$CrowdStrike Holdings, Inc.(CRWD)$
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.
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buy put or sell put?