Financial giants have made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings (NASDAQ:CRWD) revealed 23 unusual trades.
Delving into the details, we found 21% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $263,210, and 18 were calls, valued at $1,011,542.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $500.0 for CrowdStrike Holdings over the recent three months.
Insights into Volume & Open Interest
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 $300.0 to $500.0 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 | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CRWD | CALL | SWEEP | BEARISH | 12/20/24 | $34.25 | $33.55 | $34.25 | $420.00 | $154.0K | 114 | 94 |
| CRWD | CALL | SWEEP | BEARISH | 12/20/24 | $35.35 | $34.45 | $34.45 | $420.00 | $110.1K | 114 | 32 |
| CRWD | CALL | TRADE | BULLISH | 08/16/24 | $51.8 | $50.65 | $51.8 | $330.00 | $103.6K | 466 | 20 |
| CRWD | CALL | SWEEP | BEARISH | 06/14/24 | $11.65 | $11.1 | $11.1 | $365.00 | $97.6K | 1.2K | 111 |
| CRWD | CALL | SWEEP | BULLISH | 12/20/24 | $23.2 | $22.8 | $22.8 | $460.00 | $95.7K | 25 | 32 |
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
Current Position of CrowdStrike Holdings
- Currently trading with a volume of 825,455, the CRWD's price is down by -0.87%, now at $371.3.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 78 days.
Professional Analyst Ratings for CrowdStrike Holdings
5 market experts have recently issued ratings for this stock, with a consensus target price of $400.0.
- Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for CrowdStrike Holdings, targeting a price of $393.
- In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $425.
- Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on CrowdStrike Holdings with a target price of $402.
- An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $400.
- Consistent in their evaluation, an analyst from DA Davidson keeps a Buy rating on CrowdStrike Holdings with a target price of $380.
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.
