Financial giants have made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings CRWD revealed 27 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 59% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $960,471, and 16 were calls, valued at $19,203,745.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $300.0 for CrowdStrike Holdings over the last 3 months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for CrowdStrike Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of CrowdStrike Holdings's whale trades within a strike price range from $120.0 to $300.0 in the last 30 days.
CrowdStrike Holdings Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CRWD | CALL | TRADE | BULLISH | 03/15/24 | $195.00 | $18.5M | 4.5K | 0 |
| CRWD | PUT | TRADE | BEARISH | 01/26/24 | $260.00 | $340.0K | 611 | 201 |
| CRWD | PUT | TRADE | BULLISH | 02/16/24 | $250.00 | $115.1K | 998 | 56 |
| CRWD | PUT | SWEEP | BEARISH | 01/17/25 | $190.00 | $104.1K | 415 | 258 |
| CRWD | CALL | TRADE | BEARISH | 01/16/26 | $250.00 | $72.5K | 487 | 11 |
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.
Present Market Standing of CrowdStrike Holdings
- Currently trading with a volume of 1,851,289, the CRWD's price is down by -1.45%, now at $251.63.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 63 days.
Professional Analyst Ratings for CrowdStrike Holdings
In the last month, 5 experts released ratings on this stock with an average target price of $290.8.
- Maintaining their stance, an analyst from Needham continues to hold a Buy rating for CrowdStrike Holdings, targeting a price of $325.
- An analyst from Rosenblatt has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $315.
- Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on CrowdStrike Holdings with a target price of $269.
- An analyst from BMO Capital has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $270.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on CrowdStrike Holdings with a target price of $275.
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.
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