As of now, Coinbase does not have derivatives. This is likely because the company is still fairly new and is still in the process of building up its offerings.
Additionally, Coinbase is not yet a publicly traded company, which may also play a role in why it does not offer derivatives.
That said, it is possible that Coinbase will offer derivatives in the future. The company has been rapidly expanding its offerings in recent years, so it would not be surprising to see it add this type of product.
For now, though, investors will have to look elsewhere for their derivative needs.