▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
H.C. Wainwright gave a double downgrade to Coinbase (COIN) over its ballooning valuation from a staggering run higher. However, as Sam Vadas notes, the firm sees Coinbase being a “best in breed” for crypto exchanges. She talks about how improved regulation and greater adoption of crypto is bullish for Coinbase long-term despite today’s downgrade. Joe Tigay turns to an example options trade for the stock.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version