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Mark R. Hake, CFA

YOU WONT BELIEVE: Coinbase stock shows large unusual stock options activity today - What They Never Told You

COIN Coinbase Barchart

Coinbase Global (COIN) stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26.

This is likely due to a huge surge in Bitcoin (^BTCUSD) along with other cryptocurrencies during December. Investors are anticipating and hoping that the SEC will approve trading in ETFs made up of spot-traded (not futures-traded) cryptos.

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