Decoding Salesforce's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Salesforce (NYSE:CRM) has seen significant bullish options activity, with 66% of trades being calls. Analysts have mixed ratings, with price targets ranging from $330 to $400. The stock is currently trading at $293.44, up 1.02%, and may be approaching overbought territory.
October 28, 2024 | 4:15 pm
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Salesforce has experienced a notable increase in bullish options activity, with 66% of trades being calls. Analysts have mixed ratings, with price targets ranging from $330 to $400. The stock is currently trading at $293.44, up 1.02%, and may be approaching overbought territory.
The article highlights significant bullish options activity for Salesforce, with a majority of trades being calls. This suggests positive sentiment among traders. Additionally, analysts have provided mixed ratings with price targets indicating potential upside. The stock's current price increase and RSI suggest it may be nearing overbought levels, which could impact short-term price movements.
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