whichever way it goes, the upcoming loss porn posts may be unrivaled in scale.
Byaka23 on
I’m afraid, this is not the right approach. First, it’s too obvious and Big Money will be waiting to squeeze the shorts – it’s just a matter of time. Second, CRWD is pretty much the only enterprise solution of this magnitude and impact. Yes, a fuck up happened but the way the company handled it suggests that it’s not likely they’ll be losing major customers because of that. I expect it get back to $350 within a month. I don’t have a position but had the options been cheaper, I’d be in calls with 45-60 days to expiration
Explained the muted impact on share price but we should still look at the movement in the coming days. first look seems to suggest CRWD may come out relatively unscathed.
DYDD.
Makyoman69 on
Time for calls
BabloMela on
Seems like a good short a week ago.
John_Bot on
You’re an idiot.
The time to short it was a week ago
trillionmarketcap on
You do the opposite of what is logical. Full port calls
Nedunchelizan on
It is priced in
Altruistic_Royal_591 on
Everyone at WSB seems to say shorting is a bad idea. So by that logic it should definitely be puts. Bought some Friday.
I think a lot of people still underestimate the implication of this error
StevoFF82 on
Free money, classic!
HungryLikeTheVVolf on
“seems like free money” – So do the opposite?
freshouttabec on
Priced in
ginkokouki on
Why post this now? Everyone already has shorts and puts on since Friday youre too late
ollimann on
nah. if anything you should gamble on long.
Putrid_Pollution3455 on
You saying my calls are toast by August 2nd?
renfang on
Trust is paramount in security and they lost all credibility. Imagine you’re making decisions on what endpoint protection service to buy, are you really going to go with Clownstrike after this?
yldf on
Stop pretending a short on something after it crashed would be free money…
redrover2023 on
then catch the rebound for even more
bbadger16 on
Time to buy calls then?
RemoteCompetitive688 on
Implied volatility
You have to remember what kinds of moves will be priced into the options market
CAtoNC03 on
If the obvious play is to short it, then it’s probably the wrong play. I can’t see them losing enough clients over this to make the company worth 20% less
pointme2_profits on
If it didn’t tank Friday, what makes you think anyone cares now that the crisis is over. They aren’t going anywhere. Clearly they are a dominant worldwide player at whatever it is they do. And it was pretty obvious big money bought the dip Friday morning you missed the target on shorting it by about a week.
fumblemorre on
Your late to the party pal
Wildest12 on
Bro you’re kinda late
AHardCockToSuck on
I have learned that nothing is obvious in the stock market
Longjumping-Limit827 on
Just listen to outkast roses 🌹 🌹
Samjabr on
I bought some puts for post earnings. I think the true pain won’t reflect until their forward guidance (for the short term) comes in as total crap. Stay away from shorter plays, because it’s easy for it to be manipulated. But when the guidance/sales come in as shit, there’s nowhere to hide.
Imagine being a salesperson trying to pitch a company on Crowdstrike.
Also, you know PANW has its salespeople going full throttle right now trying to get contracts. Pelosi is not an easy taskmaster
SentientGamete on
You missed the short action already, calls 6 months out is the play
Certain-Sandwich-694 on
Yeah, I’ll bet you 100% once I buy some puts that it’ll start going up 😂
betasp on
No. But the dip.
_zir_ on
Its gotta be too late for that
wolfiasty on
I mean someone will have to pay for the damages that were incurred by this failure of an update, I’d say fully big damages, and it won’t be MSFT.
I honestly can’t imagine CRWD will not go way lower, but I will definitely not bet any money on that, because I don’t have army of algos and $billions to manipulate share price whichever way it will be more profitable.
So good luck in w/e you will decide.
Tripalicious on
I’m going to buy a LEAPS once it settles
warriorsReaper on
Do it then
Riversntallbuildings on
Go back 6 months, is still up YoY. It’ll be significant if it drops to levels over a year ago or more.
QuirkyAverageJoe on
Too late
Ill-Expression1737 on
short it after down 20%. smart guy
BrisketWhisperer on
Which always scares me.
MRtamerD on
Profitable multinational company in the Fortune 500… tread lightly
jccw on
For sure, the right time to short a stock is definitely after it already lost a ton in the last month and a ton from an incident. The smart money is on vacation on Fridays, so 36 hours later really are early to the party!! You may be the first to have thought about this and acted on it.
parker2020 on
Homie it’s Saturday. Ship has sailed
ChirrBirry on
All those people talking about how they were going to buy $MSFT instead of $NVDA are crying rn.
hambonejonny on
I got a call 8/23 330
imac132 on
I don’t see CrowdStrike failing long term because of this. This was a massive fuck up sure, but a company running software on 3 billion devices with government contracts doesn’t crumble from 1 fuck up.
Buy the dip
IGuessBruv on
Calls on Ftnt
RepulsiRotam on
The legal liabilities from this could definitely wipe out a lot of value
49 Comments
Short it, let’s see what happens
Yes
Maybe too late for the action though
whichever way it goes, the upcoming loss porn posts may be unrivaled in scale.
I’m afraid, this is not the right approach. First, it’s too obvious and Big Money will be waiting to squeeze the shorts – it’s just a matter of time. Second, CRWD is pretty much the only enterprise solution of this magnitude and impact. Yes, a fuck up happened but the way the company handled it suggests that it’s not likely they’ll be losing major customers because of that. I expect it get back to $350 within a month. I don’t have a position but had the options been cheaper, I’d be in calls with 45-60 days to expiration
https://news.sky.com/story/who-will-pay-for-the-worst-it-outage-the-world-has-seen-13181296
Explained the muted impact on share price but we should still look at the movement in the coming days. first look seems to suggest CRWD may come out relatively unscathed.
DYDD.
Time for calls
Seems like a good short a week ago.
You’re an idiot.
The time to short it was a week ago
You do the opposite of what is logical. Full port calls
It is priced in
Everyone at WSB seems to say shorting is a bad idea. So by that logic it should definitely be puts. Bought some Friday.
I think a lot of people still underestimate the implication of this error
Free money, classic!
“seems like free money” – So do the opposite?
Priced in
Why post this now? Everyone already has shorts and puts on since Friday youre too late
nah. if anything you should gamble on long.
You saying my calls are toast by August 2nd?
Trust is paramount in security and they lost all credibility. Imagine you’re making decisions on what endpoint protection service to buy, are you really going to go with Clownstrike after this?
Stop pretending a short on something after it crashed would be free money…
then catch the rebound for even more
Time to buy calls then?
Implied volatility
You have to remember what kinds of moves will be priced into the options market
If the obvious play is to short it, then it’s probably the wrong play. I can’t see them losing enough clients over this to make the company worth 20% less
If it didn’t tank Friday, what makes you think anyone cares now that the crisis is over. They aren’t going anywhere. Clearly they are a dominant worldwide player at whatever it is they do. And it was pretty obvious big money bought the dip Friday morning you missed the target on shorting it by about a week.
Your late to the party pal
Bro you’re kinda late
I have learned that nothing is obvious in the stock market
Just listen to outkast roses 🌹 🌹
I bought some puts for post earnings. I think the true pain won’t reflect until their forward guidance (for the short term) comes in as total crap. Stay away from shorter plays, because it’s easy for it to be manipulated. But when the guidance/sales come in as shit, there’s nowhere to hide.
Imagine being a salesperson trying to pitch a company on Crowdstrike.
Also, you know PANW has its salespeople going full throttle right now trying to get contracts. Pelosi is not an easy taskmaster
You missed the short action already, calls 6 months out is the play
Yeah, I’ll bet you 100% once I buy some puts that it’ll start going up 😂
No. But the dip.
Its gotta be too late for that
I mean someone will have to pay for the damages that were incurred by this failure of an update, I’d say fully big damages, and it won’t be MSFT.
I honestly can’t imagine CRWD will not go way lower, but I will definitely not bet any money on that, because I don’t have army of algos and $billions to manipulate share price whichever way it will be more profitable.
So good luck in w/e you will decide.
I’m going to buy a LEAPS once it settles
Do it then
Go back 6 months, is still up YoY. It’ll be significant if it drops to levels over a year ago or more.
Too late
short it after down 20%. smart guy
Which always scares me.
Profitable multinational company in the Fortune 500… tread lightly
For sure, the right time to short a stock is definitely after it already lost a ton in the last month and a ton from an incident. The smart money is on vacation on Fridays, so 36 hours later really are early to the party!! You may be the first to have thought about this and acted on it.
Homie it’s Saturday. Ship has sailed
All those people talking about how they were going to buy $MSFT instead of $NVDA are crying rn.
I got a call 8/23 330
I don’t see CrowdStrike failing long term because of this. This was a massive fuck up sure, but a company running software on 3 billion devices with government contracts doesn’t crumble from 1 fuck up.
Buy the dip
Calls on Ftnt
The legal liabilities from this could definitely wipe out a lot of value