CrowdStrike Holdings Options Trading: A Deep Dive into Market Sentiment

Investors with a lot of money to spend have taken a bullish stance on CrowdStrike Holdings CRWD.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CRWD, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 46 uncommon options trades for CrowdStrike Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 56% bullish and 43%, bearish.

Out of all of the special options we uncovered, 8 are puts, for a total amount of $403,230, and 38 are calls, for a total amount of $1,990,286.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $80.0 and $360.0 for CrowdStrike Holdings, spanning the last three months.

Analyzing Volume & Open Interest

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 $80.0 to $360.0, 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 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.

Current Position of CrowdStrike Holdings

• With a trading volume of 1,994,911, the price of CRWD is down by -0.54%, reaching $241.25.
• Current RSI values indicate that the stock is may be overbought.
• Next earnings report is scheduled for 85 days from now.

Professional Analyst Ratings for CrowdStrike Holdings

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $223.8.

• An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on CrowdStrike Holdings, which currently sits at a price target of $203.
• An analyst from BTIG has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $239.
• An analyst from Oppenheimer has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $240.
• Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for CrowdStrike Holdings, targeting a price of $187.
• An analyst from Needham has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $250.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for CrowdStrike Holdings, Benzinga Pro gives you real-time options trades alerts.