Financial giants have made a conspicuous bullish move on Dell Technologies. Our analysis of options history for Dell Technologies DELL revealed 20 unusual trades.
Delving into the details, we found 45% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $240,105, and 16 were calls, valued at $947,123.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $145.0 for Dell Technologies over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dell Technologies's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dell Technologies's whale trades within a strike price range from $100.0 to $145.0 in the last 30 days.
Dell Technologies Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | CALL | SWEEP | BULLISH | 06/21/24 | $11.5 | $11.4 | $11.5 | $125.00 | $159.8K | 6.8K | 247 |
| DELL | PUT | SWEEP | BEARISH | 06/21/24 | $2.9 | $2.85 | $2.85 | $110.00 | $129.7K | 1.2K | 479 |
| DELL | CALL | TRADE | BULLISH | 06/21/24 | $5.6 | $5.4 | $5.55 | $140.00 | $111.0K | 8.0K | 11 |
| DELL | CALL | TRADE | BEARISH | 06/21/24 | $7.9 | $7.8 | $7.8 | $135.00 | $101.4K | 3.4K | 307 |
| DELL | CALL | SWEEP | BULLISH | 06/21/24 | $7.7 | $7.6 | $7.69 | $135.00 | $84.6K | 3.4K | 134 |
About Dell Technologies
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
Present Market Standing of Dell Technologies
- With a trading volume of 2,419,003, the price of DELL is up by 1.96%, reaching $127.56.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 24 days from now.
What The Experts Say On Dell Technologies
1 market experts have recently issued ratings for this stock, with a consensus target price of $141.0.
- An analyst from UBS persists with their Buy rating on Dell Technologies, maintaining a target price of $141.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dell Technologies, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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