Dell Technologies Option Alert: Oct 20 $71.5 Calls Sweep (58) near the Ask: 10000 @ $1.202 vs 40 OI; Ref=$69.22
Portfolio Pulse from Charles Gross
An option alert has been issued for Dell Technologies, with a sweep of 10,000 calls at $1.202 for October 20 at a strike price of $71.5. The reference price is $69.22.
September 29, 2023 | 2:39 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The large volume of call options for Dell indicates that investors are expecting the stock price to rise above $71.5 by October 20.
The large volume of call options indicates a bullish sentiment among investors, as they are betting that the stock price will rise above the strike price by the expiration date. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100