DELL News & Events

EMC Corp has been awarded a $984,306,494 ceiling, firm-fixed-price, indefinite-delivery/indefinite-quantity contract forinstrumentation, configuration, management, support, and development III. This contract provides continued modernization, sustainment, and maturation of test and assessment data technologies. Work will be performed atIrvine, Californiaand is expected to be completed by April 16, 2036.

Mixed options sentiment in Dell Technologies (DELL), with shares up $2.65, or 1.38%, near $195.75. Options volume roughly in line with average with 15k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.8. Implied volatility (IV30) dropped 2.29 near 51.4,and above the 52wk median, suggesting an expected daily move of $6.34. Put-call skew flattened, suggesting a modestly bullish tone.