High-rolling investors have positioned themselves bullish on CrowdStrike Holdings (NASDAQ:CRWD), and it’s important for retail traders to take note.
This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CRWD often signals that someone has privileged information.
Today, Benzinga’s options scanner spotted 9 options trades for CrowdStrike Holdings. This is not a typical pattern.
The sentiment among these major traders is split, with 55% bullish and 44% bearish. Among all the options we identified, there was one put, amounting to $55,764, and 8 calls, totaling $451,071.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $400.0 for CrowdStrike Holdings during the past quarter.
Insights into 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 $120.0 to $400.0, over the past month.
CrowdStrike Holdings 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CRWD | CALL | SWEEP | BEARISH | 03/15/24 | $330.00 | $143.9K | 1.8K | 166 |
| CRWD | CALL | TRADE | BEARISH | 03/15/24 | $195.00 | $71.0K | 4.5K | 5 |
| CRWD | CALL | TRADE | BULLISH | 09/20/24 | $220.00 | $65.3K | 407 | 5 |
| CRWD | PUT | SWEEP | BULLISH | 04/19/24 | $310.00 | $55.7K | 291 | 49 |
| CRWD | CALL | TRADE | BULLISH | 01/17/25 | $120.00 | $45.0K | 532 | 2 |
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.
Following our analysis of the options activities associated with CrowdStrike Holdings, we pivot to a closer look at the company’s own performance.
Current Position of CrowdStrike Holdings
- Trading volume stands at 193,558, with CRWD’s price up by 0.26%, positioned at $335.43.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 19 days.
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.
