Options Corner: DELL Trade Ahead of Earnings

Dell Technologies (DELL) reports earnings after Tuesday's close. Rick Ducat pinpoints several technical developments occurring on its chart and draws upon previous chart patterns to show near-term areas to watch into the report. Rick looks at the recent downward trend forming, and underlines the $124 volume area as a higher trading node to monitor. Later, Tom White composes an example options strategy in DELL using a call vertical trade with a neutral to bullish direction.

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