Send me real-time posts from this site at my email

Big Gainer Alert: Trading today’s 7.2% move in SALESFORCE.COM

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for SALESFORCE.COM (CRM) for the 8-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CRM was recently trading at $144.00 and has an implied volatility of 42.10% for this period. Based on an analysis of the options available for CRM expiring on 8-May-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $144.13-$163.34 at expiration. In this scenario, the average linear return for the trade would be 17.98%.

Big 7.21% Change: After closing the last trading session at $134.31, SALESFORCE.COM opened today at $139.00 and has reached a high of $144.23.

Trade approach: A movement as big as 7.21% is a significantly bullish indicator, so this trade is designed to be profitable if CRM maintains its current direction and does not revert back to pricing on the bearish side of $144.00 on 8-May-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if SALESFORCE.COM closes at or above $143.00 on 8-May-2020. Based on our risk-neutral analysis, there is a 52.50% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.

Welcome!!! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue