Reports after the close tomorrow. Fundamentally it is 8 to 8.5 out of 10. So it is bullish. Also of note is the fact that it has a history of beating earnings and revenue. For the last fifteen quarters, it beat thirteen times with two in-line results. It beat revenue all fifteen quarters. It is a good company. So it will not take long for it to reverse any negative reaction by the market to its report.
Technically it is bullish. See CRM-WEEKLY, CRM-DAILY and CRM-15MIN charts below.
So, based on the fundamentals and technicals, I will buy October Calls.
CRM-WEEKLY
CRM-DAILY
CRM-15MIN
SPX-DAILY IV
SPX-DAILY III
SPX-DAILY II
SPX-DAILY I
SPX-30MIN
SPY-15MIN
