Pre-earnings options volume in Salesforce is 2.5x normal with calls leading puts 8:7. Implied volatility suggests the market is anticipating a move near 6.0%, or $16.19, after results are released. Median move over the past eight quarters is 6.5%.
Claim 30% 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:
- Options Volatility and Implied Earnings Moves Today, May 29, 2024
- Salesforce (NYSE:CRM) Pre-Earnings: Here’s What to Expect
- Options Volatility and Implied Earnings Moves This Week, May 28 – May 30, 2024
- Dell, Salesforce among ‘boring but wonderful’ tech stocks, Barron’s says
- Unusually active option classes on open May 24th