Dell Inc (DELL) $13.86 +3.74%

| December 21, 2010 | 0 Comments More

DELL adds 50 cents to $13.86 and options volume is 3X the average daily, being led by a Jan 15 – 16 call spread apparently sold at 53 cents, 14292X. Looks like a roll out of Jan and selling-to-open a new position in August 16 calls, perhaps against a position against stock.

Category: All Stocks, Large Cap Stocks, Technology Hardware & Equipment

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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