Crowdstrike Stock is a Rocket Ship!

Crowdstrike (CRWD) is a stock I held late last year through options positions. I liked the stock long-term but figured I could play its gradual appreciation through a poor man's covered call strategy.

Blown away...

I didn't account for the stock turning into a rocket ship!

That is a daily chart of the stock. I mean, we saw a nice consolidation last summer into the winter before an initial breakout of the range.

Then the stock went bonkers! Ripping from the high 100s into the low 300s.

The move this year already is quite robust too and when I look at the chart I feel like I'm looking at bitcoin when it is in a bull market.