When volatility, positioning, and directional signals align, swing trades can deliver strong returns with defined risk. Coinbase (COIN) provided a clean example of this, as multiple SpotGamma indicators pointed to a bullish setup with expanding range potential. Shifts higher in key Gamma levels, combined with rising demand for calls, signaled that traders were positioning for […]
COIN
HIRO In Action: COIN
Today we noted strong call buying to start the day in COIN (Coinbase). This call buying is shown below, in orange, in the form of estimated hedging impact. The hedging impact, or HIRO signal, is tied to the right Y axis. The signal suggests that as traders buy calls, market makers are likely selling those […]
Gamma Squeezes + Crypto Crashes Double Whammy
Coinbase is down -45% since its IPO (COIN), and along with that the price of Bitcoin and other cryptocurrencies has been horrible. Bitcoin alone is down 42% – but that is actually outpaced by popular crypto related stocks like: MARA (-52%), RIOT (-57%). Its fascinating to note the COIN IPO (4/14/21) market the ~$64k Bitcoin […]