Dell Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown unusual bearish options activity towards Dell Technologies (NYSE:DELL), with 72% of the activity being bearish. This significant move suggests potential upcoming volatility. Analysts have mixed ratings, with a consensus target price of $165.0.
June 26, 2024 | 3:04 pm
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Dell Technologies has seen significant bearish options activity, with 72% of the trades being bearish. This suggests potential short-term volatility. Analysts have mixed ratings, with a consensus target price of $165.0.
The high percentage of bearish options activity (72%) suggests that significant investors are expecting a decline in Dell's stock price. This is further supported by the mixed analyst ratings and the current market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100