$Circle(CRCL)$ 【Circle Financial Report is Coming, How to Use Options to Control Risks Without Missing Out?】

CRCL has recently retraced and is back around the support level of 150 dollars. On August 12, it will face its first financial report since going public, but the market seems a bit overly calm: the 30-day implied volatility is only 78%, and the IV Rank is below 10%. This indicates that this is a financial report that has not yet been 'seriously priced'.

📌 If you are paying attention to event-driven trading, now is a window for positioning volatility:

▶️ Trading Volatility:

Buy a 150 Straddle expiring on 8/15, with a cost of about 21 dollars. As long as the stock price moves ±14% on the day of the report, you could potentially capture both Gamma and Vega gains. Suitable for those betting on a 'blowout' earnings report.

▶️ Bearish Protection:

If you're bearish but want to control drawdown, you can do a 150/130 Put Spread, with a cost of less than 6 dollars, obtaining stable returns under limited risk.

▶️ Bullish Protection:

Do you think the financial report might bring surprises? You can do a 150/165 Call Spread, with a similar idea but in the opposite direction, still aiming for small investment for upside potential.

🗣️ What do you think about this financial report? Will CRCL stop its decline and rebound, or will it break down directly? Feel free to discuss in the comments section.#Circle