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COIN

Coinbase Global, Inc.Close $193.56EOD only
Max Pain
$192.50
Next expiry May 22, 2026
Expected Move
±$5.59
2.9% from close
Price Gap
-1.06
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.75
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 21, 2026 close
End-of-day snapshot

This page reflects COIN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 21, 2026 close
COIN AI Consensus Report
Analysis based on market close April 6, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from April 6, 2026. A newer ai consensus report is available for May 21, 2026.

View latest report
Conviction
5.0

out of 10

5 not higher because the mixed signals from flow and high IV reduce confidence in a clear directional move, and earnings event risk adds uncertainty that could disrupt the pinning thesis.

Where Perspectives Agree

Strong pinning forces around $170-$180 due to positive GEX and spot above max pain, creating a neutral range-bound environment despite high volatility and mixed institutional flow.

Where They Diverge

Directional perspective sees a slight bearish tilt with institutional selling pressure, while earnings perspective's high IV and gamma pinning suggest a neutral to bullish hold, creating tension between bearish flow signals and supportive gamma dynamics.

Top Trade
via theta

Sell $170/$165 put spread 4/24 for credit — defined risk, profits from pin holding above $170, expires pre-earnings.

Key Risk

Break below $170 flips gamma long, removing pinning support and accelerating downside toward $165, invalidating the neutral range thesis.

How to Use These Reports
This ai consensus reflects the market close on April 6, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.