CRM Earnings Put Ratio Into Agentforce Test
CRM reports after the bell, and the setup is actually fascinating.
The stock sits around $235, down 36% from highs and 30% YTD. Growth has slowed, but fundamentals aren't broken. They're just… less sexy.
IV is pricing a 7-8% move, skew is modest, and this is exactly the type of environment where I want to be slightly long CRM and short rich downside vol, with a wide cushion if we get a controlled pullback.
Let's see what Marc Benioff brings us tonight!
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CRM Earnings Put Ratio Into Agentforce Test
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