CRM options flow: unusual options activity in Salesforce, Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 273 unusual options prints in Salesforce, Inc. (CRM), $28.4M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $10.9M against $12.8M bearish; $22.0M went into calls and $6.4M into puts, a put call ratio of 0.29. The largest print was $4.2M of CRM 17 Jun 2027 $300 calls on 24 September 2026, executed at bid. The last session with prints, 28 September 2026, added 7 prints and $248K of premium. CRM closed at $234.02 on 25 September 2026, down 1.8%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | CRM 17 Jun 2027 $300 calls | Trade | 2,200 | 6,823 | $4.2M | At bid | Bearish | Whale |
| 25 Sep 2026 | CRM 17 Jun 2027 $310 calls | Trade | 1,500 | 1,266 | $2.4M | At ask | Bullish | Whale |
| 23 Sep 2026 | CRM 16 Oct 2026 $240 calls | Sweep | 1,016 | 3,045 | $888K | Below bid | Bearish | High conviction |
| 25 Sep 2026 | CRM 15 Dec 2028 $210 puts | Trade | 220 | 37 | $824K | At ask | Neutral | Notable |
| 21 Sep 2026 | CRM 16 Oct 2026 $237.50 puts | Sweep | 598 | 0 | $565K | At ask | Bearish | Whale |
| 22 Sep 2026 | CRM 15 Dec 2028 $200 puts | Sweep | 160 | 110 | $546K | At bid | Bullish | High conviction |
| 22 Sep 2026 | CRM 16 Oct 2026 $240 calls | Sweep | 821 | 1,518 | $543K | Above ask | Bullish | Whale |
| 25 Sep 2026 | CRM 21 Jan 2028 $185 puts | Trade | 250 | 720 | $475K | At ask | Bearish | |
| 25 Sep 2026 | CRM 19 Jan 2029 $190 puts | Trade | 155 | 6 | $451K | At bid | Bullish | Notable |
| 25 Sep 2026 | CRM 21 Jan 2028 $240 calls | Sweep | 83 | 1,763 | $425K | At ask | Neutral | Notable |
| 25 Sep 2026 | CRM 21 Jan 2028 $220 calls | Sweep | 61 | 1,742 | $381K | At bid | Bearish | High conviction |
| 23 Sep 2026 | CRM 17 Jun 2027 $240 calls | Trade | 100 | 721 | $373K | At midpoint | Neutral |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 17 Jun 2027 | 16 | $7.9M | 99% | -$1.9M |
| 16 Oct 2026 | 34 | $3.7M | 69% | -$108K |
| 21 Jan 2028 | 23 | $3.6M | 84% | -$1.2M |
| 15 Dec 2028 | 17 | $2.5M | 34% | +$970K |
| 15 Jan 2027 | 35 | $2.0M | 82% | -$13K |
| 25 Sep 2026 | 30 | $1.7M | 91% | +$327K |
The most premium, $7.9M, is aimed at the 17 Jun 2027 expiry; the nearest expiry with unusual prints is 25 Sep 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | CRM 20 Nov 2026 $250 calls | Trade | 100 | 1,812 | $52K | At ask | Bullish | Notable |
| 28 Sep 2026 | CRM 2 Oct 2026 $225 calls | Sweep | 75 | 78 | $42K | At ask | Bullish | Notable |
| 28 Sep 2026 | CRM 2 Oct 2026 $230 puts | Sweep | 59 | 1,647 | $39K | Below bid | Bullish | High conviction |
| 28 Sep 2026 | CRM 2 Oct 2026 $217.50 puts | Trade | 125 | 429 | $34K | At ask | Bearish | |
| 28 Sep 2026 | CRM 16 Oct 2026 $240 calls | Sweep | 80 | 2,798 | $27K | At ask | Bullish | Notable |
Every print in CRM with its full detail, the live tape, one tap filters and saved screeners: open CRM in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open CRM in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 27 firms, have a median of $289, 23.5% above the last close.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Salesforce, Inc.
- Exchange
- NYSE
- Sector
- Information Technology
- Industry
- Computer Software
- Headquarters
- San Francisco, California
- Website
- salesforce.com
Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company provides its service offering for customers in financial services, healthcare and life sciences, manufacturing, and other industries.
In the same sector
Flow pages for other Information Technology names in the S&P 500:
NVDA NVIDIA Corp.AAPL Apple Inc.MSFT Microsoft Corp.AVGO Broadcom Inc.MU Micron Technology Inc.AMD Advanced Micro Devices Inc.INTC Intel Corp.PLTR Palantir Technologies Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for CRM with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open CRM in Options Sentiment Screener