---
title: "Bitcoin breaks through 66,000! Coinbase surged 11% yesterday, bullish options skyrocketed"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/24478870.md"
description: "Well-known investor Guo Yu has recently been actively trading digital currency concept stocks and derivative options, with his latest trading report showing a floating profit of 102.19% on COIN options."
datetime: "2024-10-15T12:45:33.000Z"
locales:
  - [en](https://longbridge.com/en/topics/24478870.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/24478870.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/24478870.md)
author: "[热点君](https://longbridge.com/en/profiles/1450684.md)"
---

# Bitcoin breaks through 66,000! Coinbase surged 11% yesterday, bullish options skyrocketed

U.S. presidential candidate and current Vice President Kamala Harris has pledged to support a regulatory framework for digital currencies, boosting the market for digital currencies, with Bitcoin and Ethereum rising at least 6% in the past 30 hours. In a bid for votes, both Trump and Harris have continuously announced their support for the digital currency industry.

It is worth mentioning that well-known investor Guo Yu has recently been actively trading digital currency concept stocks and derivative options. His latest trading report shows a floating profit of 102.19% on the options for $Coinbase(COIN.US):

This option expires on November 8, 2024, with a strike price of $250, and surged 151.2% overnight:

The other popular traded options ranked by trading volume are shown in the following image:

**Options Terminology Explanation**

Implied Volatility:

-   Represents the market investors' expectations of future stock price volatility, which is actually an unknown quantity.
-   By using a certain options pricing model, factors such as stock price, option premium, interest rate, and expiration time are substituted into the pricing formula to derive the implied volatility.
-   It reflects the valuation level of the option to some extent, under other unchanged conditions:
    -   When implied volatility is at a relatively high level, the option price is more expensive (for assets with little price fluctuation, 30% may be considered high volatility);
    -   When implied volatility is at a relatively low level, the option price is cheaper (for assets with significant price fluctuations, 80% may still be considered low volatility).

Put/Call:

-   The ratio of put option trading volume to call option trading volume; the smaller the ratio, the greater the bullish sentiment.

$GraniteShares 2x Long COIN Daily ETF(CONL.US)

### Related Stocks

- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)

## Comments (9)

- **山东大汉 · 2024-10-22T06:14:07.000Z**: 没看法
- **WinWinG · 2024-10-18T09:00:38.000Z**: Awesome👍
- **我命由我不由朝廷 · 2024-10-17T22:44:08.000Z**: 买不起
  - **舊用戶_VwbDzi** (2024-10-18T10:39:51.000Z): 存錢
- **Super Wealth · 2024-10-16T14:04:02.000Z**: 😂
- **汉城牛牛，不怕困难 · 2024-10-15T13:22:12.000Z · 👍 1**: btc 就是韭菜收割工具，去看看他的涨跌幅，不是一般人玩的🤦‍♂️
- **威尔士包 · 2024-10-15T13:17:58.000Z · 👍 1**: 知名投资人郭宇🤣
  - **ZHL2024** (2024-10-15T13:24:46.000Z): Yes
  - **舊用戶_VwbDzi** (2024-10-18T10:39:42.000Z): 是他
