COIN options strategies, priced on the real chain
$146.26Coinbase Global, Inc. Class A Common Stock · chain snapshot captured Aug 1, 2026
A crypto proxy with equity-market hours. IV in the 60s–90s is routine, the chain is liquid enough for spreads, and the overnight gap risk is real because the underlying asset trades while the options market is closed.
Every page below prices its structure against the August 28, 2026 expiry — 73% at-the-money implied vol, #3 of the 20 underlyings on this site. What moves COIN: bitcoin's tape, exchange-volume datapoints, and regulatory headlines.
10 strategies on COIN
One contract (or one 100-share lot) per structure, at-the-money template strikes on the August 28, 2026expiry. Breakevens and probability of profit come from OptionTracker’s engine.
Start here
- COIN covered callSell upside on shares you already own and get paid for the cap. · breakeven $140.82 (−3.7%)
- COIN cash-secured putGet paid to place a limit order below the market. · breakeven $129.5 (−11.5%)
- COIN iron condorSell a range, buy the wings, collect if the stock stays put. · breakeven $118.78 (−18.8%)
- COIN bull call spreadBuy a call, sell a higher one — cheaper upside with a ceiling. · breakeven $149.64 (+2.3%)
- COIN bull put spreadSell a put spread below the market: credit now, defined risk. · breakeven $131.98 (−9.8%)
- COIN long straddleBuy the call and the put — pay for a move in either direction. · breakeven $126.15 (−13.7%)
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