CRM
Salesforce, Inc.
stock NYSE

For CSPs I look for profitable mid-large cap companies I like (wouldn't mind holding) that are oversold on daily/weekly RSI that I suspect will bounce or are near to a bottom, and sell .3-.4 delta 30 dte. If the price hits my strike I roll straight out 30 days for a credit then take assignment if applicable and sell calls above cost basis. For example some of my current puts are NFLX, MSFT, NOW, CRM, ADBE, RDDT. As you can see I have a bias for software names right now.

I think CRM

C Suite budget Accenture guy thinks SaaS is ending because his small book of business replaced a few apps. No one is saying development isn't different. Just because its different doesn't mean that the companies that provide software are worthless. You are too far up your own data pipeline to understand the market.
I work heavily in regulated industries, fintech, insurance, biotech. Guess what, most of these companies don't have good development teams or risk appetite. They'd much rather pay for NOW, CRM to implement their workflows and enable AI than they would pay some Walmart consultant to develop a custom pipeline and drop it on their special needs IT group.
Most of these legacy SaaS companies aren't getting out competed by in-house build outs. They were rarely used by tech forward companies to begin with. What is happening, at least in the industries I'm consulting with is they are BUYING MORE SOFTWARE and using AI to more quickly integrate there systems so they can fire more developers.
Non-tech companies don't want to be in the business of maintaining an IT department. They weigh that heavily towards buying solutions vs hiring more people and managing more people.

Guys what is the best SaaS ETF? I want it to have NOW, CRM, SAP, TEAM etc.

Yeah, been thinking of adding more to my CRM holding. I may also open a position in NOW. Decisions, decisions...

Saw this on Twatter. Buy McDonald’s apparently. Drawdowns from highs:
Indices: SPY −3%, QQQ −8%, MAGS −11%
Mega cap: MSFT −31%, TSLA −36%, META −24%, GOOGL −22%, AMZN −16%, NVDA −12%, ORCL −65%, PLTR −41%, NFLX −46%, UBER −32%
Software: INTU −65%, TEAM −61%, ZS −59%, NOW −56%, WDAY −49%, ADBE −44%, CRM −43%, SHOP −39%, IBM −38%
Semis: SMCI −50%, SNPS −43%, ARM −37%, MRVL −36%, LRCX −27%, AMAT −24%, AVGO −21%
Emerging growth: OKLO −77%, RBLX −68%, UPST −68%, ACHR −65%, JOBY −64%, QBTS −63%, IONQ −60%, TEM −56%, HIMS −54%, APP −47%, CRWV −47%, IREN −47%, RDDT −40%, ALAB −35%, HOOD −34%
Crypto: BTC −49%, ETH −63% (−70% at the lows), MSTR −78%, BMNR −77%, COIN −60%, SOFI −49%
Space: SPCX −40% from its post-IPO high, back at the $135 offer price after the largest IPO in US history. ASTS −56%, RKLB −54%, LUNR −71%, RDW −65%, VOYG −50%, FLY −72%
Metals: Gold −27% from its January record, Silver −53%

7/23/2026 Daily Plays Sold PSIX 32.25 CRWV 82.25 and In ADBE 221.50 KVYO 16.25 PATH 10.50 bidded on UBER CRM NOW but 3 longs Bad earnings from ACI but saw 11 handle Premarket MBLY added to Plays GOOG GOOGL Capex! 75% of TSLA profit is unrealized gains from SPCX which by now is worse! Fair value 75?

While I do hold a more pessimistic view of AI than you seem to, Im not making an argument for AI pessimism in this thread; I'm making an argument for Saas optimism. Saas companies do not seem to be losing any revenue due to AI, and many of them even have clever new revenue streams built around using AI within their environment. WDAY, NOW, QLYS, VEEV, CRM etc have all had nice earnings beats this year. After
 the giant valuation cut Q1 made them actually worth buying into, they have been trading with high news cycle volatility, which has done well for me buying and selling over my usual buy and hold preference.

For CSPs I look for profitable mid-large cap companies I like (wouldn't mind holding) that are oversold on daily/weekly RSI that I suspect will bounce or are near to a bottom, and sell .3-.4 delta 30 dte. If the price hits my strike I roll straight out 30 days for a credit then take assignment if applicable and sell calls above cost basis. For example some of my current puts are NFLX, MSFT, NOW, CRM, ADBE, RDDT. As you can see I have a bias for software names right now.

I think CRM

C Suite budget Accenture guy thinks SaaS is ending because his small book of business replaced a few apps. No one is saying development isn't different. Just because its different doesn't mean that the companies that provide software are worthless. You are too far up your own data pipeline to understand the market.
I work heavily in regulated industries, fintech, insurance, biotech. Guess what, most of these companies don't have good development teams or risk appetite. They'd much rather pay for NOW, CRM to implement their workflows and enable AI than they would pay some Walmart consultant to develop a custom pipeline and drop it on their special needs IT group.
Most of these legacy SaaS companies aren't getting out competed by in-house build outs. They were rarely used by tech forward companies to begin with. What is happening, at least in the industries I'm consulting with is they are BUYING MORE SOFTWARE and using AI to more quickly integrate there systems so they can fire more developers.
Non-tech companies don't want to be in the business of maintaining an IT department. They weigh that heavily towards buying solutions vs hiring more people and managing more people.

Guys what is the best SaaS ETF? I want it to have NOW, CRM, SAP, TEAM etc.

Yeah, been thinking of adding more to my CRM holding. I may also open a position in NOW. Decisions, decisions...

Saw this on Twatter. Buy McDonald’s apparently. Drawdowns from highs:
Indices: SPY −3%, QQQ −8%, MAGS −11%
Mega cap: MSFT −31%, TSLA −36%, META −24%, GOOGL −22%, AMZN −16%, NVDA −12%, ORCL −65%, PLTR −41%, NFLX −46%, UBER −32%
Software: INTU −65%, TEAM −61%, ZS −59%, NOW −56%, WDAY −49%, ADBE −44%, CRM −43%, SHOP −39%, IBM −38%
Semis: SMCI −50%, SNPS −43%, ARM −37%, MRVL −36%, LRCX −27%, AMAT −24%, AVGO −21%
Emerging growth: OKLO −77%, RBLX −68%, UPST −68%, ACHR −65%, JOBY −64%, QBTS −63%, IONQ −60%, TEM −56%, HIMS −54%, APP −47%, CRWV −47%, IREN −47%, RDDT −40%, ALAB −35%, HOOD −34%
Crypto: BTC −49%, ETH −63% (−70% at the lows), MSTR −78%, BMNR −77%, COIN −60%, SOFI −49%
Space: SPCX −40% from its post-IPO high, back at the $135 offer price after the largest IPO in US history. ASTS −56%, RKLB −54%, LUNR −71%, RDW −65%, VOYG −50%, FLY −72%
Metals: Gold −27% from its January record, Silver −53%

7/23/2026 Daily Plays Sold PSIX 32.25 CRWV 82.25 and In ADBE 221.50 KVYO 16.25 PATH 10.50 bidded on UBER CRM NOW but 3 longs Bad earnings from ACI but saw 11 handle Premarket MBLY added to Plays GOOG GOOGL Capex! 75% of TSLA profit is unrealized gains from SPCX which by now is worse! Fair value 75?

While I do hold a more pessimistic view of AI than you seem to, Im not making an argument for AI pessimism in this thread; I'm making an argument for Saas optimism. Saas companies do not seem to be losing any revenue due to AI, and many of them even have clever new revenue streams built around using AI within their environment. WDAY, NOW, QLYS, VEEV, CRM etc have all had nice earnings beats this year. After
 the giant valuation cut Q1 made them actually worth buying into, they have been trading with high news cycle volatility, which has done well for me buying and selling over my usual buy and hold preference.

The alternative is just going to be a similar unwieldy enterprise CRM, but with way more bugs

Every b2b SAAS product I’ve ever used is garbage. I say that as someone who sells software for a living
You may be right but market is absolutely willing to fund alternatives to the horror that is managing an enterprise CRM

We are slowly reaching that point where everyone is starting to learn that AI doesn't create enterprise software, it also doesn't create safe robust systems, it costs far more than people want to admit. Once those prices start going up and people heavily scale back usage or use cheap versions and demand peaks.
These SaaS giants that have been as profitable as ever trading at low multiples are going to be far more ingrained with AI agents and workflows. Their competitors will be paying Dev Salaries + 20-30k in tokens to get mediocre products.
You've started to see the shift. There are only a few companies out there that can truly front the 50-100b a spend a quarter and they aren't doing it with AI money. Diversify boys because the cracks are forming in the SOXX and DRAM narrative.

LONG: NOW, CRM, VEEVA, INTU, ADBE (this is probably junk but i got it for 198)

Thx. Why not NOW or CRM?