Looking At CrowdStrike Holdings's Recent Unusual Options Activity

Investors with a lot of money to spend have taken a bearish 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 17 uncommon options trades for CrowdStrike Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 41% bullish and 58%, bearish.

Out of all of the special options we uncovered, 8 are puts, for a total amount of $380,100, and 9 are calls, for a total amount of $558,259.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $145.0 to $290.0 for CrowdStrike Holdings over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for CrowdStrike Holdings options trades today is 484.15 with a total volume of 670.00.

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 $290.0 over the last 30 days.

CrowdStrike Holdings Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

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.

Having examined the options trading patterns of CrowdStrike Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

CrowdStrike Holdings's Current Market Status

• With a volume of 964,673, the price of CRWD is up 0.01% at $209.0.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 6 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 $217.0.

• An analyst from Truist Securities has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $230.
• Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for CrowdStrike Holdings, targeting a price of $240.
• An analyst from JMP Securities downgraded its action to Market Outperform with a price target of $235.
• An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $180.
• An analyst from Rosenblatt downgraded its action to Buy with a price target of $200.

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.