A Closer Look at Dell Technologies's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Dell Technologies (NYSE:DELL) options, with a notable amount of bullish activity. Benzinga's options scanner highlighted 51 extraordinary options activities, with 38 calls and 13 puts. The trading volumes and open interest suggest a focus on a price band between $95.0 and $250.0. Analysts have mixed ratings on DELL, with target prices ranging from $97 to $175.
June 28, 2024 | 5:46 pm
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Deep-pocketed investors are showing significant interest in Dell Technologies options, with a notable amount of bullish activity. Benzinga's options scanner highlighted 51 extraordinary options activities, with 38 calls and 13 puts. The trading volumes and open interest suggest a focus on a price band between $95.0 and $250.0.
The significant options activity, particularly the high volume of calls, indicates bullish sentiment among investors. This could lead to a short-term price increase for DELL. However, the mixed analyst ratings introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100