Dell Technologies Inc. (DELL)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 12:35 UTC · Figures derived from the full chain (3,546 contracts, 18 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±16.0% (range 392.36–541.36) by Nov 20, 2026. ATM straddle: 74.50 @ strike 470 · ATM IV: 64.8%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 420.18 | -10% | 67.5% | 32.5% |
| 443.52 | -5% | 56.8% | 43.2% |
| 466.86 | -0% | 46.2% | 53.8% |
| 490.21 | +5% | 36.3% | 63.7% |
| 513.55 | +10% | 27.7% | 72.3% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±8.2% | 70.7% | 50.0K |
| Oct 30, 2026 | 11 | ±10.8% | 68.5% | 24.2K |
| Nov 06, 2026 | 18 | ±12.9% | 67.3% | 7,223 |
| Nov 13, 2026 | 25 | ±14.4% | 65.8% | 6,901 |
| Nov 20, 2026 | 32 | ±16.0% | 64.8% | 76.3K |
| Nov 27, 2026 | 39 | ±18.1% | 67.9% | 3,919 |
| Dec 18, 2026 | 60 | ±21.8% | 66.5% | 96.4K |
| Jan 15, 2027 | 88 | ±25.1% | 63.9% | 139.1K |
| Feb 19, 2027 | 123 | ±28.6% | 62.3% | 7,249 |
| Mar 19, 2027 | 151 | ±32.5% | 64.1% | 47.9K |
| Apr 16, 2027 | 179 | ±34.6% | 63.1% | 6,406 |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 500 P · 6,381400 P · 6,257550 C · 5,289600 C · 5,279340 P · 5,028
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 65.6% of the time.
Past earnings reactions
Avg |reaction| 11.7% · median 7.9% (21 reports). Two-session close-to-close window; definition
About Dell Technologies Inc.
Dell Technologies Inc. is a worldwide technology leader that designs, develops, manufactures, markets, sells, and provides support for a broad spectrum of information technology (IT) solutions, products, and services. The company's business activities are structured into three primary segments: the Infrastructure Solutions Group (ISG), the Client Solutions Group (CSG), and VMware. The ISG division focuses on delivering enterprise-grade offerings, including both traditional and next-generation storage solutions, alongside various server configurations such as rack, blade, tower, and hyperscale models. This segment also provides networking products and related services aimed at helping corporate clients modernize their IT infrastructure, enrich end-user experiences, and accelerate critical business applications and processes. Complementary software, peripherals, and extensive support services—encompassing deployment, configuration, and extended warranties—are also part of its portfolio. The CSG segment addresses end-user computing requirements by offering personal computers like desktops, workstations, and notebooks, as well as displays and projectors. It further includes proprietary
Technology · Computer Hardware · NYSE · Profile: Financial Modeling Prep
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