Quantchabot has detected a new Bear Call Spread trade opportunity for DELL TECHNOLOGIES INC (DELL) for the 21-Aug-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
DELL was recently trading at $394.40 and has an implied volatility of 78.07% for this period. Based on an analysis of the options available for DELL expiring on 21-Aug-2026, there is a 34.17% likelihood that the underlying will close within the analyzed range of $290.38-$396.10 at expiration. In this scenario, the average linear return for the trade would be 28.32%.
Big -9.14% Change: After closing the last trading session at $434.06, DELL TECHNOLOGIES INC opened today at $414.54 and has reached a low of $391.05.
Trade approach: A movement as big as -9.14% is a significantly bearish indicator, so this trade is designed to be profitable if DELL maintains its current direction and does not revert back to pricing on the bullish side of $394.40 on 21-Aug-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if DELL TECHNOLOGIES INC closes at or below $396.10 on 21-Aug-2026. Based on our risk-neutral analysis, there is a 50.00% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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