A whale with a lot of money to spend has taken a noticeably bearish stance on CrowdStrike Holdings.
Looking at options history for CrowdStrike Holdings CRWD we detected 16 strange trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $211,104 and 11, calls, for a total amount of $1,532,777.
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 $90.0 to $155.0 for CrowdStrike Holdings over the last 3 months.
Volume & Open Interest Development
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 $90.0 to $155.0 in the last 30 days.
CrowdStrike Holdings Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CRWD | CALL | TRADE | BULLISH | 05/19/23 | $100.00 | $567.0K | 445 | 430 |
| CRWD | CALL | SWEEP | BULLISH | 10/20/23 | $155.00 | $262.0K | 852 | 663 |
| CRWD | CALL | TRADE | BULLISH | 05/19/23 | $100.00 | $259.5K | 445 | 0 |
| CRWD | CALL | SWEEP | BEARISH | 10/20/23 | $155.00 | $108.6K | 852 | 155 |
| CRWD | CALL | TRADE | NEUTRAL | 06/16/23 | $90.00 | $105.9K | 448 | 5 |
Where Is CrowdStrike Holdings Standing Right Now?
- With a volume of 1,537,017, the price of CRWD is up 2.64% at $125.38.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 36 days.
What The Experts Say On CrowdStrike Holdings:
- RBC Capital has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $170.
- Barclays has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $162.
- Needham has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $170.
- Macquarie downgraded its action to Outperform with a price target of $180
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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