💰 COIN $29M Diagonal Spread - Someone's Playing the Crypto Downturn Like a Chess Match!
$29.1M institutional options flow on COIN. Someone just put on a $29M diagonal call spread on Coinbase -- selling $23M in deep ITM May calls while buying $6.1M in OTM March calls -- all in a single move at 12:28 PM. With COIN down 20% YTD a.... Full breakdown inside.
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