Unpacking the Latest Options Trading Trends in Dell Technologies
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Dell Technologies (NYSE:DELL) show a bearish stance among significant investors, with 50% of trades being bearish. The trading activity suggests a price range of $120.0 to $160.0 for DELL over the next three months. Analysts maintain positive ratings with target prices between $155 and $165.
July 05, 2024 | 3:02 pm
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NEGATIVE IMPACT
Recent options trading trends for Dell Technologies indicate a bearish stance among significant investors, with 50% of trades being bearish. The trading activity suggests a price range of $120.0 to $160.0 for DELL over the next three months. Analysts maintain positive ratings with target prices between $155 and $165.
The majority of options trades are bearish, indicating a negative sentiment among significant investors. However, analysts maintain positive ratings, which could mitigate the negative impact. The stock is currently down by -0.3%, and the RSI suggests it may be approaching overbought territory.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100