Coinbase Options Trading Surges to 63,738 Contracts Traded

On September 29th, Coinbase (COIN.US) experienced significant options trading activity. A total of 63,738 contracts were traded, with put options making up 36.34% and call options accounting for 63.66% of the transactions.

The open interest, which indicates options positions that have not been closed, reached approximately 1.01 million contracts by the end of the day. This represents a substantial increase from the average open interest over the past 30 trading days.

One notable transaction involved a put option with a strike price of $180.00 expiring on October 2nd, 2026. It traded 1,500 contracts and ranked first among unusual options trades for the day, reflecting a turnover of $239.94K.