Unpacking the Latest Options Trading Trends in CrowdStrike Holdings
Portfolio Pulse from Benzinga Insights
Financial analysts have observed a bullish trend in options trading for CrowdStrike Holdings (NASDAQ:CRWD), with 63% of trades being bullish. The trading range for CRWD's options is between $165.0 and $410.0. The company, a leader in cloud-based cybersecurity, is currently trading at $316.87, up 1.38%, with an RSI suggesting it may be approaching overbought territory. Analysts from Cantor Fitzgerald and Keybanc have set price targets at $400 and $376, respectively, indicating a positive outlook on the stock.
May 08, 2024 | 3:01 pm
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POSITIVE IMPACT
CrowdStrike Holdings shows a bullish trend in options trading, with analysts setting high price targets. The stock is currently up, trading at $316.87.
The bullish options trading trend and positive analyst ratings suggest a strong short-term outlook for CRWD. The current price increase and the anticipation of earnings release further support this positive sentiment. However, the RSI nearing overbought territory could indicate potential volatility or a short-term pullback.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100