Market Whales and Their Recent Bets on DELL Options
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bearish stance on Dell Technologies (NYSE:DELL), with a significant number of options trades indicating a potential price range target of $100.0 to $165.0. The sentiment among these investors is mixed, with a majority leaning towards bearish. The volume and open interest in Dell's options have seen notable activity, with a focus on calls. Currently, Dell's stock is slightly down, with analysts giving mixed ratings but generally leaning towards a positive outlook with target prices ranging from $94 to $129.
March 27, 2024 | 7:45 pm
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NEUTRAL IMPACT
Dell Technologies has seen significant options trading activity, indicating a bearish sentiment among high-rolling investors. Analyst ratings are mixed but generally positive, with target prices suggesting a potential upside.
The bearish sentiment from options trades contrasts with the generally positive outlook from analysts, creating a mixed signal for the stock's short-term movement. The significant options activity, especially in calls, suggests that while there's a bearish lean, the overall market sentiment isn't strongly negative. Analysts' target prices, which are mostly above the current trading price, indicate an expected upside, supporting a neutral short-term impact score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100