TopgOptions

CRM Salesforce Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:CRM   Salesforce
If you haven`t sold CRM here:

then Analyzing the options chain of CRM Salesforce prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $9.05
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


Trade active:
The expiration date is August 18th, not 2023-9-15.
Trade closed manually:
CRM trading at $225.00 ahead of earnings.
Calls were $15.65 at close, up from $9.05, when i wrote this article (even higher intraday)!
A 65% Gain!

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