Coinbase (COIN) option IV into shares down 15% before the opening bell

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Converted Organics, Inc. (NASDAQ: COIN) Delayed: 204.20 +9.95 (5.12%)
Previous Close $194.25    52 Week High $0.01 
Open $205.19    52 Week Low $0.00 
Day High $208.33    P/E N/A 
Day Low $202.61    EPS $-0.02 
Volume 8,527,290