I just added to my short position. I'm still not up to the size after covering much on Tuesday. I don't think CRM will remain above 180 at day's end because the 180 calls won't be in the money. If they happen to be barely in the money, those who get the stock will have a loss on Monday morning, IMHO. It's possible that the 175 calls won't be in the money either, but they could be.
It is a good day to short this bubble stock at good prices. LOL. Company losses tripled. LOL. How many quarters of losses do the silly longs need to understand there is no profit here? Stupid to invest in this space.
LOL. The important thing is whether the company can grow earning or not, and they have proved for the entire year that non of the quarters is profitable. They do not even have a viable business model. They more they sell, the more they lose.