share_log

CrowdStrike Holdings Options Trading: A Deep Dive Into Market Sentiment

Benzinga ·  Sep 24 22:01

Financial giants have made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings (NASDAQ:CRWD) revealed 9 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $68,034, and 7 were calls, valued at $333,137.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $240.0 to $330.0 for CrowdStrike Holdings during the past quarter.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for CrowdStrike Holdings options trades today is 1052.12 with a total volume of 571.00.

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 $240.0 to $330.0 over the last 30 days.

CrowdStrike Holdings 30-Day Option Volume & Interest Snapshot

1727186483_0.png

Noteworthy Options Activity:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
CRWDCALLSWEEPBULLISH10/18/24$4.05$3.9$4.04$310.00$62.6K3.3K341
CRWDCALLTRADEBEARISH01/15/27$102.85$100.8$100.8$260.00$60.4K2211
CRWDCALLTRADEBEARISH09/27/24$11.95$11.05$11.4$280.00$57.0K70659
CRWDCALLSWEEPNEUTRAL10/11/24$17.05$13.55$15.62$285.00$46.5K13431
CRWDCALLSWEEPBEARISH01/17/25$28.0$27.0$27.0$300.00$45.9K2.7K68

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.

Current Position of CrowdStrike Holdings

  • Currently trading with a volume of 445,062, the CRWD's price is down by -0.75%, now at $290.95.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 63 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest CrowdStrike Holdings options trades with real-time alerts from Benzinga Pro.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment