$Coinbase Global, Inc.(COIN)$ 's Q4 earnings report exceeded expectations, but its stock price dropped 7% after an initial 8% surge.
I opened $CONL 20250221 34.0 PUT$, betting that the drop is just profit-taking and consolidation.
The trade thesis is based on Coinbase's strong fundamentals and growth prospects. Now, it's time to let the trade play out. Fingers crossed for a strong rebound in the week ahead.
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