27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
A financial giant has made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings (NASDAQ:CRWD) revealed 11 unusual trades. Delving into the details, we found 36% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $241,232, and 8 were calls, valued at $588,118.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $230.0 for CrowdStrike Holdings, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for CrowdStrike Holdings's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of CrowdStrike Holdings's whale activity within a strike price range from $50.0 to $230.0 in the last 30 days.
CrowdStrike Holdings 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CRWD | CALL | SWEEP | NEUTRAL | 01/19/24 | $175.00 | $291.5K | 1.4K | 308 |
| CRWD | PUT | SWEEP | BULLISH | 01/17/25 | $160.00 | $175.5K | 561 | 100 |
| CRWD | CALL | TRADE | NEUTRAL | 06/21/24 | $140.00 | $97.5K | 135 | 0 |
| CRWD | CALL | TRADE | BULLISH | 03/15/24 | $195.00 | $43.0K | 4.5K | 0 |
| CRWD | CALL | TRADE | BEARISH | 01/19/24 | $190.00 | $42.2K | 4.5K | 13 |
CrowdStrike Holdings's Current Market Status
- With a volume of 1,010,527, the price of CRWD is up 0.19% at $192.72.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 20 days.
What The Experts Say On CrowdStrike Holdings:
- In a cautious move, Argus Research downgraded its rating to Buy, setting a price target of $220.
- JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $235.
- In a positive move, Jefferies has upgraded their rating to Buy and adjusted the price target to $225.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for CrowdStrike Holdings, Benzinga Pro gives you real-time options trades alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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