Salesforce.com Inc
Option Trade Blog

Title: Salesforce.com Inc Option Trade Blog

Business Description: Business Nature - provides on-demand customer relationship management (CRM) services, a spectrum of business related application services focusing on sales force, marketing, and customer service & support automation. Geographical Presence: Web based, primarily US market.

Notable Fundamental Information:   Net Income (YTD vs YTD) up almost 500%

Symbol:   CRM

Option Symbol:   CRMPH

Option Description:   Type: Put,   Expiration: Apr,   Strike Price:   40 

Reason for Initiation: Uptrending, up by about 150% in 1 year.

Action: Short Put (equivalent to long stock)

Details: Sold to open position on 13th Mar 06, bought to close on 17th Mar 06.

Result:   Square 

Reason for Closing: Did not move up immediately after trade initiation.

Comments:
* Fractal buy.
* Fractal signal a little extended from the 28 days moving average when trade was initiated.
* Action Plan: Watch out for next entry opportunity.

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