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Options Corner: Dell Technologies Attracts High-Rolling Investors Placing Bearish Bets

Benzinga ·  Mar 7 12:41

High-rolling investors have positioned themselves bearish on$Dell Technologies (DELL.US)$, and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in DELL often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 33 options trades for Dell Technologies. This is not a typical pattern.

The sentiment among these major traders is split, with 45% bullish and 54% bearish. Among all the options we identified, there was one put, amounting to $59,340, and 32 calls, totaling $2,574,441.

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