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

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 46 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 39% leaning bullish and 60% bearish. Among these notable options, 25 are puts, totaling $1,685,818, and 21 are calls, amounting to $945,409.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $135.0 to $290.0 for CrowdStrike Holdings over the last 3 months.

Volume & Open Interest Trends

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 $135.0 to $290.0, over the past month.

CrowdStrike Holdings Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

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.

After a thorough review of the options trading surrounding CrowdStrike Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of CrowdStrike Holdings

• Trading volume stands at 2,316,315, with CRWD's price down by -0.34%, positioned at $209.94.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 1 days.

What The Experts Say On CrowdStrike Holdings

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $215.0.

• An analyst from JP Morgan persists with their Overweight rating on CrowdStrike Holdings, maintaining a target price of $210.
• An analyst from Needham has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $245.
• In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $180.
• In a cautious move, an analyst from Rosenblatt downgraded its rating to Buy, setting a price target of $200.
• Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on CrowdStrike Holdings with a target price of $240.

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