Trending | DELL Plummets 6% on Thursday, Some Put options Soar 1100%

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On October 15, Eastern Time, Dell Tech options saw a total of 246047 contracts traded, with calls accounting for 48% and puts making up 51%.

On October 15, Eastern Time, Dell Tech options saw a total of 246047 contracts traded, with calls accounting for 48% and puts making up 51%.

Dell Tech has 745721 contracts outstanding, with calls accounting for 41% and puts making up 58%.

The top volume gainer was the 500 dollars Call option expiring on October 16, 2026, with 10487 contracts traded.

On the news front, DELL.US dropped from $572.47 to $473.39 as volume hit 16.4M. The plunge coincides with put options surging 1100%, reflecting intense selling and hedging pressure driving sharp downside volatility.

Please note: The chart below does not include options expiring within five days.

Top 5 Options by Volume Change

OptionCloseChangeVolume
DELL 261023 525 Call3.93-68.56%3.24K
DELL 261023 500 Call9-62.50%1.99K
DELL 261023 450 Put11.5+202.63%1.63K
DELL 261023 330 Put0.22+340%1.30K
DELL 261023 550 Call1.6-75.23%1.24K

Options Open Interest Change

OptionCloseChangeOpen Interest
DELL 261023 330 Put0.22+340%2.78K
DELL 261030 850 Call0.040%1.32K
DELL 261023 450 Put11.5+202.63%1.17K
DELL 261023 350 Put0.34+100%1.14K
DELL 261113 660 Call1.67-64.76%1.14K

High Implied Volatility

OptionCloseVolumeOpen InterestImplied Volatility
DELL 261023 585 Put126.71348168.5%
DELL 261023 580 Put121.331977163.0%
DELL 261023 575 Put115.4914139155.3%
DELL 261030 587.5 Put134300142.5%
DELL 261023 600 Put133.982818140.2%

Source: Options Flow The copyright of this article belongs to the original author/organization.

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