$COIN options took in $61.1M in the first 14 minutes, already 1.6x a recent average session, calls carried 88% of it. The top eight call lines sat deep in the money, Oct 2 strikes 45 to 80 for $42.9M, which trade like stock. Dealers sit long gamma, so hedging damps the move.
🤖 Coinbase CEO Brian Armstrong: The exchange is developing financial accounts for AI superintelligence that will support trading, payments, and lending for user wealth management and autonomous AI agent operations #COIN #ai #crypto
