Mixed options sentiment in Salesforce (CRM), with shares up $1.37, or 0.76%, near $181.55. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.76. Implied volatility (IV30) dropped 0.03 near 51.95, in the highest 10% of observations over the past year, suggesting an expected daily move of $5.94. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRM:
- Amazon Is Coming for the Workplace SaaS Market With New AI Tools
- Midday Fly By: OpenAI said to miss targets, Coca-Cola reports Q1 beat
- Salesforce, Slack sue Microsoft at London’s High Court, Reuters says
- Salesforce Stock Slumps, But AI Bet Signals Big Upside
- Mixed options sentiment in Salesforce with shares up 2.93%