4 Trade Ideas for Salesforce: Bonus Idea

• Posted by Greg Harmon
• on June 30th, 2025

Here is your Bonus Idea with links to the full Top Ten:

Salesforce, $CRM, comes into the week at resistance. It has the Bollinger Bands® tight, often a precursor to a move, and is coming off a higher low. The RSI is rising through the midline in the bullish zone with the MACD crossed up and about to turn positive. There is resistance at 275 and 279 then 283.50 and 288.50 before 295 and 301. Support lower is at 266 and 258. Short interest is low at 1.5%. The stock pays a dividend with an annual yield of 0.61% and began trading ex-dividend on June 18th.

The company is expected to report earnings next on August 26th. The July options chain shows biggest open interest at the 260 put strike then 250. On the call side it is biggest at 280 then 300 and 270. In the August chain open interest is biggest at the 270 put and then tails to 210. On the call side it is biggest at 300 then 280. Finally, in the September chain open interest is biggest at the 230 put then 270 and 240. The call side sees biggest open interest at the 290 strike.

Salesforce, Ticker: $CRM

Trade Idea 1: Buy the stock on a move over 275 with a stop at 265.

Trade Idea 2: Buy the stock on a move over 275 and add a July 270/260 Put Spread ($3.20) while selling the August 300 Call ($2.55).

Trade Idea 3: Buy the July/August 280 Call Calendar ($5.15) while selling the August 260 Put ($5.00).

Trade Idea 4: Buy the September 240/280/300 Call Spread Risk Reversal ($2.60).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with just 1 trading day left in June and the 2nd Quarter, saw equity markets show strength with strong moves higher.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates after a strong move lower. The US Dollar Index continues a short term move to the downside at more than 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets resume their break to the upside in consolidation.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. The charts of the SPY and QQQ show short term strength both timeframes. The IWM continues to lag the SPY and QQQ in recovery in price. The classic “V” recovery continues to build in all 3 Index ETFs as the SPY joins the QQQ making a fresh all-time highs. Use this information as you prepare for the coming week and trad’em well.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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