Decoding CrowdStrike Holdings's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bearish stance on CrowdStrike Holdings.

Looking at options history for CrowdStrike Holdings CRWD we detected 23 trades.

If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 56% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $499,440 and 14, calls, for a total amount of $618,073.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $245.0 to $400.0 for CrowdStrike Holdings over the recent three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for CrowdStrike Holdings options trades today is 456.22 with a total volume of 598.00.

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 $245.0 to $400.0 over the last 30 days.

CrowdStrike Holdings 30-Day Option Volume & Interest Snapshot

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.

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.

Where Is CrowdStrike Holdings Standing Right Now?

• Currently trading with a volume of 995,252, the CRWD's price is down by -2.17%, now at $322.31.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 68 days.

What Analysts Are Saying About CrowdStrike Holdings

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $386.0.

• An analyst from Stifel persists with their Buy rating on CrowdStrike Holdings, maintaining a target price of $400.
• An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $400.
• An analyst from Wells Fargo persists with their Overweight rating on CrowdStrike Holdings, maintaining a target price of $380.
• An analyst from Needham has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $350.
• An analyst from TD Cowen has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $400.

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