Salesforce Options Trading Sees Hefty Volume and Bearish Sentiment
Salesforce's (CRM.US) options trading saw significant activity on September 1st ET, with a total of 102.51K contracts being traded for the day.
Of these trades, put options accounted for 58.72% and call options made up 41.28%, indicating a slightly bearish sentiment among traders.
The open interest, which measures outstanding positions not yet closed, stood at around 933.07K contracts by the end of the day, representing about 98.11% of the average over the past 30 trading days.
A notable trade involved a call option with a strike price of $150.00 expiring on December 18th, 2026, which traded 1,500 contracts and accounted for around $16.46 million in turnover.