Shares of Circle Star Energy Corp (CRCL, Financial) saw a modest increase of $2.85, or 1.42%, bringing the stock price near $203.53. The options market displayed mixed sentiment, with a total of 94,000 contracts traded. Call options were more active than puts, resulting in a lower put/call ratio of 0.56 compared to the average level of approximately 1.02.
Implied volatility for CRCL dropped by 4.76, reaching around 89.74, placing it in the lowest 10% of observations over the past year. This suggests an anticipated daily stock movement of $11.51. Additionally, the put-call skew steepened, indicating a heightened interest in downside protection among investors.
