Dell Technologies Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Dell Technologies (NYSE:DELL) through options trading. Analysis reveals 56% bearish trades with significant put options activity. The stock is currently down by 0.71% at $127.38, with an average analyst target price of $165.0.
July 23, 2024 | 3:33 pm
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Dell Technologies has seen a significant bearish sentiment in options trading, with 56% of trades being bearish. The stock is currently down by 0.71% at $127.38, and analysts have an average target price of $165.0.
The significant bearish sentiment in options trading, with 56% of trades being bearish, indicates a negative outlook from major investors. This is likely to put downward pressure on the stock price in the short term. The current stock price is $127.38, down by 0.71%, and the average analyst target price is $165.0, suggesting potential for recovery but immediate bearish sentiment prevails.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100