Christian Fromhertz of Tribeca Trade Group spoke on Bloomberg Markets about his bullish options trade in Salesforce.com CRM.
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When stocks pull back, Fromhertz starts to look at quality names and he sees Salesforce as one of those names. He noticed aggressive call options buying in the name and he wants to buy the July 160 call to make a bullish bet.
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Posted In: Long IdeasOptionsMarketsMediaTrading IdeasBloomberg MarketsChristian FromhertzTribeca Trade Group
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