The fintech stock is still sporting a solid 2026 gain
Shares of Circle Internet Group Inc (NYSE:CRCL) are down 1% to trade at $93.48, despite a $100 million investment from Binance to promote its USDC stablecoin.
The fintech stock is looking to snap a three-day win streak after running into pressure at the $100 level, which has kept a lid on gains this month. Year-to-date, the shares are still up roughly 18%.
Circle options are priced affordable at the moment. CRCL's Schaeffer's Volatility Index (SVI) of 76% stands higher than just 21% of readings from the past year, implying that near-term options traders are pricing in relatively low volatility expectations. It's also worth noting CRCL's Schaeffer's Volatility Scorecard (SVS) sits at a relatively high 85 out of 100, indicating the stock has tended to exceed these volatility expectations during the past year.