Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

A Bullish Opportunity in CrowdStrike (CRWD) with OptionsPlay Strategy Center

by November 25, 2024
November 25, 2024
A Bullish Opportunity in CrowdStrike (CRWD) with OptionsPlay Strategy Center

As cyber threats continue to escalate globally, CrowdStrike Holdings, Inc. (CRWD) has emerged as a leading cybersecurity firm poised for significant growth. After an outage earlier this year, CrowdStrike’s stock price has lagged for much of 2024, but recent stock price action suggests that CRWD is potentially gearing up to break out. In this analysis, we’ll explore the bullish signals from both technical and fundamental perspectives and outline an optimal options strategy to capitalize on this opportunity—all identified instantly using the OptionsPlay Strategy Center within StockCharts.com.

Examining CRWD’s chart reveals several compelling bullish indicators:

Recovery above gap level of $335. CRWD has rebounded above the critical gap level of $335, previously affected by a failed release that impacted Microsoft Corp. (MSFT). This recovery signifies a strong reversal in market sentiment.Breakout and retest of support. The stock has broken above this important resistance level and successfully retested it as support.Momentum towards 52-week highs. With the successful retest, CrowdStrike’s stock price shows signs of potentially retesting its 52-week highs around $400 and breaking out above it.

FIGURE 1. DAILY CHART OF CROWDSTRIKE STOCK PRICE. CRWD has broken above an important resistance level and could retest its 52-week high, potentially even breaking above it.Chart source: StockCharts.com. For educational purposes.

CrowdStrike’s fundamentals further bolster the bullish thesis:

Robust revenue growth. In its Q2 FY2025 earnings report dated August 30, 2024, CrowdStrike reported revenue of $963.9 million, marking a 32% year-over-year increase.Significant ARR increase. The company’s Annual Recurring Revenue (ARR) grew by 32% to $3.86 billion, with $217.6 million added in the quarter.Improved profitability. CrowdStrike achieved a net income of $47 million, reflecting enhanced profitability and operational efficiency.

Despite the challenges posed by the outage, CrowdStrike’s strong revenue and ARR growth demonstrate its resilience and robust market demand for its cybersecurity solutions. The company’s focus on innovation and expanding its product offerings positions it well for long-term growth in the competitive cybersecurity landscape.

Options Strategy for CrowdStrike

 To capitalize on this bullish outlook, the OptionsPlay Strategy Center suggests selling the January 3, 2025, $370/$340 Put Vertical for a $12.80 credit per share.

Trade Structure of the Put Vertical

Sell: January 3, 2025, $370 put option at $21.40Buy: January 3, 2025, $340 Put Option at $8.60Net Credit: $1,280 per contract

FIGURE 2. RISK CURVE AND TRADE DETAILS OF CROWDSTRIKE PUT VERTICAL STRATEGY. The put vertical strategy allows you to profit even if CrowdStrike’s stock price moves sideways.Image source: OptionsPlay Strategy Center in StockCharts.com. For educational purposes.

Trade Details

Maximum Potential Reward: $1,280Maximum Potential Risk: $1,720Breakeven Point: $357.20Probability of Profit: 56.30%

 This bullish strategy, known as a bull put spread, profits if CrowdStrike’s stock price remains above the breakeven point by the expiration date.

This strategy benefits from time decay and allows for profit even if the stock remains stagnant or rises moderately. It provides a favorable risk-to-reward ratio while aligning with the bullish outlook on CrowdStrike.

Unlock Real-Time Trade Ideas

This bullish opportunity in CrowdStrike stock was swiftly identified using the OptionsPlay Strategy Center within StockCharts.com. The platform automatically scanned the market, highlighted CRWD as a strong candidate for continued upward movement, and structured the optimal options trade in real-time (see below).

FIGURE 3. CRWD SCREENED AS BULLISH OUTPERFORMER. By selecting Bullish Outperformance from the Technical Scan dropdown menu and Bull Put Strategy from the Strategy dropdown menu, CRWD was screened as a candidate for further upside.Image source: StockCharts.com. For educational purposes.

By subscribing to the OptionsPlay Strategy Center, you can:

Effortlessly Discover Trading Opportunities. Access comprehensive technical and options strategies in real time to find the best trading opportunities.Receive Optimal Trade Structuring. Get tailored options strategies that align with your market outlook and risk tolerance.Save Time with Actionable Insights. Eliminate hours of research with actionable trade ideas delivered instantly, allowing you to make informed decisions swiftly.

Don’t miss out on valuable trading opportunities. Subscribe to the OptionsPlay Strategy Center today and elevate your trading journey with tools designed to keep you ahead of the market. Access real-time trade ideas like the one discussed in this article and find the best options trades within seconds daily. Let OptionsPlay be your partner in navigating the markets efficiently and effectively.

0
FacebookTwitterGoogle +Pinterest
previous post
Seattle Transit Agency Doing the Two-Step to Get Federal Funds for Light Rail
next post
Market Movements Today: Investors Rejoice as Stocks Rally, Bitcoin and Gold Backslide

You may also like

Is This The Look For 2023?

January 6, 2023

Where You Can Find The “Health” in the...

October 5, 2023

Will NFLX Pierce Through Resistance With Breakthrough Earnings?...

April 17, 2024

Welcome to the Tom and Jerry Markets

May 8, 2023

Improve Your Entry Points

August 10, 2023

Cruise Line Stocks Just Exploded! Here’s What You...

June 25, 2024

Stock Market Welcomes Us Home in a Big...

November 15, 2023

SPY Has a Clear Level to Beat

January 21, 2023

Shifting Tides in the Stock Market: A New...

June 24, 2025

New Tables Show That Intermediate-Term Overview Is Negative

September 28, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How Staff Can Strengthen HIPAA Compliance and Security

      June 29, 2025
    • Lotus denies plans to close Hethel factory amid US expansion talks

      June 29, 2025
    • Top university degrees lose sway as tech employers prioritise job-ready skills

      June 29, 2025
    • Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

      June 29, 2025
    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025
    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025

    Categories

    • Business (8,334)
    • Investing (2,081)
    • Politics (15,853)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved