CrowdStrike Holdings Unusual Options Activity For August 27

Author: Benzinga Insights | August 27, 2024 09:46am

Whales with a lot of money to spend have taken a noticeably bullish stance on CrowdStrike Holdings.

Looking at options history for CrowdStrike Holdings (NASDAQ:CRWD) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $74,300 and 8, calls, for a total amount of $500,757.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $210.0 to $282.5 for CrowdStrike Holdings over the recent three months.

Volume & Open Interest Trends

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 $210.0 to $282.5 in the last 30 days.

CrowdStrike Holdings Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
CRWD	CALL	TRADE	BULLISH	01/16/26	$92.8	$92.8	$92.8	$210.00	$148.4K	94	16
CRWD	CALL	TRADE	BEARISH	12/20/24	$29.5	$28.8	$28.8	$270.00	$144.0K	715	50
CRWD	PUT	TRADE	NEUTRAL	08/30/24	$12.35	$11.75	$12.05	$262.50	$48.2K	898	15
CRWD	CALL	TRADE	BULLISH	10/04/24	$21.4	$20.15	$21.4	$260.00	$42.8K	90	0
CRWD	CALL	TRADE	NEUTRAL	10/18/24	$24.3	$22.05	$23.2	$260.00	$37.1K	700	2

About CrowdStrike Holdings

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security verticals such as endpoint, cloud workload, identity, and security operations. 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 219,021, the CRWD's price is down by -0.95%, now at $263.36.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is 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 $316.0.

• An analyst from JP Morgan persists with their Overweight rating on CrowdStrike Holdings, maintaining a target price of $330.
• An analyst from Needham has decided to maintain their Buy rating on CrowdStrike Holdings, which currently sits at a price target of $375.
• In a positive move, an analyst from Piper Sandler has upgraded their rating to Overweight and adjusted the price target to $290.
• Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for CrowdStrike Holdings, targeting a price of $295.
• Consistent in their evaluation, an analyst from BMO Capital keeps a Outperform rating on CrowdStrike Holdings with a target price of $290.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest CrowdStrike Holdings options trades with real-time alerts from Benzinga Pro.

Posted In: CRWD