Notable profits for the buyer who lifted the $1.30 offer for 10,000 Salesforce (CRM) 2/10 weekly 170 calls yesterday at 09:39ET when underlying shares were trading at $159.53. Shares closed at $165.09, and the calls at $2.78 for a mark-to-market profit of 114%, or $1476K, on the $1299K outlay.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CRM:
- Here’s Why Salesforce (NYSE:CRM) Stock is Trending Higher
- Elliott Management set to nominate directors to Salesforce board , WSJ says
- Confluent Chief Revenue Officer departs, The Information reports
- Salesforce in talks to appoint new members to board, Bloomberg reports
- Salesforce receives investments from several activist investors, FT reports