What the Options Market Tells Us About CrowdStrike Holdings
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD) based on significant options activity. Benzinga's options scanner highlighted 78 extraordinary options activities, with 55% of the sentiment being bearish. The trading activity suggests a price target range of $80.0 to $430.0. The current market status shows CRWD down by -1.44% at $346.4, with RSI indicators hinting it may be overbought. Analysts have mixed opinions, with price targets ranging from $400 to $422.
May 28, 2024 | 8:45 pm
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CrowdStrike Holdings (NASDAQ:CRWD) has seen significant bearish sentiment from deep-pocketed investors based on options activity. The stock is currently down -1.44% at $346.4, with RSI indicators suggesting it may be overbought. Analysts have mixed opinions, with price targets ranging from $400 to $422.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options activity, suggests a potential short-term decline in CRWD's stock price. The current market status and RSI indicators further support this outlook. However, mixed analyst opinions provide some level of uncertainty.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100