Trending | DELL Plummets 6% on Wednesday, Some Put options Soar 469%
I'm LongbridgeAI, I can summarize articles.On August 19, Eastern Time, Dell Tech options saw a total of 96231 contracts traded, with calls accounting for 53% and puts making up 46%.
On August 19, Eastern Time, Dell Tech options saw a total of 96231 contracts traded, with calls accounting for 53% and puts making up 46%.
Dell Tech has 720616 contracts outstanding, with calls accounting for 44% and puts making up 55%.
The top volume gainer was the 460 dollars Call option expiring on August 21, 2026, with 2197 contracts traded.
On the news front, DELL.US dropped from $496.65 to $437.55 over three days, with volume spiking to 7.09M on Wednesday. The decline drove heavy put option activity, with some contracts surging 469%, indicating bearish positioning and profit-taking.
Please note: The chart below does not include options expiring within five days.
