CRM Salesforce (CRM) options offer exposure to the enterprise cloud CRM leader with moderate-to-high volatility, earnings sensitivity, and AI integration catalysts.

CRM's shift toward AI (Einstein GPT, Agentforce) and margin expansion creates options opportunities around earnings and product announcements.

CRM Options Characteristics

Avg Daily Volume

250K+ contracts

Typical Spread

$0.05-0.15

Typical IV Rank

25-45%

Expirations

Weekly, Monthly, Quarterly, LEAPS

Price Range

$250-350

Correlation

High correlation with enterprise software and cloud sector

Best Strategies for CRM

Iron Condors

Collect premium from earnings IV

Bull Call Spreads

AI adoption growth thesis

Calendar Spreads

Trade earnings term structure

Cash-Secured Puts

Accumulate on post-earnings dips

LEAPS Calls

Long-term cloud and AI thesis

Enterprise AI Play

Salesforce earnings move the stock 5-10% as markets assess cloud growth, margins, and AI adoption. The company's pivot to profitability has shifted options dynamics from growth to quality.

CRM Options FAQ

How volatile is Salesforce on earnings?

CRM typically moves 5-10% on earnings, driven by revenue growth, operating margin guidance, and AI product adoption metrics. Options IV expands 30-50% heading into the report.

Is Salesforce good for options income?

Moderate. CRM's IV rank of 25-45% provides decent premium for iron condors and put spreads. The key is timing entries around earnings IV expansion for maximum premium collection.