Behind the Scenes of CrowdStrike Holdings's Latest Options Trends

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 12 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 25% leaning bullish and 75% bearish. Among these notable options, 4 are puts, totaling $169,248, and 8 are calls, amounting to $944,707.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $245.0 for CrowdStrike Holdings, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for CrowdStrike Holdings options trades today is 818.82 with a total volume of 685.00.

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 $145.0 to $245.0 over the last 30 days.

CrowdStrike Holdings Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About CrowdStrike Holdings

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. 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.

CrowdStrike Holdings's Current Market Status

• Currently trading with a volume of 603,860, the CRWD's price is up by 0.66%, now at $208.45.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 8 days.

What Analysts Are Saying About CrowdStrike Holdings

A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $215.5.

• Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on CrowdStrike Holdings with a target price of $230.
• Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on CrowdStrike Holdings with a target price of $210.
• An analyst from JMP Securities downgraded its action to Market Outperform with a price target of $235.
• An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on CrowdStrike Holdings, which currently sits at a price target of $187.

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.