Since the cryptocurrency exchange platform Coinbase Global (COIN) went public in April 2021, its shares have dropped more than 20 percent. Some traders look to the stock as a sort of derivative of Bitcoin future (/BTC), which have also fallen from April highs. Scott Bauer places an example options trade in COIN. He sells a put spread and a call spread, also known as an iron condor, that expires next week in order to take advantage of the decaying value (theta) expected going into a long weekend.
01 Jul 2021
Next Gen Investing
27 Jun 2022
Market On Close
09 May 2022
Trading 360
13 Jun 2022
Morning Trade Live
10 May 2022
Next Gen Investing
13 Jun 2022
Market On Close
10 May 2022