Unpacking the Latest Options Trading Trends in CrowdStrike Holdings

Financial giants have made a conspicuous bullish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings CRWD revealed 19 unusual trades.

Delving into the details, we found 63% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $256,925, and 12 were calls, valued at $489,504.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $165.0 to $410.0 for CrowdStrike Holdings during the past quarter.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $165.0 to $410.0 in the last 30 days.

CrowdStrike Holdings 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CRWD CALL SWEEP BULLISH 05/10/24 $4.4 $4.05 $4.38 $312.50 $61.3K 383 350
CRWD CALL TRADE BEARISH 06/07/24 $23.2 $22.4 $22.4 $315.00 $56.0K 423 1
CRWD CALL TRADE BEARISH 06/07/24 $154.25 $150.85 $150.85 $165.00 $45.2K 0 3
CRWD CALL SWEEP NEUTRAL 05/10/24 $5.8 $5.45 $5.65 $312.50 $45.0K 383 116
CRWD PUT TRADE BULLISH 05/17/24 $9.25 $8.75 $8.95 $315.00 $44.7K 101 311

About CrowdStrike Holdings

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.

Having examined the options trading patterns of CrowdStrike Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of CrowdStrike Holdings

  • Currently trading with a volume of 475,258, the CRWD's price is up by 1.38%, now at $316.87.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 27 days.

What The Experts Say On CrowdStrike Holdings

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $388.0.

  • An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $400.
  • An analyst from Keybanc persists with their Overweight rating on CrowdStrike Holdings, maintaining a target price of $376.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for CrowdStrike Holdings with Benzinga Pro for real-time alerts.

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Posted In: OptionsMarketsBZI-UOA
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