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 25% of the investors opened trades with bullish expectations and 75% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $372,001 and 8, calls, for a total amount of $514,048.
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 $175.0 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 763.08 with a total volume of 1,597.00.
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 $175.0 over 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 | SWEEP | BEARISH | 10/20/23 | $100.00 | $126.9K | 61 | 20 |
| CRWD | PUT | SWEEP | BEARISH | 06/21/24 | $140.00 | $88.3K | 811 | 139 |
| CRWD | CALL | TRADE | NEUTRAL | 01/17/25 | $150.00 | $88.3K | 531 | 20 |
| CRWD | CALL | TRADE | BEARISH | 01/17/25 | $150.00 | $88.1K | 531 | 40 |
| CRWD | CALL | SWEEP | BULLISH | 09/29/23 | $162.50 | $70.9K | 583 | 472 |
Where Is CrowdStrike Holdings Standing Right Now?
- With a volume of 911,365, the price of CRWD is up 1.08% at $162.21.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 62 days.
What The Experts Say On CrowdStrike Holdings:
- Goldman Sachs has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $195.
- Barclays has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $186.
- Cantor Fitzgerald downgraded its action to Overweight with a price target of $180
- Piper Sandler has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $210.
- Macquarie has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $185.
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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