Shares of Dell Inc. (DELL) are lower to 13.30 down .33. ?DELL is trading at near recent highs on buyout speculation.
Today paper bought a large block of 8,000 DELL Feb 11 puts for 0.04.? The average contract volume is 6,000 contracts per day in the name.? Open interest is over 79,000 contracts on the strike.? The implied volatility is up 8.6 points in Feb. ?The trade looks to be a trader closing some short puts but check the OI tomorrow.
30-day implied volatility is 29%.?? 10-day implied volatility is 21%.? 30-day implied volatility is trading above the 10-day historical volatility.
Dell Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels.