Dell Technologies Options Trading: A Deep Dive into Market Sentiment

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Deep-pocketed investors have adopted a bearish 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 11 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 36% leaning bullish and 63% bearish. Among these notable options, 4 are puts, totaling $302,935, and 7 are calls, amounting to $1,590,686.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $90.0 to $123.0 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 $90.0 to $123.0 in the last 30 days.

Dell Technologies 30-Day Option Volume & Interest Snapshot

Options Call Chart

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 BEARISH 04/17/25 $13.2 $12.8 $12.8 $110.00 $1.2M 868 1.0K
DELL PUT SWEEP BEARISH 02/07/25 $2.71 $2.7 $2.7 $112.00 $176.1K 141 617
DELL CALL SWEEP BEARISH 04/17/25 $8.05 $7.8 $7.8 $120.00 $78.0K 2.3K 118
DELL PUT SWEEP BEARISH 02/07/25 $2.76 $2.56 $2.75 $112.00 $71.3K 141 913
DELL CALL TRADE BULLISH 02/21/25 $24.0 $24.0 $24.0 $90.00 $60.0K 229 25

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.

After a thorough review of the options trading surrounding Dell Technologies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Dell Technologies's Current Market Status

  • With a trading volume of 870,024, the price of DELL is down by -2.55%, reaching $112.19.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 35 days from now.

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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Dell Technologies options trades with real-time alerts from Benzinga Pro.

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