Tim Biggam's Morning Trade: Crowdstrike (CRWD)

Tim Biggam is looking at CRWD from a neutral standpoint based on price action and richly valued fundamentals. With price resistance at $225 and support at $175 Tim sets up an iron condor outside of the market maker move. Implied volatility is rich in premiums and the expected 1 standard deviation price gives traders a plus or minus $9.00 expected move by expiration this Friday.

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Tim Biggam's Morning Trade: Crowdstrike (CRWD)

Tim Biggam is looking at CRWD from a neutral standpoint based on price action and richly valued fundamentals. With price resistance at $225 and support at $175 Tim sets up an iron condor outside of the market maker move. Implied volatility is rich in premiums and the expected 1 standard deviation price gives traders a plus or minus $9.00 expected move by expiration this Friday.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

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