Dec. 3 at 1:19 PM
$CRM Implied move priced in by options indicate about 7.8% or +-
$15.37 to
$17.30 for the earning this afternoon.
Investing.Com says fair value is
$303 (29% upside), and average target price from 25 analysts is
$328 (40% upside).
I'm playing this with 2x leverage
$CRMG. I only have a moderate position now, but wouldn't mind adding much bigger position if it drops.
This is a long-term (12+ months) play for me.
Here is how the stock behaved after the earning for the past several years.
$SPY $QQQ $UVIX