Coinbase Options Trading Surges to New Highs on August 12th

Coinbase's options market saw significant activity on August 12th, with a total of 61,648 contracts traded. This includes 36.85% put options and 63.15% call options.

The open interest, which represents positions that have not been closed, reached approximately 1.1 million contracts by the end of the day.

A notable trade on August 12th was a call option with a strike price of $165.00 expiring on November 20th, 2026, which traded 1,400 contracts and accounted for $2.14 million in turnover.