Salesforce.com (CRM) volatility low at 49 on wide share price movement

Salesforce.com (NYSE: CRM) is recently up $1.18 to $117.25 in pre-open trading on Citigroup viewing the pullback in share price as a buying opportunity and reiterates a Buy rating on the stock with a $152 price target. Overall option implied volatility of 49 is below its 26-week average of 52 according to Track Data, suggesting less price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• salesforce.com (CRM) PT Raised to $210 at UBS
• NetEase (NTES) call put ratio 1.5 calls to 1 put into quarter results
• Cisco Systems (CSCO) call put ratio 2.4 calls to 1 put into quarter results