Trade of the Week: COIN

Cryptocurrency, Options, Videos

Last week, we saw quite a bit of options action in Coinbase (COIN). The company runs a popular exchange for trading cryptocurrencies and has recently had an IPO. On a day when the stock was up about 7%, 68% of the options volume was in calls. When significantly more calls than puts trade, it tends to be a bullish indicator. One of the larger trades of the day was a short put spread that reaches max gain as long as the stock remains above $250 by July 16th expiration.

5 Days to $500 Challenge

Video of Tim Plaehn. Click to Play

I’m about to do something no one dares do in the financial space.

I will show you live, on-camera how to generate a quick $500 in 5 days. No tricks. No gimmicks. And it’s a strategy you can use again and again for life. It all starts later this month. Take a look on how to grab a seat to this incredible Challenge. Click here for details right now