Stocks

Whales Show Bullish Confidence in CrowdStrike Holdings (NASDAQ: CRWD)

Published December 16, 2024

Significant investors, often referred to as "whales," are displaying a bullish attitude toward CrowdStrike Holdings. Recent analysis of options trading for CrowdStrike Holdings (CRWD) reveals that there have been a total of 33 identified trades.

When examining the details of these trades, it is interesting to note that 42% of the investors opted for trades that reflect bullish expectations, while 30% went for bearish positions. This shows a clear leaning towards optimism among a substantial portion of traders.

Out of all the trades tracked, there were 6 put options, amounting to $502,610, and 27 call options totaling $1,580,977. This significant difference in trade types indicates a strong preference for calls, suggesting a belief amongst investors in the potential for CrowdStrike's stock to rise.

Predicted Price Range

Analysis of trading volumes and open interest suggests that key market movers are targeting CrowdStrike Holdings within a price range of $300.00 to $500.00 over the past three months. This price band is viewed as a critical area where many traders believe the stock could fluctuate.

Volume & Open Interest Trends

Considering liquidity and investor interest, CrowdStrike Holdings has shown a mean open interest of approximately 1340.92 for its options trades, with a considerable total volume recorded at 13,996.00. These metrics indicate strong engagement from the trading community.

The following chart illustrates the trends in volume and open interest for both call and put options related to large trades of CrowdStrike Holdings within the $300.00 to $500.00 strike price range over the last 30 days.

CrowdStrike Holdings Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CRWD PUT TRADE BEARISH 01/24/25 $3.05 $2.79 $2.96 $330.00 $309.3K 20 1.0K
CRWD CALL TRADE BULLISH 02/21/25 $23.65 $23.2 $23.65 $380.00 $236.5K 896 101
CRWD CALL SWEEP BULLISH 12/20/24 $19.95 $19.3 $19.7 $360.00 $139.8K 1.9K 248
CRWD CALL TRADE BULLISH 01/16/26 $117.8 $117.05 $117.8 $300.00 $117.8K 1.3K 11
CRWD CALL SWEEP BEARISH 12/20/24 $2.15 $1.91 $2.1 $385.00 $93.3K 446 706

About CrowdStrike Holdings

CrowdStrike is a cybersecurity company that operates via cloud-based solutions, focusing on advanced security sectors such as endpoint, cloud workload, identity, and security operations. Its flagship product, the Falcon platform, serves as a comprehensive tool for businesses to detect and mitigate security threats against their IT systems. Established in 2011 and publicly listed in 2019, CrowdStrike continues to be at the forefront of cybersecurity innovation.

Having analyzed the options trading activity surrounding CrowdStrike Holdings, we can shift our focus to a more detailed evaluation of the company's current market status and overall performance.

Present Market Standing of CrowdStrike Holdings

  • Trading volume currently rests at 1,297,276 with CRWD's share price increasing by 2.62%, now at $377.68.
  • Relative Strength Index (RSI) indicators suggest that the stock might be nearing overbought conditions.
  • An earnings announcement is anticipated in 78 days, adding another layer to market sentiment.

Unusual Options Activity Detected: Smart Money on the Move

Monitoring unusual options trading can provide insights into potential market trends before they unfold. Investors can stay informed about significant positions taken by influential investors in favorite stocks, enhancing their trading strategies.

However, it's important to remember that options trading carries higher risks and potential rewards. Savvy traders manage these risks through ongoing education, adaptive strategies, and close monitoring of market conditions. Staying informed about CrowdStrike Holdings options trades with real-time alerts can provide a valuable advantage in the fast-paced trading environment.

Market News and Data are provided for informational purposes only.

© 2024 All rights reserved. This article does not offer any investment advice.

whales, options, trading