Coinbase stock continues to climb as bitcoin hits a new record high, attracting traders looking for smart, lower-risk strategies. One proven method is the bull put spread, which lets investors earn steady income while limiting losses. For example, a trade using August options could return over 30% if Coinbase stays above $340. With bitcoin’s price surge and Coinbase’s strong market performance, this options strategy is gaining attention. But with earnings approaching on August 7, caution is key. If you're trading Coinbase options, this could be a simple yet effective way to ride the crypto momentum safely.