Whales with a lot of money to spend have taken a noticeably bullish stance on Dell Technologies ( DELL ).

Looking at options history for Dell Technologies ( DELL ) we detected 26 trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 42% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $688,663 and 15, calls, for a total amount of $1,063,784.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $145.0 for Dell Technologies ( DELL ) during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Dell Technologies's ( DELL ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Dell Technologies's ( DELL ) substantial trades, within a strike price spectrum from $50.0 to $145.0 over the preceding 30 days.

Dell Technologies Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About Dell Technologies

Dell Technologies ( DELL ) is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

Having examined the options trading patterns of Dell Technologies ( DELL ), our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Dell Technologies Standing Right Now?

With a volume of 2,797,437, the price of DELL is down -0.29% at $112.34.

RSI indicators hint that the underlying stock may be oversold.

Next earnings are expected to be released in 70 days.

Expert Opinions on Dell Technologies

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $150.6.

Unusual Options Activity Detected: Smart Money on the Move

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* Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Dell Technologies ( DELL ), targeting a price of $150.

* Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Dell Technologies ( DELL ) with a target price of $156.

* In a cautious move, an analyst from Evercore ISI Group downgraded its rating to Outperform, setting a price target of $150.

* Maintaining their stance, an analyst from Deutsche Bank continues to hold a Buy rating for Dell Technologies ( DELL ), targeting a price of $142.

* Consistent in their evaluation, an analyst from Melius Research keeps a Buy rating on Dell Technologies ( DELL ) with a target price of $155.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Dell Technologies ( DELL ) with Benzinga Pro for real-time alerts.