Some people with lots of money think that CrowdStrike Holdings will not do well in the future. They used something called options to show this. Options are like bets on how a company will perform. The article says that when big-money traders do these kinds of bets, it could mean they know something we don't. Read from source...

- The article has no clear structure or organization, it jumps from one topic to another without providing a coherent narrative.
- The article uses vague and ambiguous terms such as "a lot of money", "investors with a lot of money", "wealthy individuals" and "big-money traders" without defining them or providing any evidence of their wealth or influence.
- The article makes unsupported claims that these investors know something is about to happen, without explaining what that something is or how they found out about it.
- The article relies on an options scanner that spotted 20 uncommon trades as a basis for its analysis, but does not provide any details on the nature, size, timing, direction, or implications of these trades.
- The article presents a biased and skewed view of the overall sentiment of these investors, by only focusing on the 60% bearish side and ignoring the 40% bullish side.

1. Bearish put spread: Sell a CRWD Feb 25 $180 put and buy a CRWD Feb 25 $170 put for a net credit of $10 per contract. The breakeven point is $180, and the risk-reward ratio is 1:3. This strategy is suitable for investors who expect the stock price to remain within the range of $170-$180 by expiration date.
2. Bullish call spread: Buy a CRWD Feb 25 $190 call and sell a CRWD Feb 25 $200 call for a net debit of $10 per contract. The breakeven point is $190, and the risk-reward ratio is 1:3. This strategy is suitable for investors who expect the stock price to rise above $190 by expiration date.
3. Bull call spread with a protective put: Buy a CRWD Feb 25 $200 call and sell a CRWD Feb 25 $190 call for a net debit of $10 per contract, and buy a CRWD Feb 25 $170 put for a net debit of $5 per contract. The breakeven point is $195, and the risk-reward ratio is 1:3. This strategy is suitable for investors who expect the stock price to rise significantly above $190 by expiration date, but also want to protect themselves from a possible decline below $170.
4. Iron condor: Sell a CRWD Feb 25 $180 put and buy a CRWD Feb 25 $170 put for a net credit of $10 per contract, and sell a CRWD Feb 25 $190 call and buy a CRWD Feb 25 $200 call for a net debit of $10 per contract. The breakeven point is $180 or $190, and the risk-reward ratio is 1:3. This strategy is suitable for investors who expect the stock price to remain within a tight range between $170-$200 by expiration date, and are willing to accept a limited profit or loss.
5. Covered call: Sell a CRWD Feb 25 $200 call for a net credit of $10 per contract. The breakeven point is $200, and the risk-reward ratio is 1:3. This strategy is suitable for investors who already own shares of CRWD and want to generate income from the stock while maintaining their current position.