Option traders moderately bearish in Salesforce (CRM), with shares down $5.67 near $240.34. Options volume relatively light with 33k contracts traded and puts leading calls for a put/call ratio of 1.2, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 2.0 points near 48.14, in the highest 10% of observations over the past year, suggesting an expected daily move of $7.29. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Salesforce (CRM) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Claim 70% Off TipRanks This Holiday Season
- 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:
- Salesforce to acquire agentic enterprise search company Doti
- Moderately bullish activity in Salesforce with shares up 0.61%
- C3.ai (AI) Explores the Possibility of Selling Itself
- Salesforce (NYSE:CRM) to Acquire Spindle AI in Push for Smarter, Autonomous Enterprise Software
- Salesforce Stock Slips: AI Concerns or Opportunity?