Shares of Dell Inc. (DELL) are up .02 to 14.22 today. Dell is trading $2 under the 52-week high.
Today calls traded in size, 20,000 and 12,500 contracts, in the DELL Jan 2015 15 strike for .59 and .63. The average contract volume is 103,000 contracts per day in the name.? Open interest is 19,100 contracts.
The trade went up in two blocks lifting the offer through Auto Execution.? The IV is trading highest in the 2015 cycle which is strange considering DELL is in talks for an all cash deal.? The trade looks like very bullish opening paper.
30-day implied volatility is 14%.? 10-day implied volatility is 14%.? 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. Dell is a holding company that conducts its business worldwide through its subsidiaries.