
CrowdStrike Holdings (CRWD) announced strong revenue and free cash flow (FCF) results on Nov. 26. However, CRWD stock has already risen in anticipation. Is it fully valued? Possibly, but its FCF and margins are still strongl.
As a result, one way to play this is to sell short out-of-the-money (OTM) put options to set a lower buy-in target price. This article will discuss how to do this.