Coinbase Options See Sustained Trading Volume, Open Interest Reaches $1.09 Million

Coinbase (COIN.US) saw significant options trading on July 27th ET, with a total of 69,386 contracts traded. This includes put and call options, with put options accounting for 36.32% of the total transactions and call options making up the remaining 63.68%. The open interest in Coinbase's options positions totaled approximately 1.09 million contracts by the close of trading on July 27th.

The data shows that the most active option contract for Coinbase (COIN.US) had a volume of 4,266 and closed at $1.72. This activity is reflective of market views on the future price of the underlying asset. The ratio of current open interest to 30-day average open interest was 95.2%, indicating that options positions have not been closed.