Salesforce.com Inc.'s stock rose 0.2% in afternoon trading Tuesday, and was one of just four of 30 Dow Jones Industrial Average components gaining ground, ahead of the customer-relationship-management software company's fiscal fourth-quarter results due out after the closing bell. An options strategy known as a straddle is priced for a one-day post-earnings price move of $18.42 in either direction on Wednesday, or about a 36% bigger move than the average move over the past 12 quarters of $13.50, Read More...
Salesforce.com Inc.’s stock rose 0.2% in afternoon trading Tuesday, and was one of just four of 30 Dow Jones Industrial Average components gaining ground, ahead of the customer-relationship-management software company’s fiscal fourth-quarter results due out after the closing bell. An options strategy known as a straddle is priced for a one-day post-earnings price move of $18.42 in either direction on Wednesday, or about a 36% bigger move than the average move over the past 12 quarters of $13.50,
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