One email a week. Catch up in five minutes.

The GammaRips weekly briefing — engine state, the latest Lab experiment, and what the pool's outcome data showed. No firehose, no FOMO.

We Use Cookies

We use cookies to enhance your experience, analyze site traffic, and for marketing purposes. By clicking "Accept," you agree to our use of cookies. Read our Privacy Policy.

CRCL

BEAR

2026-06-12

Overnight Institutional Flow Signal · Financial Services

See the 2026-06-12 Morning Briefing

This is one candidate from GammaRips' nightly scan of about 3,500 optionable US stocks, curated into a small high-signal pool and tracked to its outcome. Data, not a recommendation. New here? See how the pool is built → Or put your AI agent on this data →

Score

8/10

Move

6.1%

Flow

$34.5M

AI Trade Thesis

CRCL BEAR $85P Jul 17 '26. The recent +6.1% rally is a vulnerable technical bounce that clashes with a narrowing congressional calendar for the CLARITY Act and a recent $4.07M insider sale. This $27.3M institutional flow is a directional play capturing the make-or-break legislative deadline in July. Entry near $82.63 with a target of $72.00. Risk: Sudden bipartisan breakthrough in the Senate.

Flow Breakdown

Call Volume

$7.1M

Put Volume

$27.3M

Flow Intent

DIRECTIONAL

Catalyst

Regulatory

More Bearish Flow · 2026-06-12

MSTR8/10 COIN8/10 COF8/10 BMNR7/10 USAR8/10 TEAM8/10

Engine-Selected Contract

ContractO:CRCL260717P00085000

Strike$85.00

Expiration2026-07-17

Contract Score9.128/10

Risk/Reward0.2:1

Delta-0.46

Key Levels

Resistance$102.49

Support$77.87

Price$82.63

SMA 50 / 200$102 / $101

52W Range$50 — $299

RSI (14)37

News & Catalyst Analysis

Key Headline

Circle Internet Group Director Patrick Sean Neville Sells $4.07M in Stock

News Summary

Circle (CRCL) recently rose +6.1% to $82.63, but faces deteriorating legislative momentum as the probability of the CLARITY Act passing in 2026 was recently cut to 60% due to a tightening Senate calendar. Adding to the bearish outlook, Form 4 filings from the past 24 hours revealed that Director Patrick Sean Neville sold $4.07M worth of shares. The massive $27.3M bearish flow in ITM puts is highly likely to persist as the critical late-July recess deadline approaches.

Flow Intent Analysis

The massive purchase of ITM $85 puts expiring July 17, 2026, represents a high-conviction directional bet on the legislative failure of the CLARITY Act ahead of the late-July congressional recess.

One email a week. Catch up in five minutes.

The GammaRips weekly briefing — engine state, the latest Lab experiment, and what the pool's outcome data showed. No firehose, no FOMO.

Read the 2026-06-12 morning briefing for the full scan this CRCL signal came from: the bull and bear split, the themes institutional money leaned into, and every other ticker that cleared the bar that day.

How We Read This Flow

Plain-English explainers on the methodology behind signals like this one.

View all →

One email a week. Catch up in five minutes.

CRCL

Key Headline

News Summary

Flow Intent Analysis

One email a week. Catch up in five minutes.

How We Read This Flow

How to Read Unusual Options Activity: A Step-by-Step Guide

What Data Does an AI Trading Agent Actually Need?

How to Connect Claude to Live Options Data (MCP Setup Walkthrough)