Huge Options Volume on Dell For Second Day in a Row (DELL)

Shares of Dell Inc. DELL are lower on the session by 0.59%, currently trading at $15.90. Shares are trading near their low of the day. Options volume is exploding on the name for the second day in a row. Over 151,000 puts have traded so far, as well as over 84,000 calls. This is enormous volume. The most interesting trade of the day was the purchase of the May $15/14 1x2 put spread for $0.06; this trade was executed 4,750 times. Dell Inc., is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers, software and peripherals, servers and networking products, storage and services.