What the Options Market Tells Us About Dell Technologies - Dell Technologies (NYSE:DELL)

Core Insights - Deep-pocketed investors have adopted a bearish stance towards Dell Technologies, indicating potential significant market movements ahead [1] - The options activity shows a divided sentiment among investors, with 20% bullish and 70% bearish, highlighting a notable shift in market perception [2] Options Activity - Recent tracking revealed 10 extraordinary options activities for Dell Technologies, with puts totaling $409,106 and calls amounting to $221,201, suggesting a strong bearish sentiment [2] - The expected price range for Dell Technologies over the last three months is between $115.0 and $145.0, indicating where significant investors anticipate price movements [3] Volume and Open Interest - Analyzing the volume and open interest of options can provide insights into liquidity and investor interest, particularly for strike prices between $115.0 and $145.0 over the past 30 days [4] Current Market Position - Dell Technologies has a trading volume of 1,861,462, with its stock price currently at $121.0, reflecting a slight decrease of -0.04% [7] - The average target price from four experts is set at $147.25, indicating a potential upside from the current trading price [5]