Coinbase Options Trading Surges to 294,000 Contracts on September 15th
Coinbase (COIN.US) saw significant options trading activity on September 15th ET, with a total of 293.8K contracts traded for the day.
Of these transactions, put options accounted for 52.33%, while call options made up 47.67%.
The open interest in COIN.US, indicating options positions that have not been closed, totaled approximately 1.15 million contracts by the close of trading, representing a whopping 99.97% of the average of the past 30 trading days.