$CRM VERTICAL 250822 PUT 250.0/PUT 245.0$ 

In daily chart, price looks to bounce off the support level of $245. Stochastic seems to be moving away from the oversold region. Hence, I am taking the view that CRM price is going up in the coming days, and I have open this bull put spread.

CRM Vertical
07-21 22:15
US250.0/245.0
SidePrice | FilledRealized P&L
Credit
Open
-1.05
1
--
Holding
CRM VERTICAL 250822 PUT 250.0/PUT 245.0
# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment6

  • Top
  • Latest
  • CRM at one point was $200 more than ORCL(Oracle). Within in months, ORCL is now within $25 of CRM. What’s that saying about CRM? 🤔 Was still trying to be Bullish, but now, Neutral.
    Reply
    Report
    Fold Replies
    • AyKing
      I see. I have closed this trade for some profit and to reduce the risk.
      Indeed, ORCL looks more bullish. Thanks for sharing and I may keep in view :)
      07-26
      Reply
      Report
  • Venus Reade
    ·07-23
    TOP
    I have been trading this the past few months but decided to go long with this latest dip. It’s time will come and it is going to run substantially at some point this year.

    Reply
    Report
    Fold Replies
    • AyKing
      Good luck to us. I am long for this on the short term.
      07-26
      Reply
      Report
  • zookz
    ·07-22
    Great analysis
    Reply
    Report
  • CINDYTAN
    ·07-22
    happy
    Reply
    Report