Date: 9/1/2020

Company: Crowdstrike Hldgs Inc

Symbol: CRWD

Summary:

• Earnings Date: Set for 9/2
• Options Play: CRWD 9/4 $145 CALL
• Entry: $4.25

Suggested Strategy:

Open 3 or more positions prior to earnings.  Exit half of your positions on 9/2 starting at $20 to reduce or eliminate risk altogether.  Keep remaining position through earnings.  You may buy an O-O-M Put as insurance to cover CALL.

Order Details

• Action: Buy to Open
• Symbol: CRWD
• Quantity: 3 or more contracts
• Expiration: Sept 4
• Strike: 145
• Type: CALL
• Limit price: $4.25

Stock Target Price: $170

Total cost of trade: Min $1,275