Investors with a lot of money to spend have taken a bullish stance on Salesforce 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 31 uncommon options trades for Salesforce.
This isn't normal.
The overall sentiment of these big-money traders is split between 45% bullish and 41%, bearish.
Out of all of the special options we uncovered, 15 are puts, for a total amount of $1,668,369, and 16 are calls, for a total amount of $1,012,885.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $370.0 for Salesforce over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Salesforce stands at 1111.62, with a total volume reaching 5,905.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Salesforce, situated within the strike price corridor from $70.0 to $370.0, throughout the last 30 days.
Salesforce Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CRM | PUT | SWEEP | BULLISH | 03/21/25 | $4.55 | $4.35 | $4.38 | $280.00 | $926.9K | 2.2K | 2.1K |
| CRM | CALL | SWEEP | BEARISH | 03/21/25 | $21.75 | $21.7 | $21.7 | $320.00 | $358.0K | 969 | 481 |
| CRM | PUT | TRADE | BEARISH | 06/20/25 | $14.7 | $14.4 | $14.7 | $300.00 | $220.5K | 1.5K | 170 |
| CRM | CALL | TRADE | BULLISH | 01/24/25 | $3.5 | $3.4 | $3.5 | $327.50 | $105.0K | 540 | 449 |
| CRM | PUT | SWEEP | BULLISH | 01/17/25 | $15.9 | $15.4 | $15.4 | $335.00 | $69.3K | 397 | 100 |
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 to 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.
Following our analysis of the options activities associated with Salesforce, we pivot to a closer look at the company's own performance.
Current Position of Salesforce
- Trading volume stands at 769,758, with CRM's price up by 0.25%, positioned at $321.95.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 41 days.
Expert Opinions on Salesforce
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $368.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Needham persists with their Buy rating on Salesforce, maintaining a target price of $400. * In a cautious move, an analyst from Guggenheim downgraded its rating to Sell, setting a price target of $247. * An analyst from Macquarie persists with their Neutral rating on Salesforce, maintaining a target price of $370. * An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $375. * An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $450.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Salesforce options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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