Whales with a lot of money to spend have taken a noticeably bearish stance on CrowdStrike Holdings.
Looking at options history for CrowdStrike Holdings (NASDAQ:CRWD) we detected 12 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 58% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $1,178,940 and 5, calls, for a total amount of $291,405.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $290.0 to $480.0 for CrowdStrike Holdings during the past quarter.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of CrowdStrike Holdings stands at 444.8, with a total volume reaching 1,621.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in CrowdStrike Holdings, situated within the strike price corridor from $290.0 to $480.0, throughout the last 30 days.
CrowdStrike Holdings Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
CRWD | PUT | TRADE | BEARISH | 01/17/25 | $29.65 | $29.1 | $29.6 | $350.00 | $740.0K | 4600 | |
CRWD | PUT | SWEEP | BEARISH | 01/16/26 | $32.6 | $31.9 | $31.9 | $290.00 | $127.6K | 3800 | |
CRWD | CALL | TRADE | NEUTRAL | 08/16/24 | $22.75 | $22.1 | $22.4 | $380.00 | $112.0K | 46712 | |
CRWD | PUT | TRADE | BULLISH | 06/28/24 | $2.24 | $2.06 | $2.1 | $370.00 | $105.0K | 4951.4K | |
CRWD | PUT | SWEEP | NEUTRAL | 01/16/26 | $31.9 | $31.55 | $31.9 | $290.00 | $82.9K | 3800 |
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.
In light of the recent options history for CrowdStrike Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of CrowdStrike Holdings
Currently trading with a volume of 1,923,818, the CRWD's price is down by -0.37%, now at $379.22.
RSI readings suggest the stock is currently may be approaching overbought.
Anticipated earnings release is in 65 days.
What Analysts Are Saying About CrowdStrike Holdings
In the last month, 5 experts released ratings on this stock with an average target price of $398.6.
An analyst from RBC Capital downgraded its action to Outperform with a price target of $420.
An analyst from DA Davidson persists with their Buy rating on CrowdStrike Holdings, maintaining a target price of $380.
Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for CrowdStrike Holdings, targeting a price of $400.
Reflecting concerns, an analyst from Piper Sandler lowers its rating to Overweight with a new price target of $400.
An analyst from Scotiabank persists with their Sector Outperform rating on CrowdStrike Holdings, maintaining a target price of $393.
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