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Coinbase call volume above normal and directionally bullish

Coinbase call volume above normal and directionally bullish

Bullish option flow detected in Coinbase with 60,815 calls trading, 2x expected, and implied vol increasing over 2 points to 64.68%. 9/27 weekly 175 calls and 9/27 weekly 180 calls are the most active options, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 0.22. Earnings are expected on October 31st.

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