CRWV Swing Options Trade Plan 2025-06-17

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CRWV Swing Analysis Summary (2025-06-17)

CRWV Swing Trading Options Analysis

1. Comprehensive Summary of Key Points

Technical Analysis:

Yes to bullish; current price ($171.51) above several key moving averages (EMAs), but mixed signals are evident with an overwhelmingly high weekly RSI of 93.87. Support levels are seen at $166.63 (recent high) and $155.79 (50 EMA). Indicators (MACD, RSI, Bollinger Bands) confirm bullish sentiment, but the risk of a pullback exists, primarily due to the extreme RSI reading. Market Sentiment:

Elevated VIX (19.27), and varying news sentiment complicate the picture - a bullish PT of $185 from Jefferies is countered by cautious downgrades and the stock not being sustainable after a +236% rally. Max pain is significantly lower at $148, suggesting potential gravitational pull creating bearish option positioning. Options Chain Analysis:

Large call open interest near the current trading price ($180.00 call has 454 OI) indicates bullish sentiment, while puts show signs of thin activity. The potential for short-term upside exists, but risk management is essential.