What the Options Market Tells Us About CrowdStrike Holdings - CrowdStrike Holdings (NASDAQ:CRWD)

Core Viewpoint - Deep-pocketed investors are adopting a bearish approach towards CrowdStrike Holdings, indicating that significant market movements may be imminent [1] Options Activity - Benzinga's options scanner highlighted 9 extraordinary options activities for CrowdStrike, with 55% of heavyweight investors leaning bearish and only 11% bullish [2] - Notable options include 2 puts totaling $61,284 and 7 calls amounting to $464,693 [2] Predicted Price Range - Big players are eyeing a price window for CrowdStrike Holdings between $300.0 and $570.0 over the past quarter [3] Volume & Open Interest Trends - Analyzing volume and open interest provides insights into liquidity and interest for CrowdStrike's options within the $300.0 to $570.0 strike price range over the last 30 days [4] Significant Options Trades - Recent significant options trades include: - A bullish call trade with a strike price of $300.00 totaling $211,000 [8] - A neutral call trade with a strike price of $440.00 totaling $65,300 [8] - A bearish call trade with a strike price of $480.00 totaling $51,200 [8] - Another bearish call trade with a strike price of $500.00 totaling $40,500 [8] Company Overview - CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security solutions, primarily through its Falcon platform [9] - The company was founded in 2011 and went public in 2019 [9] Current Market Status - Analysts have set an average price target of $527.0 for CrowdStrike, with varying ratings from different firms: - Neutral rating with a target of $485 from Macquarie [11] - Hold rating with a target of $515 from Canaccord Genuity [11] - Positive rating with a target of $600 from Susquehanna [11] - Buy rating with a target of $575 from Needham [11] - In-Line rating with a target of $460 from Evercore ISI Group [11] Trading Performance - CrowdStrike is currently trading at $485.31, up by 1.69% with a volume of 611,256 [13] - RSI readings indicate the stock is neutral between overbought and oversold [13] - Anticipated earnings release is in 74 days [13]