Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 5.49% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $7.11 would be incurred if the stock dropped below the $45.00 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 at 44.66 level which suggests that the stock is neither overbought nor oversold at this time.
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
Warriors Reach San Francisco Arena Deal in Move From Pier
Tue, 22 Apr 2014 20:53:22 GMT
Bloomberg – The Golden State Warriors’ new San Francisco arena will host concerts, ice dancing and dog shows to complement basketball games when the 18,000-seat venue opens for the 2018-19 season, team President Rick Welts said today. The National Basketball Association franchise agreed to buy 12 acres (4.9 hectares) of undeveloped land from Salesforce.com Inc. (CRM) for the arena development following six weeks of “intense” negotiations between Salesforce Chief Executive Officer Marc Benioff and Warriors owner Joe Lacob, a partner at Kleiner Perkins Caufield & Byers, Welts said in a telephone interview.
Golden State Warriors to buy Salesforce land for new SF arena
Tue, 22 Apr 2014 20:30:51 GMT
MarketWatch – SAN FRANCISCO (MarketWatch) – The Golden State Warriors has agreed to buy land in San Francisco's Mission Bay from Salesforce.com , the team said Tuesday. A Salesforce.com spokesman confirmed the deal …
First Week Of CRM July 19th Options Trading
Tue, 22 Apr 2014 15:14:00 GMT
TheStreet – Investors in Salesforce. om Inc saw new options begin trading this week, for the July 19th expiration.
New Research Finds More than Half of Australasian Marketers Plan to Invest in Mobile
Mon, 21 Apr 2014 12:00:00 GMT
Business Wire – SYDNEY–(BUSINESSWIRE)– More than half of marketers in Australasia plan to invest in mobile in 2014, according to new research by the ExactTarget Marketing Cloud from salesforce.com (NYSE:CRM). Based …
10 Questions: Marcus Nelson, co-founder and CEO, Addvocate
Sun, 20 Apr 2014 19:37:00 GMT
Fortune – FORTUNE — If there's one thing you can say about Marcus Nelson, it's that he's adventurous. He once spent two and a half months smuggling 90,000 bibles into the former Soviet Union. He is a former J. …
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