Smart Money Is Betting Big In CRM Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish stance on Salesforce (NYSE:CRM) with significant options activity. Benzinga's options scanner highlighted 37 extraordinary options activities, with 56% bullish sentiment. The major market movers are focusing on a price band between $140.0 and $310.0 for Salesforce. Analysts have mixed ratings, with target prices ranging from $230 to $300.

June 05, 2024 | 4:45 pm
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Deep-pocketed investors are showing a bullish stance on Salesforce (NYSE:CRM) with significant options activity. Benzinga's options scanner highlighted 37 extraordinary options activities, with 56% bullish sentiment. The major market movers are focusing on a price band between $140.0 and $310.0 for Salesforce.
The significant options activity and the majority bullish sentiment among deep-pocketed investors suggest a positive short-term impact on Salesforce's stock price. The focus on a price band between $140.0 and $310.0 indicates strong interest and potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100