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CRM / Salesforce stock options priced for much bigger than usual move reaction earnings

Salesforce stock options priced for much bigger than usual move reaction earnings
Salesforce.com Inc.'s stock CRM, -0.02% rose 0.2% in afternoon trading Tuesday, and was one of just four of 30 Dow Jones Industrial Average DJIA, -2.24% components gaining ground, ahead of the customer-relationship-management software company's fiscal fourth-quarter results due out after the closing bell. An options strategy known as a straddle is priced for a one-day post-earnings price move of $18.42 in either direction on Wednesday, or about a 36% bigger move than the average move over the past 12 quarters of $13.50, according to data provided by Option Research & Technology Services (ORATS) Principal Matt Amberson. Read More
Posted: Mar 1 2022, 13:30
Author Name: Market Watch
Views: 111461

CRM News  

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Salesforce: AI Expansion Already Well Priced Into Valuation

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