Bootrade
2024-07-23

$CrowdStrike Holdings, Inc.(CRWD)$ 

How low the stock price can it be? 

This stock has raise 65% YTD since the beginning of 2024. Initial price at $251 to $371 peak, currently the YTD is at $264. The stock remain positive YTD but with uncertainty of this stock, I believe stock price will continue fall to negative YTD as nobody knows what this company lies ahead. It may takes months or year once the dust settles. I will be offloading $CRWD 20240726 250.0 PUT$ at roll over to $CRWD 20240802 250.0 PUT$ with profits. My tarprice would be around $235-$240 range to offload my options. It's better to safeguard cash as recent fall in US500 shows diversion risk which may not be ideal until month end release earning from big tech companies. Investors are watching on release earning before making the next move. 

💰Stocks to watch today?(21 Jan)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Barcode
    2024-07-23
    Barcode
    Interesting take on CRWD’s potential decline. Safeguarding cash might be a wise move in this volatile market. 🍀 - BC
    • Bootrade
      Yes correct. Big tech earning season is here it will provide investor guidance forward.
  • VivianLau
    2024-07-23
    VivianLau

    买看跌期权还是卖看跌期权?

    • Bootrade
      卖出我的看跌期权,并在稍后到期时买入看跌期权。由于最低RSI,预计会出现一些回调。预计股票年初至今表现为负,投资者不喜欢不确定性。
  • MooreAlcott
    2024-07-23
    MooreAlcott
    Possible
Leave a comment
5
2