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Options market implies roughly 11% move ahead of Dell earnings

BeInCrypto +1 ·

DELL Dell Technologies Inc
$425.00 -6.80%
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  1. 1Dell Technologies (DELL) reports second-quarter results after Tuesday's close, with options implying a move of about 11%
  2. 2Based on Monday's close of $456.01, the ATM straddle is around $52, and revenue guidance stands at $44–45 billion
  3. 3Coming off a record prior quarter, expectations are high, with annual guidance raise and second-half supply commentary set to determine the straddle's profitability

This 3-line summary is compiled from the report below.

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