🔸 $CRWD — 425/460 Bull Put Spread
Net P/L: +$766.50 (63.61%)
Days to Expiration: 30
Chart: Clean uptrend, price is holding above the 10-day SMA and trading just below all-time highs. Stock has been trending steadily without overextension.
Indicators:
RSI: 63 (healthy, not overbought)
MACD: — still bullish, but histogram has flattened
Stochastic: 84 (elevated but not reversing)
Volume: Normal, no warning signs
MAs: Price comfortably above all major moving averages
Suggested Action:
Hold to Expiration if you're comfortable with the open risk — chart supports continuation, and the trade is far from breakeven.
Set a Conditional Exit if price breaks the 10-day SMA (~$484) to lock in gains and avoid giving back profit.
Take Profit Now is the cleanest option — you’ve captured over 63% of the premium with 30 days left and plenty of bullish names to rotate into.
My Take:
Personally, I’m closing it here — bagging the 63%, clearing the margin, and moving on. Great trade. It did its job.
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*Disclaimer: These trades reflect my own strategy and opinion, not financial advice.