.12 in midday trading on Wednesday, Aug. 20, down slightly, but off over 27% from its recent peak of $419.78 on July 18. That was before its recent Q2 earnings release on July 31.

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