Analysis

Salesforce: Current Movements in Options Activity

Published December 6, 2024

Investors with substantial capital are currently adopting a bearish outlook on Salesforce CRM.

This is noteworthy for retail traders.

We observed significant trades today, which have been recorded in publicly accessible options history.

It remains unclear whether these transactions are initiated by institutional investors or affluent individuals. However, when there is considerable activity surrounding CRM, it often suggests that some investors may have insights about future developments.

So, what actions have these major investors taken?

Today, our options scanner identified 36 unusual options trades related to Salesforce.

This level of activity is above average.

The sentiment among these high-value traders shows a division, with 30% exhibiting a bullish stance, while 41% are bearish.

Among the uncommon options trades we analyzed, 4 were puts totaling $179,534, and 32 were calls, amounting to $1,400,137.

Forecasted Price Range

From the recent trading patterns, it appears that significant investors are targeting a price range between $220.0 and $400.0 for Salesforce over the past three months.

Volume and Open Interest Trends

Studying volume and open interest is crucial for understanding stock dynamics. This data is essential for assessing liquidity and interest levels concerning Salesforce's options at specific strike prices. Below is a snapshot of the trends in volume and open interest for both calls and puts for Salesforce's major trades, spanning a strike price range of $220.0 to $400.0 over the last month.

Salesforce Call and Put Volume: 30-Day Summary

Significant Options Activity:

Symbol PUT/CALL Trade Type Sentiment Expiration Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CRM CALL TRADE BEARISH 01/16/26 $133.9 $132.65 $133.0 $250.00 $133.0K 595 12
CRM CALL TRADE BULLISH 12/27/24 $11.8 $11.4 $11.8 $360.00 $118.0K 518 207
CRM PUT SWEEP BEARISH 02/21/25 $39.0 $38.6 $39.0 $400.00 $101.4K 1 26
CRM CALL SWEEP BULLISH 12/06/24 $25.4 $24.0 $25.4 $340.00 $76.2K 4.6K 45
CRM CALL TRADE NEUTRAL 03/21/25 $30.35 $29.85 $30.11 $360.00 $75.2K 1.0K 26

About Salesforce

Salesforce provides cloud computing solutions designed for businesses. The company specializes in customer relationship management technology, facilitating connections between organizations and their clients. Through its Customer 360 platform, Salesforce offers a comprehensive overview by integrating customer data across various systems, applications, and devices, enabling companies to manage sales, service, marketing, and commerce effectively. Additionally, Salesforce features services like Service Cloud for customer support, Marketing Cloud for digital outreach campaigns, and Commerce Cloud as an e-commerce platform. The Salesforce Platform empowers businesses to develop applications, while solutions like MuleSoft focus on data integration.

After examining Salesforce's options trading activity, we shift our focus directly to the company to better understand its current market position and performance.

Salesforce's Current Standing

  • Currently, CRM is trading at a price of $362.51, reflecting a slight increase of 0.31% with a trading volume of 2,919,534.
  • Present RSI values hint that the stock may be nearing an overbought condition.
  • The upcoming earnings report is expected in approximately 82 days.

Unusual Options Activity Identified: Strategic Movements by Informed Investors

Monitoring unusual options activity can provide insights into potential market shifts before they occur. Being aware of the positions that significant investors are taking can offer valuable information. Stay updated on the latest Salesforce options trades with real-time alerts.

Market insights and data provided by various financial platforms.

Salesforce, Options, Trading