What the Options Market Tells Us About Dell Technologies
Portfolio Pulse from Benzinga Insights
Whales have taken a bullish stance on Dell Technologies (NYSE:DELL) based on recent options trades. 44% of the trades were bullish, with a significant amount of money spent on calls. The predicted price range for DELL is between $110.0 and $140.0. The stock is currently trading at $114.64, up by 0.95%, and is considered oversold. An analyst from Evercore ISI Group has maintained an Outperform rating with a price target of $165.
July 29, 2024 | 2:02 pm
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Whales have shown a bullish stance on Dell Technologies with significant options trades. The stock is currently trading at $114.64, up by 0.95%. An analyst from Evercore ISI Group has maintained an Outperform rating with a price target of $165.
The bullish sentiment from whales and the significant amount of money spent on call options suggest a positive short-term outlook for DELL. Additionally, the stock's current price increase and the analyst's Outperform rating with a high price target further support this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100