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The Enigma of CrowdStrike Holdings Options Trading: A Detailed Analysis of Market Sentiment

Financial giants have made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings CRWD revealed 28 unusual trades.

Delving into the details, we found 42% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $182,610, and 24 were calls, valued at $1,914,103.

Analysing Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $180.0 to $400.0 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 $180.0 to $400.0 in the last 30 days.

Deciphering CrowdStrike Holdings Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

SymbolPUT/CALLTrade TypeSentimentExp. DateStrike PriceTotal Trade PriceOpen InterestVolume
CRWDCALLTRADEBEARISH09/20/24$400.00$492.5K13501
CRWDCALLTRADEBEARISH09/20/24$400.00$197.0K13701
CRWDCALLTRADEBEARISH01/16/26$240.00$99.2K2890
CRWDCALLTRADEBULLISH07/19/24$260.00$98.0K17020
CRWDCALLSWEEPBULLISH01/12/24$245.00$93.2K32799

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.

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Following our analysis of the options activities associated with CrowdStrike Holdings, we pivot to a closer look at the company’s own performance.

The Current Position of CrowdStrike Holdings

  • With a trading volume of 1,693,089, the price of CRWD is up by 0.85%, reaching $286.95.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 53 days from now.

Expert Opinions on CrowdStrike Holdings

5 market experts have recently issued ratings for this stock, with a consensus target price of $296.8.

  • An analyst from Rosenblatt has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $315.
  • An analyst from BMO Capital has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $270.
  • An analyst from Mizuho has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $275.
  • Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on CrowdStrike Holdings with a target price of $320.
  • An analyst from Morgan Stanley has elevated its stance to Overweight, setting a new price target at $304.

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.