Deep-pocketed investors have adopted a bullish approach towards Dell Technologies DELL, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Dell Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 30% bearish. Among these notable options, 11 are puts, totaling $1,036,840, and 9 are calls, amounting to $826,644.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $150.0 for Dell Technologies during the past quarter.
Insights into 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 $60.0 to $150.0 in the last 30 days.
Dell Technologies Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | CALL | SWEEP | BEARISH | 07/18/25 | $15.35 | $15.15 | $15.15 | $120.00 | $439.3K | 86 | 290 |
| DELL | PUT | SWEEP | BULLISH | 01/10/25 | $3.65 | $3.6 | $3.6 | $118.00 | $244.8K | 112 | 682 |
| DELL | PUT | TRADE | BULLISH | 01/10/25 | $2.35 | $2.3 | $2.3 | $115.00 | $229.0K | 175 | 1.0K |
| DELL | PUT | TRADE | NEUTRAL | 06/20/25 | $10.15 | $10.0 | $10.07 | $110.00 | $201.4K | 2.5K | 330 |
| DELL | CALL | TRADE | BEARISH | 02/21/25 | $19.15 | $18.9 | $18.95 | $100.00 | $113.7K | 405 | 61 |
About Dell Technologies
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
In light of the recent options history for Dell Technologies, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Dell Technologies Standing Right Now?
- With a trading volume of 3,503,559, the price of DELL is down by -1.53%, reaching $117.45.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 62 days from now.
What The Experts Say On Dell Technologies
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $142.0.
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Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Dell Technologies with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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