Moderately bullish activity in Salesforce (CRM), with shares up $2.11, or 0.93%, near $230.16. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 1.48. Implied volatility (IV30) is higher by 6.5 points near 41.29,and above the 52wk median, suggesting an expected daily move of $5.99. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRM:
- Lockheed Martin, PG&E, Salesforce, Wells Fargo announce launch of Emberpoint
- Private Markets: SpaceX lining up banks for IPO
- ‘AI Is Probably in a Bubble,’ Says OpenAI Chairman
- Orlando Bravo tells FT software selloff creating ‘huge buying opportunity’
- ServiceNow (NOW) Partners with OpenAI to Deploy AI Agents in Enterprise Software