Salesforce.com (CRM) volatility low at 49 on wide share price movement

Salesforce.com (NYSE: CRM) is recently up $1.18 to $117.25 in pre-open trading on Citigroup viewing the pullback in share price as a buying opportunity and reiterates a Buy rating on the stock with a $152 price target. Overall option implied volatility of 49 is below its 26-week average of 52 according to Track Data, suggesting less price movement.

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