Deep-pocketed investors have adopted a bullish approach towards Salesforce CRM, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 55 extraordinary options activities for Salesforce. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 54% leaning bullish and 34% bearish. Among these notable options, 15 are puts, totaling $573,336, and 40 are calls, amounting to $2,433,937.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $440.0 for Salesforce over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Salesforce's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Salesforce's whale activity within a strike price range from $160.0 to $440.0 in the last 30 days.
Salesforce Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume CRM CALL TRADE BULLISH 05/16/25 $15.35 $15.15 $15.3 $400.00 $198.9K 756 145 CRM CALL SWEEP BULLISH 12/27/24 $3.35 $3.3 $3.34 $370.00 $134.0K 247 406 CRM CALL SWEEP BEARISH 12/27/24 $3.15 $2.88 $2.88 $370.00 $115.2K 247 846 CRM CALL SWEEP NEUTRAL 03/21/25 $22.35 $21.9 $22.1 $360.00 $92.8K 1.0K 82 CRM CALL SWEEP BULLISH 06/18/26 $56.9 $56.85 $56.85 $380.00 $85.2K 55 15 About Salesforce
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
In light of the recent options history for Salesforce, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Salesforce Trading volume stands at 2,732,782, with CRM's price down by -0.26%, positioned at $350.64. RSI indicators show the stock to be may be approaching overbought. Earnings announcement expected in 78 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Salesforce, Benzinga Pro gives you real-time options trades alerts.
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