Dell Technologies Unusual Options Activity For September 06
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Dell Technologies (NYSE:DELL) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The price range targeted by these investors for Dell Technologies over the last 3 months is from $20.0 to $80.0. The current price of DELL is up 3.48% at $70.47. Several financial institutions have maintained their ratings on Dell, with price targets ranging from $53 to $70.
September 06, 2023 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Unusual options activity indicates a significant bearish stance on Dell Technologies. The price range targeted by these investors over the last 3 months is from $20.0 to $80.0. The current price of DELL is up 3.48% at $70.47.
The unusual options activity, with a significant bearish stance, indicates that large investors are expecting the price of Dell Technologies to decrease. This could potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100