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CRM did not move much today! Salesforce, ticker CRM, printed a muted earnings reaction, prior close near 239 and an open around 242 to 243 with no real premarket surge, exactly the kind of setup where implied volatility crush outweighs direction and options buyers struggle to get paid. The 250 calls tell the story, contracts marked near 600 the night before bled to roughly 50 within 30 to 40 minutes after the bell before a modest bounce, if you bought right at or a few minutes after the open you

CRM: What Is It?