CoreWeave Inc. ($CRWV) experienced a notable surge in its stock price in late May 2025, with the June options rising from $3.50 to $27 and July $105 calls tripling from $10 to $30. The stock reached a high of $122.50, marking a 196% increase for the month. However, by May 29, $CRWV showed signs of a short-term top and began to decline, falling about 20 points from its highs with a reversal candlestick pattern observed. The stock's impressive nine-day streak of closing above prior daily lows, following an all-time high breakout on May 14, was being tested. Despite the pullback, CoreWeave broke into its weekly value area, although there were no locates available on E*Trade. Other stocks such as $NBIS were also selling off, while $NVDA remained up 3%. Traders noted increased premiums inflating over 100% into the close during the rally, followed by a notable topping reversal and volatility in the price movement.