---
title: "Trending | COIN Surges 7% on Monday, Some Call options Soar 2000%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286033714.md"
description: "On May 11, Eastern Time, Coinbase options saw a total of 277274 contracts traded, with calls accounting for 77% and puts making up 22%."
datetime: "2026-05-12T04:20:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286033714.md)
  - [en](https://longbridge.com/en/news/286033714.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286033714.md)
---

# Trending | COIN Surges 7% on Monday, Some Call options Soar 2000%

On May 11, Eastern Time, Coinbase options saw a total of 277274 contracts traded, with calls accounting for 77% and puts making up 22%.

Coinbase has 1158128 contracts outstanding, with calls accounting for 57% and puts making up 42%.

The top volume gainer was the 220 dollars Call option expiring on May 15, 2026, with 15866 contracts traded.

On the news front, Based on recent key news:

1\. May 11, CoinMarketCap's Altcoin Index climbed, indicating a shift in investor sentiment towards altcoins, which may have contributed to COIN's surge. The index reached 50, suggesting increased interest in altcoins. Source: WSJ

2\. May 11, Analysts noted resilience in retail trading and revenue diversification efforts by Coinbase amid crypto market weakness, supporting the stock's rise. Source: Benzinga

3\. May 12, CryptoQuant observed increased short-term altcoin trading volume, indicating a shift in capital from major cryptocurrencies to altcoins, potentially boosting COIN. Source: NS3.AIAltcoin interest rising, crypto market shifts.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-05-12/ST_US_COIN_en.png)

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