The cloud security sector been reporting mixed earnings for the pass weeks. Generally the sector has been under performing the market the past month.
CRWD came down over 17% from its recent swing high, these lots of CSP was opened about a weekish ago when the share price continuously for 2 day found support on the 150 EMA, sighting a possible rebound, a redound indeed, however the share has yet again came back down to this 150 EMA as of last trading session. My strike is way below, thus these contracts have expired worthless and keeping the full premium collected.
CRWD is nearing the support side of this bullish channel it has been Trending within, however if price was to head lower it has to first pass through the 200EMA, will continue to hunt for CSP trade when share price do fall or stay within support level.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 2Lot(s) | +100.00% Closed |
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- Astrid Stephen·2025-08-18Waiting for CSP setups at support,no rush, let price settle.1Report
- Athena Spenser·2025-08-18Bullish channel support near,200 EMA next test if it breaks.1Report
- peepie·2025-08-17Interesting strategy1Report