The cybersecurity stock has had a wild year thus far, surging more than 175% as companies shift more and more of their workflow into the cloud. Options traders are betting that shift will manifest in big gains when Crowdstrike reports after the bell on Wednesday, even after a 14% rally in Tuesday's session.
"Crowdstrike traded two times the average daily option volume by midmorning, more than seven times by the end of the day. The most active [Sep. 4] weekly options were the 150-strike
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Options traders disagree on where Macy's earnings could take the stockMacy's has completely sat out the retail renaissance, and options traders are divided on where the stock will end up after Wednesday's earnings report.
Source: CNBC - 🏆 12. / 72 Read more »
Zoom stock soars after blowout earnings reportStock for video-conferencing software Zoom opened some 35% up Tuesday morning after a blowout earnings report. Awesome. Thanks realDonaldTrump Pandemic paying off for some. Shhhh, dont tell BernieSanders
Source: ABC - 🏆 471. / 51 Read more »
Put these retail stocks in your shopping cart, traders sayYou don't need to pick and choose just one of these two retailers, traders say (via TradingNation) TradingNation I know CNBC has a hard time with the news, especially when it is a neighbor and a friend. TradingNation TradingNation
Source: CNBC - 🏆 12. / 72 Read more »
Economist El-Erian says derivatives show retail traders may be drowned by a large correction in stocks | Markets InsiderMohamed El-Erian said in an op-ed in the Financial Times that the boom in retail trading may slow down as the options market is signalling a cor... Indices can't even have a DOWN DAY let alone a down week.
Source: BusinessInsider - 🏆 729. / 51 Read more »
As Dow undergoes makeover, traders see one stock as best catch-up play to the rallyWith the Dow shaking up its constituents Monday, Craig Johnson of Piper Sandler and Gina Sanchez of Chantico Global agree that one of its beaten-down stocks could be poised to play catch-up.
Source: CNBC - 🏆 12. / 72 Read more »