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 42 uncommon options trades for Salesforce.
This isn't normal.
The overall sentiment of these big-money traders is split between 47% bullish and 42%, bearish.
Out of all of the special options we uncovered, 11 are puts, for a total amount of $2,010,542, and 31 are calls, for a total amount of $4,007,326.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $400.0 for Salesforce, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Salesforce's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Salesforce's whale trades within a strike price range from $200.0 to $400.0 in the last 30 days.
Salesforce 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CRM | CALL | SWEEP | BEARISH | 08/15/25 | $75.5 | $75.25 | $75.25 | $280.00 | $1.6M | 414 | 221 |
| CRM | PUT | SWEEP | BULLISH | 03/21/25 | $13.6 | $13.4 | $13.4 | $330.00 | $809.4K | 1.6K | 651 |
| CRM | PUT | TRADE | BEARISH | 02/21/25 | $32.3 | $31.6 | $32.15 | $370.00 | $643.0K | 56 | 100 |
| CRM | CALL | TRADE | BULLISH | 06/20/25 | $88.6 | $87.4 | $88.15 | $260.00 | $555.3K | 525 | 67 |
| CRM | CALL | TRADE | BULLISH | 03/07/25 | $17.75 | $16.1 | $17.75 | $340.00 | $321.2K | 197 | 181 |
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.
In light of the recent options history for Salesforce, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Salesforce
- With a trading volume of 2,910,495, the price of CRM is down by -0.39%, reaching $340.37.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 23 days from now.
Expert Opinions on Salesforce
3 market experts have recently issued ratings for this stock, with a consensus target price of $349.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Showing optimism, an analyst from TD Cowen upgrades its rating to Buy with a revised price target of $400. * Maintaining their stance, an analyst from Needham continues to hold a Buy rating for Salesforce, targeting a price of $400. * Reflecting concerns, an analyst from Guggenheim lowers its rating to Sell with a new price target of $247.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Salesforce with Benzinga Pro for real-time alerts.
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