CRCL Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete CRCL options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around CRCL.

Latest Data: 2026-08-10 (EDT)

Max Pain Price

Exp: 2026-08-14

Gamma Flip

66.22

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.259

Shows put vs call positioning

IV Skew

-8.47

Put–call IV difference

Max Pain Price Volatility

σ = 50.54

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.235(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-08-21 options expiry. 90% confidence

The support levels for CRCL are at 65.11, 62.85, and 45.72, while the resistance levels are at 68.99, 71.25, and 88.38. The pivot point, a key reference price for traders, is at 66.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 3.91% 1-day move.

The expected range for the next 4 days is 64.78 — 69.53 , corresponding to +3.69% / -3.39% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 70.29 (4.83% above spot).

Bearish positioning points to downside pressure toward 64.14 (4.33% below spot).

Options flow strength: 0.89 (0–1 scale). ATM Strike: 67.00, Call: 1.54, Put: 3.70, Straddle Cost: 5.25.

Price moves are likely to stay range-bound. The short-term gamma flip is near 66.18 , with intermediate positioning around 66.22 . The mid-term gamma flip remains near 66.30.