Check Out What Whales Are Doing With CRWD

Someone with a lot of money to spend has taken a bullish stance on CrowdStrike Holdings CRWD.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with CRWD, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 11 uncommon options trades for CrowdStrike Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 72% bullish and 27%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $135,741, and 7 are calls, for a total amount of $312,281.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $180.0 for CrowdStrike Holdings over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for CrowdStrike Holdings options trades today is 661.86 with a total volume of 2,218.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for CrowdStrike Holdings's big money trades within a strike price range of $100.0 to $180.0 over the last 30 days.

CrowdStrike Holdings Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:


Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
CRWD CALL SWEEP BULLISH 02/17/23 $100.00 $82.9K 1.2K 679
CRWD CALL SWEEP NEUTRAL 02/17/23 $100.00 $57.0K 1.2K 114
CRWD CALL SWEEP BEARISH 01/27/23 $100.00 $48.5K 434 534
CRWD PUT TRADE NEUTRAL 03/17/23 $120.00 $47.6K 1.6K 21
CRWD CALL SWEEP BULLISH 02/17/23 $105.00 $34.9K 971 137

Where Is CrowdStrike Holdings Standing Right Now?

  • With a volume of 2,107,317, the price of CRWD is up 0.13% at $98.11.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 54 days.

What The Experts Say On CrowdStrike Holdings:

  • Wedbush downgraded its action to Outperform with a price target of $135
  • Piper Sandler has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $170.
  • Jefferies downgraded its action to Hold with a price target of $120
  • Morgan Stanley has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $135.

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.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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