Significant Options Trading on Wednesday: CASY, COIN, IRDM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
Should l Buy COIN?
Source: NASDAQ.COM
Coinbase Options Trading: Coinbase Global Inc (COIN) experienced a significant options trading volume of 73,422 contracts, equating to about 7.3 million underlying shares, which is 73.3% of its average daily trading volume over the past month.
High Volume Call Option: The $290 strike call option for COIN, expiring on December 12, 2025, saw particularly high activity with 3,960 contracts traded, representing approximately 396,000 underlying shares.
Iridium Communications Options Trading: Iridium Communications Inc (IRDM) recorded an options trading volume of 13,327 contracts today, which corresponds to around 1.3 million underlying shares, or 69.8% of its average daily trading volume.
Notable Call Option for IRDM: The $20 strike call option for IRDM, expiring on January 16, 2026, had a notable volume of 9,063 contracts traded, representing approximately 906,300 underlying shares.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 141.090
Low
230.00
Averages
361.63
High
440.00
Current: 141.090
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the cryptoeconomy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Utility vs. Valuation Pressure: While Ripple has successfully integrated XRP into its payment network and challenged SWIFT, the focus on its real-world utility diminishes during economic uncertainty, increasing valuation pressure that could further impact its market share.
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- Liquidity Rotation Impact: As investment interest in the artificial intelligence sector rises, many investors are opting to shift funds from volatile cryptocurrencies to the multi-trillion dollar AI infrastructure supercycle, adversely affecting major crypto assets like Bitcoin and Ethereum.
- Macroeconomic Uncertainty: Rising geopolitical tensions and uncertainties surrounding Federal Reserve monetary policy are exacerbating the challenges for cryptocurrency investors, prompting a flight to safe-haven assets like gold, which further amplifies selling pressure in the crypto market.
- XRP Future Outlook: Analysts predict that if XRP's price continues to decline, it could fall to $1 or lower by the end of 2026, suggesting that investors should treat it as a utility or infrastructure investment rather than a speculative asset to navigate market volatility.
See More
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- Delivery Outlook: Tri Pointe expects to deliver between 1,200 and 1,400 homes in Q4, demonstrating stable delivery capabilities in the current market environment, which enhances its attractiveness to investors.
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