I think the CRM July 19 expiration (monthly) 41P/38P/35P butterfly is undervalued. My entry cost was 1.23 for a 3 point fly. My CRM fly trades have all worked except the trade was much better before the 4 for 1 stock split. The 38 fly is cheap because CRM stock is at 38 with seemingly 3 weeks before expiration, but I do not think much will in the long holiday 4th of July week. Also, I think that CRM stock price after the ORCL deal has strong forces pushing it up (ORCL deal) and strong forces holding it down. Constantly issuing new shares to grow revenue. Earnings are scheduled for August 19 so there should not be much news. My old ideas are working, but my new ones are not. I was short premium going into today's BBRY earnings stupidly. I do not know why I did not think to buy the straddle instead of trying to guess.