Market Whales and Their Recent Bets on DELL Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bearish stance on Dell Technologies, with 60% of recent options trades being bearish. The options activity suggests a price range target of $80 to $140. Despite this, Dell's stock is up 1.59% to $119.18, with analysts maintaining positive ratings and target prices between $140 and $160.
September 25, 2024 | 2:30 pm
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NEUTRAL IMPACT
Dell Technologies has seen a bearish sentiment from market whales, with 60% of recent options trades being bearish. However, the stock price has risen by 1.59% to $119.18. Analysts maintain positive ratings with target prices ranging from $140 to $160.
The bearish sentiment from options traders suggests potential downward pressure, but the stock's recent price increase and positive analyst ratings provide a counterbalance. The mixed signals result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100