Salesforce (CRM) Offering Possible 40.85% Return Over the Next 9 Calendar Days

view original post

Salesforce’s most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $305.00 short put and a strike $300.00 long put offers a potential 40.85% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $305.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $300.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Salesforce is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Salesforce is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Salesforce

Tableau outlines product vision and the future of analytics at Tableau Conference 2021
Tue, 09 Nov 2021 08:01:00 +0000
Tableau, the world’s leading analytics platform (NYSE: CRM), is sharing its vision to make analytics more powerful, trusted, collaborative and easier to use. The Tableau Conference keynote will introduce new and future innovations to help anyone, anywhere, work with any data through collaborative analytics, AI-powered insights, trusted data at scale and an expanded platform and ecosystem. The event will also showcase customers like Lyft, the Seattle Seahawks and Jaguar Land-Rover who will share

Tableau Pledges to Train 10 Million Data People
Tue, 09 Nov 2021 08:01:00 +0000
Tableau, the world’s leading analytics platform (NYSE: CRM), has announced a commitment to enable 10 million data learners over the next five years. Data literacy is increasingly vital to modern organizations. While 83 percent of CEOs1 expect their organizations to be more data-driven, people often lack essential data skills with only 33 percent of employees comfortable using data analytics to support their decisions.

Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know
Mon, 08 Nov 2021 22:45:10 +0000
Salesforce.com (CRM) closed at $309.96 in the latest trading session, marking a +0.88% move from the prior day.

Is Salesforce Stock A Buy? With Slack, Battle Versus Microsoft Enters New Phase
Mon, 08 Nov 2021 13:35:55 +0000
Rising corporate spending on digital transformation projects has boosted CRM stock. With the Slack deal closed, merger synergies will be key.

4 Supercharged Growth Stocks That Could Be Worth $1 Trillion in 15 Years (or Less)
Sun, 07 Nov 2021 11:06:00 +0000
In fact, the following four supercharged growth stocks all have the potential to be worth $1 billion in 15 years, if not sooner. The largest growth stock on this list by market cap is payment facilitator Mastercard (NYSE: MA), which is effectively a tripling in its share price away from hitting a $1 trillion valuation. If investors give Mastercard 10 to 15 years, they should get that tripling in market cap.

Be Sociable, Share!

Related Posts