Unpacking the Latest Options Trading Trends in CrowdStrike Holdings

Deep-pocketed investors have adopted a bearish approach towards CrowdStrike Holdings CRWD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRWD usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for CrowdStrike Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 36% leaning bullish and 63% bearish. Among these notable options, 4 are puts, totaling $195,023, and 7 are calls, amounting to $698,630.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $250.0 to $480.0 for CrowdStrike Holdings during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for CrowdStrike Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across CrowdStrike Holdings's significant trades, within a strike price range of $250.0 to $480.0, over the past month.

CrowdStrike Holdings Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

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.

Following our analysis of the options activities associated with CrowdStrike Holdings, we pivot to a closer look at the company's own performance.

Current Position of CrowdStrike Holdings

• Trading volume stands at 504,361, with CRWD's price up by 0.2%, positioned at $316.28.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 72 days.

Expert Opinions on CrowdStrike Holdings

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $390.2.

• Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for CrowdStrike Holdings, targeting a price of $400.
• An analyst from Barclays has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $400.
• An analyst from Wells Fargo persists with their Overweight rating on CrowdStrike Holdings, maintaining a target price of $380.
• Maintaining their stance, an analyst from JMP Securities continues to hold a Market Outperform rating for CrowdStrike Holdings, targeting a price of $400.
• An analyst from JP Morgan has decided to maintain their Overweight rating on CrowdStrike Holdings, which currently sits at a price target of $371.

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.