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A Closer Look at Salesforce's Options Market Dynamics

Benzinga ·  Jun 28 22:16

Deep-pocketed investors have adopted a bearish approach towards Salesforce (NYSE:CRM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Salesforce. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 21% leaning bullish and 42% bearish. Among these...

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