Investors with a lot of money to spend have taken a bullish stance on Salesforce (NYSE:CRM).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CRM, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 16 uncommon options trades for Salesforce.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 31%, bearish.
Out of all of the special options we uncovered, 8 are puts, for a total amount of $523,118, and 8 are calls, for a total amount of $327,798.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $210.0 and $280.0 for Salesforce, spanning the last three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Salesforce's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Salesforce's substantial trades, within a strike price spectrum from $210.0 to $280.0 over the preceding 30 days.
Salesforce Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CRM | PUT | TRADE | BEARISH | 01/16/26 | $52.2 | $49.7 | $51.19 | $280.00 | $163.8K | 121 | 32 |
| CRM | PUT | TRADE | BEARISH | 04/17/26 | $8.25 | $7.75 | $8.25 | $210.00 | $80.8K | 1.0K | 3 |
| CRM | PUT | TRADE | BEARISH | 09/18/26 | $38.0 | $35.35 | $37.16 | $250.00 | $74.3K | 880 | 0 |
| CRM | CALL | SWEEP | BEARISH | 02/20/26 | $2.41 | $2.4 | $2.41 | $250.00 | $68.8K | 3.3K | 28 |
| CRM | CALL | SWEEP | NEUTRAL | 01/15/27 | $31.95 | $30.05 | $31.15 | $240.00 | $68.7K | 875 | 51 |
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 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 1,984,083, with CRM's price down by -2.42%, positioned at $227.87.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 40 days.
Professional Analyst Ratings for Salesforce
2 market experts have recently issued ratings for this stock, with a consensus target price of $314.0.
- An analyst from RBC Capital persists with their Sector Perform rating on Salesforce, maintaining a target price of $290.
- An analyst from Barclays persists with their Overweight rating on Salesforce, maintaining a target price of $338.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.
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