Coinbase Options Trading Volume Spikes to 118,410 Contracts on September 24th ET

Coinbase options trading saw significant activity on September 24th ET. With a total of 118,410 contracts traded for the day, put options accounted for 33.5% of the transactions and call options made up 66.5%. The open interest in these options positions stood at around 1.06 million contracts by the end of the trading day.

This represents a substantial increase from the average of the past 30 trading days, with the current level being 91.59% higher than usual. Additionally, one specific option contract reached a volume of 11,124 and closed at $0.52.