Terra_Incognita
2025-06-25

$CRCL 20250627 230.0 CALL$ CRCL: speculative trade. Collect 2.8% premium in this short call with strike at $230 and expiring this Fri 27th June so it's only for 3 trading days. By now, CRCL seems to have started its profit taking stage after hitting peak of $299 from its IPO price of just $30 and in a matter of less than 3 weeks. For any stocks that had 10x in just 3 weeks, there will certainly be profit taking when the music stops. Initiated this bearish strategy to test my ideas and so far it's been in profitable zone after 1 day. Might close this earlier on Thurs if profit target has been met. The margins for the trade is crazy so I had separately bought a long call at $240 to limit my max loss exposure to $1k even though initially I didn't planned to do so.So now the trade became a bear call with short call at $230 and long call at $240 Both expiring this Fri on 27th June. 
CRCL CALL
06-25 21:41
US20250627 230.0
SidePrice | FilledRealized P&L
Sell
Open
6.50
1Lot(s)
--
Closed
Circle Internet Corp.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

  • Top
  • Latest
  • Porter Harry
    ·2025-06-26
    TOP
    $Circle Internet Corp.(CRCL)$ Well-structured bear call! 📉 CRCL's post-IPO hype is cooling fast—great timing. Curious to see if it finds a new base near $200 before the next leg. 👀
    Reply
    Report