DELL Options
DELL $469.25 · Updated Oct 26, 4:00 PM ET
DELL is at $469.25. The nearest expiration, Oct 30, 2026 (4 days out), lists 146 strikes, with 29,117 calls and 10,392 puts traded in the latest session. At-the-money implied volatility is 76.0%. The at-the-money straddle prices a move of about $29.90 (6.4%) by expiration.
DELL Options Chain
DELL is at $469.25. The nearest expiration, Oct 30, 2026 (4 days out), lists 146 strikes, with 29,117 calls and 10,392 puts traded in the latest session. At-the-money implied volatility is 76.0%. The at-the-money straddle prices a move of about $29.90 (6.4%) by expiration.
DELL Gamma Exposure (GEX)
DELL total dealer gamma exposure is -$24M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $484.20, with spot 3.1% below it. The call wall is $500.00 and the put wall $400.00.
DELL Max Pain
DELL max pain for Oct 30, 2026 (4 days out) is $480.00, 2.3% above the current $469.25. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $480.00.
DELL Put/Call Ratio
Across every listed DELL expiration, the put/call ratio is 0.55 by volume and 1.52 by open interest. More calls than puts are trading. 276,865 puts and 182,710 calls are open in total.
DELL Implied Volatility
DELL at-the-money implied volatility is 76.0% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 72.2%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
DELL Open Interest by Strike
Across all DELL expirations, the largest call open interest near the current $469.25 sits at the $500.00 strike (9,889 contracts) and the largest put open interest at $400.00 (12,772). 182,710 calls and 276,865 puts are open in total.
DELL Expected Move
The options market prices DELL to move about $29.90 (6.4%) by Oct 30, 2026, a range of $439.35 to $499.15. For Nov 27, 2026 (32 days out) the expected move is $79.70 (17.0%).
