Market Overview

Mike Khouw Sees Unusual Options Activity In Salesforce

Related CRM
18 Internet Stocks And What To Do With Them
33 Biggest Movers From Yesterday
Old National Bancorp Buys Vanguard Value, Vanguard Short-Term Inflation-Protected Securities, ... (GuruFocus)

On CNBC's "Options Action", Mike Khouw said there was an above average options trading activity in, inc. (NYSE: CRM) on Tuesday.

The most active options were the March 110 calls. Over 4,000 contracts were traded for the average price of $7.80. The trade breaks even at $117.80 or 1.14 percent above the current stock price.

The company is going to report earning on Wednesday and the options market is expecting a move of 4.2 percent in either direction.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


Related Articles (CRM)

View Comments and Join the Discussion!