Mixed options sentiment in Circle Internet Group Inc (CRCL), with shares down $8.81 near $124.03. Options volume running well above average with 74k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.68. Implied volatility (IV30) dropped 0.5 near 79.13,and below the 52wk median, suggesting an expected daily move of $6.18. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Clear Street.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRCL:
- Coinbase diving into AI agent payments, The Information reports
- Circle CEO on the Stock’s Rally: “Investors Are Starting to Understand”
- Crypto exchange Kraken freezes multibillion-dollar IPO, CoinDesk says
- Circle Internet price target raised to $152 from $136 at Clear Street
- Crypto Currents: Strategy, Bitmine pile in as FOMC looms