Looking At Dell Technologies's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity for Dell Technologies (NYSE:DELL) has been observed, with significant trades indicating a mixed sentiment among big-money investors. The options trades include 6 puts and 2 calls, with a total trade value of $704,775 and $87,830 respectively. The price target for DELL is projected to be between $125.0 and $149.0 over the next three months. Currently, DELL is trading at $126.42, up by 1.0%, with an RSI suggesting it may be oversold. An analyst from Evercore ISI Group maintains an Outperform rating with a target price of $165.
July 18, 2024 | 1:46 pm
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Recent unusual options activity for Dell Technologies indicates mixed sentiment among big-money investors, with a price target between $125.0 and $149.0 over the next three months. Currently trading at $126.42, up by 1.0%, with an RSI suggesting it may be oversold. An analyst from Evercore ISI Group maintains an Outperform rating with a target price of $165.
The unusual options activity, combined with the mixed sentiment among big-money investors and the current trading price, suggests potential volatility in the short term. The analyst's Outperform rating and higher price target provide a positive outlook.
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