CRM

The_Glass_Book

If SPX spreads are too big for you, just go SPY, it's 10x smaller. Keep in mind it's not an index though, so it's physically settled, and you can get assigned shares. I'd stay away from XSP, the liquidity there is pretty rough. I don't have anything on the S&P right now myself (I do like selling 0DTE there though). Right now the interesting opportunities are mostly in energy and tech (for such a low vol regime). I've had trade chains going on CRM, INTC and URA for a while (strangles now, since they were actively managed). Closed a credit spread on TSLA two days ago (it used to be a calendar, but I had to roll it). If you've got no ideas on what to get into in such a low vol regime, I'd go with calendars and long vega strategies. For calendars right now, as of today check SLV (IVR 6, price \~$55), but also NVDA (IVR around zero, price \~$240), and take a look at IBIT and URA too. As for selling premium, don't force trades. In this kind of market we should be focusing on staying defensive.

NerdSlamPo

I wish I bought ADBE back in July tbh. But CRM really has been the worst. down $700 today, $2k overall. It'll go back up at some point, but for now its wrecking my investment port

NerdSlamPo

you can just be in CRM with me. I'm down $2K today

Riskismyapellido

they are super legit! You know, Boards have a legal obligation to actually tell u the truth 4 times a year.  Did u listen to their Q2 earings call in full? Well I am not a hedgie or some sophisticated trader with decades of experience. But my Trackrecord so far has been like this: took a complete loss on SPWR (sunpower corporation) lost 30k. That was my first bgger investment years ago. This was my only major loss. My Winners? Dumped it all into PLTR 2022 and 2023-2024. Went all in TXN in the 180ies. Bought 40k of BB at 3.8$. YOLOED more than 60% net worth into RBRK at 77$ (to see it go down to the 30ies). Dumped 40k into ZS calls when it hit bottom because I thought the dump was fake as fuck. Bought 400 shares of SNOW becauae again I thought this is impossible to be this cheap with the AI development. Bought GOOG at 150$. Bought NOW in the 80ies and CRM in the 150ies with CALLS. I don't know why, but I keep making the right calls. With APP, I uave been watching a long time. Always surprised about the huge post earnings swing. Mind u, in 2022, AppLovins EBITDA was 1billion. But Market Cap was 3.8 billion. Whaaat??Is this rational? They make 6 billion in free cash flow this year. 6 freaking billion. 86% margin. Current Market cap is 90 billion. For gods sake, they make more cash than PLTR god dammit! 

Pretty-Statement6758

problem is over yrs people/algos learned a lot what to do with dips. Unless something huge like covid, u wont get >10% dip anymore. But many possibilities are open when it comes to individual stocks. I bought (started buying actually) big/stable companies on dips such as MSFT, Meta, SPGI, Novo, amzn, fico, MA, software CRM/NOW/veeva etc since earlier year. I bought slowly, across the board and never leveraged. Also u never know u r in deepest bottom, so slowly steadily buying. So far, im well above sp500 YTD like 5-6% (including "failed" stocks such as fico, netflix, novo. Im not gonna stop, im not selling like a panic manic, but i bit trimmed if stock went above 25%. Lets see how things [work.So](http://work.So) far im happy. Also, Ive patience to wait for companies/stocks/sentiment turnaround. Same thing i did in July when Leopold crashed Ai stocks - sandisk/mu/wdc/soxx/photoics, and those r doing well (except wdc dipped yesterday again) green.

Me-Regarded

Soon we'll have news of a new CRM as good as Salesforce and AI vibe coded by a small company and undercutting price by 75%. In this day software will all plummet 50%

CMDR_Shepard96

47-14k in September. Red every day for a month straight. ADBE, CRM, INTU, AVGO.

CMDR_Shepard96

MSFT Green enough to fuck my puts. ADBE/CRM Give up 5% pumps within an hour and fuck my calls. I hate this shit

CMDR_Shepard96

Ofc ADBE/CRM/INTU/SAP/SHOP give up basically their entire pump within an hour

rando9999912

If we rally this week imma be short AFRM, DASH, TEAM, CRM, INTC, and PLTR. Bring it on MM 🧑🏻‍🦽‍➡️🧑🏻‍🦽‍➡️🧑🏻‍🦽‍➡️

The_Albertino

Had to cut CRM and ORCL calls what a shit show

greenpride32

Yup I remember sometime ago GIMP was very popular (perhaps it still is) for more simple edits. But many of these users are either using freeware or nothing; they aren't exactly a loss of sale for ADBE. With that said, the true reason for stock decline is slowing from 20%+ top line growth YoY to 10%. It's s similar story/numbers with a CRM. Without the growth, you lose the premium. That's what separate the outstanding companies (megacaps) from the good to great. The megacaps are still growing top line at anywhere from 18-100%, and that's on much larger base number than and ADBE or CRM.

drazayn99

Yeah time to buy CRM here with both hands

HelpfulNobody

Same fucking thing for CRM

The_Albertino

CRM and ORCL taking me to Mordor. Port destroyed this week

The_Albertino

Ah yes, all of my options are fucking dead. Thank you GOOG, ORCL and CRM

Spy300

>In just a few hours (1:00 PM ET), the Treasury must sell $44 Billion of 7-Year Notes (91282CRM5) plus $175 Billion of T-Bills into a market where the 30Y is at 5.44% and Williams is threatening more hikes. >Primary Dealers were already stuffed with $11B of unwanted 5Y paper and 40% of the 2Y FRN yesterday. >If today's 7-Year auction tails into this tape, the 30-Year yield will pierce 5.50%, and 10-Year yields will cross 5.15%–5.20%.

DarrenOTM

There never was a SaaSpocolypse. There was a sale on SaaS stocks though. CRM, NOW and ADBE were all hit but it was clear that they are infrastructure and AI will help them increase revenue and profits. They were never competing.

The_Albertino

My CRM, ORCL and GOOG calls slaughtered today sheesh

romied99

Just be patient, I took LEAPS options on META and MSFT before they popped, same with CRM. You’re hunting, and to be a good hunter you have to wait, these 0dte traders are retarded

yummynothing

Why SaaS stock good today? Hubs docu team CRM etc

Beetlejuice_hero

I bought a little PEP, if only for the huge dividend and to balance out my tech heavy holdings (META, RDDT, CRM).

Erieztoys

I bought CRM $225 10/2 PUTs today, hope you are right!

DogNamedFloppy

I bought CRM today. But it looks like it could easily fall another 10% from here. 🫤

NerdSlamPo

Down 1k on CRM shares today lol. Why you do this SaaS?

avilacjf

Who pays? What is the value prop? I can see this going every possible direction. Anthropic CRM, Anthropic Mobility, Anthropic Pharmaceutical. None of these exist yet as fully formed businesses. Investors don't have a clear story to latch on to.

Mountain-Freedom-964

CRM

johnnille

Of course its not binary open source/not open source, but instead of going 70-90% open source from what i saw most companes go for 20-40% open source technologies in their stacks. I never saw an open source ERP or CRM software in any company.

Spac55

Suddenly IPO delayed for AI-monsters. $NVDA CEO of course jump to smooth it, because he has to sell GPU, otherwise crash like Enron. Market cap pump by vibe not by earning, $AMD look market cap, compare to $PEP $PG $CRM $NKE $BA $ASML & many. $QQQ $SPY at vix 14 handle, heading midterm time? https://preview.redd.it/v59bkd93k0rh1.png?width=745&format=png&auto=webp&s=da08c94c4ca100cb65331b1da80d7b8d61ba0fbe

Jjarppa

Do you think SaaS stocks still have sustained upside from here now that the bottom was reached around five months ago, or has most of the recovery already played out? Specifically looking at $NOW and $CRM.

CMDR_Shepard96

So, INTU -3% on Monday at open, ADBE -2.5%, and CRM -1.2%?

sirzoop

Nah but I’ve been buying companies that own anthropic stakes though. AMZN NVDA GOOGL CRM ZM

CMDR_Shepard96

Now & CRM tracked identically

CMDR_Shepard96

Wtf was the price action on CRM/INTU during that session.. dump at open, fully recover, them

livingbyvow2

I would actually consider it a good funding short at that level. I would actually argue the current share price is likely a local top that was the result of a short squeeze. Even if their software is still useful, I wouldn't be surprised if their customer base is going to be less keen to swallow price hikes going forward. AI may not lead to people vibe coding their CRM, but that could make it much easier for people to migrate to another solutions and / or switch to AI native ones.

Diguojigood

software is pumping and semi is dumping. CRM is going to have this Anthropic plugin and the stock is pumping

MitchCurry

Amgen chose to go with Veeva's Vault CRM over Salesforce's Life Sciences Cloud option when Veeva and Salesforce end their partnership in 2030.

PushAble2463

Pretty funny to look at how insanely over-exposed I was in MSFT and CRM earlier this year… if I didn’t sell those at break even I could’ve almost retired at this point (instead I sold and bought other stuff at the top)

Affectionate_Fly7659

Why are CRM, NOW, WDAY up ? Any news on SaaS

Beginning_Juice_4296

Look at ADBE and CRM right now. They’re about to rip

Beginning_Juice_4296

Saas is up pre market. CRM, ADBE, FIG

Hifi-Cat

Of a 2.5m portfolio, ~9% in individual stocks. The remainder is ETFs. Schw, SSNC, seic, axp, fds, lvmuy, CRM, MCO...

Successful_Ad69

Because there is a presumption that AI advancement will disrupt SAAS plays. This thesis has been broken somewhat by SNOW, CRM, and MDB, but....the usually when AI plays are up, SAAS is down or muted. Both industries run counter to each other.

ZCL_LAX_ATL

Sir this is a 2011 SugarCRM thread and you are about to lose your house. "Why pay Salesforce $150/seat when I can spin up Postgres for free" was said by every CTO with a Blackberry. Postgres is free. Salesforce is $300B. Sugar is a Wikipedia stub. I have personally been paid for 12 years to clean up the smoking craters of companies who tried this. I am the ATM. You are the gambler. The weights aren't the product regard. The weights are Postgres. The product is the 40 person team you now need to keep your GPUs from sitting at 30% utilization while your "open model is only 6 months behind" is 6 months behind on the one thing your sales team needs today. You didn't buy a server, you adopted a science project with a burn rate. And the trade itself: long NVDA, short AI. Bro. Who buys the shovels if the gold is worthless. Your long leg is your short leg wearing a hat. Also you can't short Anthropic, it's private, so your "short AI" is shorting MSFT and GOOG who are also the ones buying all the GPUs. You've constructed a position where both legs get liquidated at the same time. Impressive. Truly. Same thing happened in CRM. Bottom got crushed to $0 (HubSpot free tier, Zoho, 6000 Indian dev shops). Top got fatter. Basic inference goes to zero, frontier keeps pricing power, and the hardware guys running under Salesforce captured exactly none of it. Positions or ban. Mine is 12 years of Salesforce admin invoices and it prints every single time someone in this thread gets promoted to VP of Engineering.

RZDirInvest

Have at least 10% cash. Also, have some software stocks like CRWD, PANW, CRM, NOW…Lastly, use SOXS or SQQQ(small amount) for short term hedge. Use carefully though. If you are experienced investors and have enough investment in the game, you can sell cover calls. or buy puts. Just FYI.

FinePerformance1046

The sector has generally followed this trend for over a year and I don't see why it should continue, some have broken out already like SNOW and CRM. The level of rejection the past week for most stocks is not a good sign though, a sharp turnaround is needed ASAP for INTU, NOW, KVYO to name a few.

mark_mt

It's simple, buy good companies when it's on sale bcz everyone is scared shitting in their pants, buy more as they become suicidal - than wait 6 to 9 mths, don't sell for a quick 20% or even 50%!!!! Even wo Agentic I was already doing 25X in 10 years . With Agentic and OAI, MET and Anthropic - I am doing 10450% and that's after taking a 30% hit from the recent highs. Yes I made most from AMD over the last 10 yrs continuously rolling my LEAPs. But I picked up 1.5M from gold mining, 1.5m from health insurance companies 1.5m from XOM during Covid, 0.5m from Himax - all after they went on super sale. I left a lot on the table on the healthcare after getting out in less than 7mths doubling my money, which if I had kept for 12 mths would have returned 4X instead of 1X - I wasn't following the sector when I suddenly noticed every insurance company sent on sale at 50 to 60% discounts - did quick financial and individual company research, and bought hundreds of contracts among the top 4. You want to make money consistently - we all do but don't have the discipline. You have to buy starting at min 40% discounts on good volatile companies and be prepared to buy more as it dips further - with purchasing weighted towards the higher discounts. You do this - your win - loss ratio will increase drastically. I failed with CRM and got out wo losing too much, after concluding that their biz and competition had shifted significantly w Microsoft entering their turf in a significant way - it was down for a very very long time, even the recent recovery is just an opportunity to sell. So do you want to make money or do you just want to look busy buying selling - buying at 10 to 20 % discount at near peaks trying to make 5% or do you want to trade less and buy at 40% discounts and make 50% ?

CurrentAirline9065

$CRM finally getting into buy territory

NerdSlamPo

SaaS. NOW, CRM, PLTR all on the struggle bus today. Still up huge on all three, but holy shit it’s red out there today

TreGet234

PATH vs NOW vs SNOW vs APP vs CRM Which one to choose? I want generational wealth.

niwmo

CRM puts printing! Pays to be a hyena!

CMDR_Shepard96

ADBE, CRM, INTU wiping like 25% off my port within 5 minutes of open. Nice.

superhappykid

I'm surprised by how determined a certain subset of stock traders seems to be to stay poor. Literally every hyperscaler / AI related earnings has told you CAPEX + Guidance is good for at least a year out. With pretty much good certainty it's 2 years +. We know Wall St Loves profits, we know Wall St looks 18 months out. Fundamentals are basically set for memory and capex related build outs to be a safe bet for the next 6 months and stocks are still down 20-25% From their ATH's. Yet people are unwilling to just full port into this shit and make money. Nah let's try to time the dip on NKE LULU and buy CRM and NOW after a 40% Run.

music_is_gud

Nothing will happen. There will be an investigation and they will find out it's piloting error, an error that can be totally avoided with better CRM which is already taught to all pilots

lurker3029

CRM. Bought when it dipped hard, hold it all the way until before latest earning call, decided to sold them all to take sure profit because Software usually fall hard after earning call. Bammm! Collab with Claude, Stock rises 25%, FML

CMDR_Shepard96

Of course I bought ADBE, CRM, and INTU at the top. Fuck sake

lil_ecstacy

Salesforce ($CRM) spike at market open?

dismendie

GE MU AMD so many winner sold too early. Spgi and CRM was buying into a higher PE and getting humble pied by slower growth or AI concerns and not understanding the management in spgi was destroying value in a great moat by buying subpar business

NewlyOld31

CRM please dump today

er0ldo89

Hell yes!! I did similar with CRM but only got 5 calls but made like 700%

mountain_li0n

I don't understand your point of view, there are so many strategies you could take. It has been moving up/down and recently it was 680ish which is closer to your cost basis. Why panic? you could sell all small loss, or trim some and look for better opportunities, if you do that, you can recoup loss in no time. Had you bought CRM, MA, MSFT just any stock with half of META, you'd be in gain instead. Meta will hit 1000 within next year, it just awaits some good news.

patelchief90

when will CRM take a break jesus RSI is 80

sf94134

Just checked: my CRM is up 71% (bought in June), another stake that I bought earlier at higher price point was up 20% (sold). MSFT is up 30%.

NewlyOld31

My CRM puts are going to kill me.

ipissinmypants2

sold my CRM exp 9/4 last week for huge gains and i could’ve made even bigger gains if i had held till expiration what the fuck lmaoo

Weak-Pomegranate-435

Yeah, I bought a lot of SAAS stock in June and July because they were cheap compared to semiconductors. And now they all have ran so much so they have given me some between 50% to 200% returns each. and now most of them are above fair value but only some of them are at their fair value, such as MSFT, CRM, WDAY, ADBE, INTU. Already sold out of PATH, TEAM, NOW, SAP, ZETA, ESTC, ADBE and INTU bcz of their overvaluation or sustainability issues. And only holding onto MSFT, CRM and WDAY. Simply because they are still slightly below their fair value. But none of those stocks even come close to where semiconductors such as AVGO are trading, AVGO is trading at half the value of the cheapest SAAS stock right now. So no SAAS is definitely not the answer. The closest competitor would be the industrials. But I don’t think even that beats the semiconductor valuations right now.

er0ldo89

Hahahaha I’m one of them but luckily I have a very small position and I took a large position in CRM last week. Snow was the play today tho not AVGO lol maybe tomorrow

Professional_Monkeys

CRM good results +22% SNOW good results +22% AVGO insane results -1%

drazayn99

Think it runs for a couple of days begore some pullback (same as how CRM did). Probably will hit $380 before an opportunity

Dirtsteed

CRM puts?

er0ldo89

lol I made 4k off CRM last week and $924 today. I got super lucky I sold within 5 minutes of open. Otherwise I’d be negative 2-300

niwmo

Fvck your CRM calls!

NewlyOld31

Day 3 of watching CRM trend red pre market just to spike on open. Wtf.

SteveStacks

Can CRM sell off? I want in

TreGet234

Ai portfolio of the gods: 25% DELL 25% HPE 25% CRSR 25% CRM Screw nvidia

er0ldo89

CRM

er0ldo89

CRM was the way to go with leaps last week. Qualcomm looks promising as well

Happy-Champion1661

Since July 1st (44days), MSFT had 28 green days (overall +34%), CRM 25 (+65%) NVDA (+9%) MU (-19%) QQQ (-4%) had more red days than green (about 25) and so did GOOG with 26-18 negative record (-6%) ***why does this matter?*** idk I am just sick of 🍟RDDT🍟 going down, it was red for fucking 28 days and has lost 17%🤡🤡🤡. Thank you for your attention to my bags! LMAO 🤌

WordsHappenedHere

It makes perfect sense to sell all these great companies growing earnings at 30% or more because it’s “September”. And don’t forget to sell your software stocks too because “Iran”. I mean oil prices sure do affect the number of licenses that CRM can sell. And then just buy it back in October right? Surely everyone here will be smart enough to time those dips perfectly.

James_the_bull_

Mag 7 and value stuff. CRM, unh, Msft, goog, amzn, all great to buy leaps! Not speculative garbage.

Accurate_Drag_8490

How could you all watch CRM, CRWD, NVDA earnings and NOT go with DELL or DLLL

niwmo

I need CRM to move some more!

Inevitable-Salt4800

CRM hype is over! It will be $230 by the of the week.

NewlyOld31

2nd straight day CRM tanking pre market giving me hope then immediately shooting up at open. WTF

SteveStacks

So now CRM was promoted to safe haven?

RichSpecific4490

Was getting sellers remorse for letting go of my META calls last week at a 5 figure gain. Guess I didn’t fumble that for once. I did fumble $100k on CRM and NOW calls I sold for $2k profit though

verified-trader

**BanBet Won** — /u/niwmo (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **CRM** ▼ | $258.06 → $253.00 | -2.0% | 12h 14m | Won |

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **CRM** ▼ | $253.00 (below) | $258.06 | $255.40 | -2.0% | Sep 3, 12:25 AM | | **Record** | 0W - 1L | 0% | - | - | - |

verified-trader

**BanBet Created** ▼ | **Record:** 0W - 1L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **CRM** | $253.00 (below) | $258.06 | -2.0% | Sep 3, 12:25 AM |

niwmo

!banbet CRM $253 2d

Lootoholic

I sold out of my NOW & CRM and put it in semis. lol for real.

A55BAG

I sold CRM way too early 😥

NewlyOld31

CRM 270p 10/2. Please help

Inevitable-Salt4800

I’m just waiting for the Profit taking to start on CRM! It will be soon.

NewlyOld31

Can CRM please stop.

Accurate_Drag_8490

Don’t forget CRM earnings report today

Silent_Positive6579

CRM puts printing today

Silent_Positive6579

CRM puts?

TreGet234

Imo software is already almost tapped out. The CRM 5 year chart is pretty clear.

Alithebest1__

U think it’s safe to play puts for CRM or Chinese or should I wait for it go up again waiting for Coinbase to go around 180 to 190 and CRM AROUND 168 and get one month out put contract