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i dun think you can do that in photoshop. Usually, we create the circle and shift it to your desired position.
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Found this helpful:<br />
<a href="http://forums.cgsociety.org/archive/index.php/t-349036.html" rel="ugc">http://forums.cgsociety.org/archive/index.php/t-349036.html</a>
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How to use the elipse/circle tool so that the point where the cursor is when you click is the center?<br />
Usually, that initial point gets to be the upper-left corner and not the actual center of it...
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How to use the elipse/circle tool so that the point where the cursor is when you click is the center?
Usually, that initial point gets to be the upper-left corner and not the actual center of it...

Centering a circle/elipse with Photoshop

Adobe Creative Suite (CS) is a software suite of graphic design, video editing, and web development applications developed by Adobe Systems. Each edition consists several Adobe applications, including Photoshop, Acrobat, InDesign, Premiere Pro or After Effects. Photoshop, InDesign, and Illustrator are the industry standard applications for many graphic design positions. CS6 is the last version of the Creative Suite; future versions of their creative software would only be available via their Adobe Creative Cloud subscription service.