Options trade idea : Salesforce.com (CRM)

• earnings today after close (Wed 11/19)
• buying puts that expire this Friday:  $61 put  $1.88,  $58 put  $0.76  (Acorn Wealth)
• hoping for a gap down

** daily before earnings **

** daily before earnings **

** weekly before earnings **

*** 11/20/14 : after earnings ***

The world's biggest maker of online sales software said it expected revenue of $6.45 billion to $6.5 billion for the year ending January 2016, missing analysts' average estimate of $6.66 billion.

bot yesterday:            $61 put  paid $1.88,  $58 put  paid $0.76
today's (11/20) bids:  $61 put          $2.30,  $58 put          $0.43

Fri 11/21/14 : 2nd day after earnings; expiration day

bot before earnings:            $61 put  paid $1.88,  $58 put  paid $0.76
today's (11/21) bids:           $61 put          $3.25,   -->  $1.37 gain (+73%)
                                            $58 put          $0.16   -->  -79%