Shares of Dell Inc. (DELL) traded down .05 yesterday to 14.04.?? DELL is trading $2 off of its 52-week highs.
Yesterday on the close paper traded the DELL Jan 2015 15 level calls for .58 near the bid.? Average volume is 105,000 contracts per day.? Open interest is over 40,000 contracts.
The trade went up as the low volatility tick of the day at around 14.78%.? The 15 calls are well above the current takeout price for DELL.
30-day implied volatility is 14%.?? 10-day implied volatility is 6%.? 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.