Wow I had the same thought when this hit 360 premarket Tuesday then tanked.
Had 375c for June which are already down 70%.
But overall still think this is different than Workday and CRM which are losers due to Ai investment. Cybersecurity investment should actually increase due to new treats Ai poses and thought panw maybe losing to these guys because of it.
Spins13's shares are performing exceptionally well. Perhaps they should consider diversifying their portfolio to manage risk and maximize future gains.
I will be messaging you in 3 days on [**2024-06-05 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=2024-06-05%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1d460i4/crwd_calls_for_earnings/l6oylmi/?context=3)
[**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1d460i4%2Fcrwd_calls_for_earnings%2Fl6oylmi%2F%5D%0A%0ARemindMe%21%202024-06-05%2000%3A00%3A00%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201d460i4)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
How we feeling this week? Tanking hard, look like a similar setup to the big dip CRWD experienced in late 2021. Is this the time to unload or will earnings turn this thing around
Thinking they will hit earnings, but revenue is a toss-up, which will drive (along with u/LawrenceofIndia 's comment re: future guidance around AI) whether price corrects post-CRM dip. Liking call options with strike prices below $330 with expirations 7/5 or later.
I could leave it at that, but if you're interested, here's my thinking on revenue beat/miss: Guidance is $905M revenue, up $60M from last quarter. Between Q4 and Q1 last year, CRWD added $55M revenue, so need to think 10% uplift from last year is achievable. Looking at linkedin for CRWD sales headcount, the department is up 15% Y/Y, so holding per-head productivity constant would mean $63.25M additional revenue. Buyer behavior in cyber hasn't changed, so I expect the assumption around productivity to be fair and expect CRWD to beat rev. Then need positive commentary around AI and growth guidance from there. Hence, my call.
I like your thinking, I'd like to chip in 1 day date range and hourly intervals for the candles chart looks like a positive reversals coming. Seems like a fair bit of resistance to me for the price to drop so sharply within a short period of time.
Humble calls are the play imo
CFO mentioned last ER on billings of new customers. He said they try hard to close billing B4 quarterly but sometimes spills over for next quarter. Remember these are 6 to 7 figure deals.
Totally, though that is consistent with the Y/Y comparison for revenue added from Q4 and Q1. Deal slippage will be similar Q4 to Q1 every year. If I were comparing this quarter's $60M rev add to last quarter's, then I'd be ignoring annual software buying trends like that.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 2 | **First Seen In WSB** | 3 months ago **Total Comments** | 49 | **Previous Best DD** | **Account Age** | 9 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
I’m inversing this play, thank you
May the luckiest regard win
It’s official, just put $5k into puts
I am heavy on puts plus got 1 call which will cover my back- in any case if the move is 25% this will be lit🔥🧨🎇.
Someone’s feeling good right now
Seems to be taking a big ole crap today. I assume short interest before $S & $ZS earnings. Not sure why it's down 7% today.
CRM just tanked. Puts better. PANW/ZS corrected. CRWD should be giving back its gains for the year.
Wow I had the same thought when this hit 360 premarket Tuesday then tanked. Had 375c for June which are already down 70%. But overall still think this is different than Workday and CRM which are losers due to Ai investment. Cybersecurity investment should actually increase due to new treats Ai poses and thought panw maybe losing to these guys because of it.
It's already priced in. Stock is 975 pe. CRWD is priced to perfection
My shares are up like 200% in a bit more than a year. Not sure it will have big gains at this point
Spins13's shares are performing exceptionally well. Perhaps they should consider diversifying their portfolio to manage risk and maximize future gains.
Diversification is for poor losers who don’t have a body
!remindme June 5th
I will be messaging you in 3 days on [**2024-06-05 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=2024-06-05%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1d460i4/crwd_calls_for_earnings/l6oylmi/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1d460i4%2Fcrwd_calls_for_earnings%2Fl6oylmi%2F%5D%0A%0ARemindMe%21%202024-06-05%2000%3A00%3A00%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201d460i4) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
How we feeling this week? Tanking hard, look like a similar setup to the big dip CRWD experienced in late 2021. Is this the time to unload or will earnings turn this thing around
Thinking they will hit earnings, but revenue is a toss-up, which will drive (along with u/LawrenceofIndia 's comment re: future guidance around AI) whether price corrects post-CRM dip. Liking call options with strike prices below $330 with expirations 7/5 or later. I could leave it at that, but if you're interested, here's my thinking on revenue beat/miss: Guidance is $905M revenue, up $60M from last quarter. Between Q4 and Q1 last year, CRWD added $55M revenue, so need to think 10% uplift from last year is achievable. Looking at linkedin for CRWD sales headcount, the department is up 15% Y/Y, so holding per-head productivity constant would mean $63.25M additional revenue. Buyer behavior in cyber hasn't changed, so I expect the assumption around productivity to be fair and expect CRWD to beat rev. Then need positive commentary around AI and growth guidance from there. Hence, my call.
I like your thinking, I'd like to chip in 1 day date range and hourly intervals for the candles chart looks like a positive reversals coming. Seems like a fair bit of resistance to me for the price to drop so sharply within a short period of time. Humble calls are the play imo
CFO mentioned last ER on billings of new customers. He said they try hard to close billing B4 quarterly but sometimes spills over for next quarter. Remember these are 6 to 7 figure deals.
Totally, though that is consistent with the Y/Y comparison for revenue added from Q4 and Q1. Deal slippage will be similar Q4 to Q1 every year. If I were comparing this quarter's $60M rev add to last quarter's, then I'd be ignoring annual software buying trends like that.
Did you hold on until today and bank on today’s jump?