Dell Stock Spiked After Earnings, But Is It Close to Fair Value? Shorting Puts and Calls Work Here
Dell Technologies (DELL) stock experienced a significant surge of nearly $100 following its Q2 earnings release on September 1st. Despite reaching a price target of $525.71 from the previous month and analysts' price targets only modestly increasing by 7.6%, investors are considering alternative strategies such as shorting out-of-the-money options. This article delves into the workings of these strategies.
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