Options Plays (Sept/Oct Expiry)
🔹 Bullish Swing (if you believe CRM bounces)
1. Call Debit Spread (defined risk)
• Buy Sept/Oct $260 Call
• Sell Sept/Oct $280 Call
• Low cost, targets a move back to resistance. Max gain if CRM closes >$280.
2. Straight Calls (higher risk/reward)
• Buy Oct $260 Calls (at/near money).
• Gives time for CRM to recover to $280–300 zone.
⸻
🔹 Neutral to Slightly Bullish
1. Put Credit Spread (if you think $240 holds)
• Sell Oct $240 Put
• Buy Oct $230 Put
• Collect premium if CRM stays above $240 by October.
⸻
🔹 Bearish Hedge (if support fails)
• Buy Oct $240 Puts
• If CRM breaks $245, this protects downside toward $220.
🔹 Bullish Swing (if you believe CRM bounces)
1. Call Debit Spread (defined risk)
• Buy Sept/Oct $260 Call
• Sell Sept/Oct $280 Call
• Low cost, targets a move back to resistance. Max gain if CRM closes >$280.
2. Straight Calls (higher risk/reward)
• Buy Oct $260 Calls (at/near money).
• Gives time for CRM to recover to $280–300 zone.
⸻
🔹 Neutral to Slightly Bullish
1. Put Credit Spread (if you think $240 holds)
• Sell Oct $240 Put
• Buy Oct $230 Put
• Collect premium if CRM stays above $240 by October.
⸻
🔹 Bearish Hedge (if support fails)
• Buy Oct $240 Puts
• If CRM breaks $245, this protects downside toward $220.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.