Mixed options sentiment in Circle Internet Group Inc (CRCL), with shares up $3.35, or 2.67%, near $128.59. Options volume relatively light with 68k contracts traded and puts leading calls for a put/call ratio of 1.22, compared to a typical level near 1.13. Implied volatility (IV30) dropped 0.93 near 75.42,in the bottom quartile of the past year, suggesting an expected daily move of $6.11. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRCL:
- Crypto Currents: Fed’s Waller sees potential for stablecoins to improve payments
- ‘Circle Is at the Forefront of Rapid Stablecoin Adoption,’ Says Top Analyst
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- With Circle Internet Stock (CRCL) Up 345% Since IPO, Two Insiders Sell $12.6M in Shares
- Trump Trade: U.S., EU reach framework agreement on trade