Tech Alert
Trade Alert – (CRM) February 20, 2026 – EXPIRATION AT MAX PROFITS
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Tech Alert – Salesforce, Inc. (CRM) – EXPIRATION AT MAX PROFITS
EXPIRATION AT MAX PROFITS Salesforce, Inc. (CRM) February 2026 $215-$220 in-the-money vertical BEAR PUT spread at $5.00
Closing Trade
2-20-2026
expiration date: February 20, 2026
Portfolio weighting: 10%
Number of Contracts = 24 contracts
Our CRM is expiring today at max profits. Software stocks have been killed, and I would sell the rally on them.
You don’t have to do anything with this expiration.
Your broker will automatically use your long position to cover your short position, canceling out the total holdings.
The entire profit will be credited to your account on Monday morning, February 23, and the margin freed up.
Some firms charge you a modest $10 or $15 fee for performing this service. The flight of money right now is from small, undercapitalized, and questionable to large, overcapitalized, and rock-solid balance sheets.
Here are the specific trades you need to exit this position:
Expiration of 24 February 2026 (CRM) $220 puts at………$30
Expiration of 24 February 2026 (CRM) $215 puts at……….$25
Net Proceeds:……………………..…….………..…….
Profit: $5 – $4.20 = $.80
(24 X 100 X $.80) = $1,920 or 19.05% in 17 days
