Dell shares fall ahead of earnings; options signal ~10% swing
Dell Technologies shares dropped more than 4% before quarterly results after the market close. Options contracts expiring Friday imply a move of about 10%, or roughly $50 based on current pricing.
Story updates
08:16:44 PM UTC
SquawkNews
Dell Technologies (DELL, Financials) is heading into earnings with traders hoping for anything except a muted reaction.Shares were down more than 4% Tuesday morning near $436 and the options market is pricing in a move of roughly 11% after the company publishes results after the closing bell.That i…
Dell Technologies NYSE:DELL came under pressure Tuesday, with shares down more than 4% before the company reports quarterly results after the market closes.The options market is signaling an unusually wide potential reaction.
Contracts expiring Friday imply a move of about 10%, or roughly $50 based…