Mixed options sentiment in Circle Internet Group Inc (CRCL), with shares up 100c, or 0.89%, near $112.61. Options volume relatively light with 23k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.01 near 85.42,and below the 52wk median, suggesting an expected daily move of $6.06. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at H.C. Wainwright.
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