tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Option traders moderately bearish in Salesforce with shares down 1.2%

Option traders moderately bearish in Salesforce (CRM), with shares down $2.84 near $234.16. Options volume relatively light with 39k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 1.0 points near 34.09,and above the 52wk median, suggesting an expected daily move of $5.03. Put-call skew steepened, indicating increased demand for downside protection.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1