CRCL Weekly Options Trade Plan 2025-06-23

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CRCL Weekly Analysis Summary (2025-06-23)

Comprehensive Summary

Based on an analysis drawn from multiple model reports regarding CRCL's weekly options trading expiring on June 27, 2025, the following key points emerge:

Technical Analysis:

Short-term Indicators: The current price of CRCL stands at $242.98, approximately mid-range between resistance at $245 and support levels near $235. The recent price action has displayed bearish momentum on the 5-minute chart, with the MACD turning negative and an RSI of 38.91 indicating oversold conditions. Long-term Indicators: The daily chart shows the stock is extremely overbought (RSI at 89.09), suggesting potential for a sharp pullback. Overall, the technical outlook is conflicted—bearish in the short term, bullish in the long term. Market Sentiment:

The VIX index is elevated at 20.62, reflecting market caution and uncertainty. The options chain reveals significant open interest in put options versus call options, aligning with bearish sentiment particularly around the $225 max pain level, which could act as a magnetic target. Direction Consensus:

There is a strong consensus across models indicating a Moderately Bearish to Strong Bearish outlook for CRCL. Factors contributing to this include extreme overbought conditions, bearish technical indicators on shorter timeframes, and a significant max pain target indicating downward pressure.