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NeoCloud stock plunges as CoreWeave put option volume surges

CNBC ·

CRWV CoreWeave Inc
$65.78 -15.46%
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  1. 1CoreWeave stock fell 15%.
  2. 2CoreWeave recorded an option trading volume increase of more than 7 times its 30-day average.
  3. 3Traders purchased approximately 200,000 put options.

So what's the key point?

CoreWeave stock dropped significantly by 15 percent. Trading that bets on the stock price falling increased by more than 7 times the usual amount.

Source CNBC · View original ↗

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