Dell Technologies (DELL) Options Chain

NYSE: DELLTechnologyComputer ManufacturingUSD

586.06+11.51 (+2.00%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $586.06
Put/call ratio (OI): 1.47
Put/call ratio (volume): 1.93
ATM implied volatility: 63.0%
Expected move: ±$418.25
Open interest (C / P): 21.10K / 30.96K

DELL options summary

The DELL options chain for the January 21, 2028 expiration lists 97 call and 87 put contracts, with 468 days until expiration. Open interest stands at 21,100 calls and 30,963 puts, a put/call ratio of 1.47, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $590.00 strike is 63.0%, which implies the market expects a move of about ±$418.25 (71.4%) in Dell Technologies stock by expiration.

The most open interest sits at the $200.00 call (2.66K contracts) and the $200.00 put (2.85K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DELL options chain · January 21, 2028

DELL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
20	1	108.1%	516.25	526.00	531.00	60.00	0.11	0.46	0.28	79.5%	50	941
0	10	—	256.48	0.00	0.00	65.00	0.00	1.96	0.57	89.8%	1	386
16	1	—	302.47	453.50	458.50	70.00	0.00	2.67	2.67	90.8%	6	705
63	1	103.3%	502.00	512.00	517.00	75.00	0.00	2.70	1.42	87.9%	2	101
0	22	—	378.04	0.00	0.00	80.00	0.00	0.75	0.50	71.5%	10	780
22	1	99.3%	482.00	502.50	507.50	85.00	0.00	2.79	0.63	82.8%	9	442
292	2	98.6%	482.78	498.00	503.00	90.00	0.50	0.96	0.60	73.1%	1	1,269
36	1	—	381.60	431.00	436.00	95.00	0.00	1.10	1.07	68.4%	26	615
138	3	97.0%	330.62	489.00	494.00	100.00	0.59	1.10	1.00	70.4%	25	1,021
22	5	94.3%	491.07	484.00	489.00	105.00	0.03	1.63	2.30	68.3%	6	1,246
62	1	—	317.95	339.00	344.00	110.00	0.14	1.42	1.40	65.9%	1	1,915
40	1	92.6%	461.02	475.00	480.00	115.00	0.49	1.95	2.55	68.4%	2	602
280	10	91.8%	461.50	470.50	475.50	120.00	0.49	2.30	2.05	68.0%	10	636
75	3	90.9%	441.61	466.00	471.00	125.00	0.41	2.23	1.57	65.7%	6	405
221	1	90.0%	346.00	461.50	466.50	130.00	1.09	3.50	2.05	70.0%	1	383
498	3	89.1%	440.00	457.00	462.00	135.00	1.44	2.69	1.75	67.1%	28	212
269	4	88.1%	449.50	452.50	457.50	140.00	2.25	2.77	2.26	67.7%	54	581
274	1	87.2%	433.35	448.00	453.00	145.00	0.89	3.25	2.65	64.0%	25	1,362
207	2	87.4%	416.75	444.00	449.00	150.00	0.39	3.60	3.14	62.1%	1	341
138	3	86.4%	370.15	439.50	444.50	155.00	1.73	4.55	4.00	65.7%	2	43
193	1	85.5%	317.15	435.00	440.00	160.00	1.88	4.85	5.00	65.0%	1	336
128	26	84.5%	373.34	430.50	435.50	165.00	1.36	5.25	5.23	63.3%	2	7
263	2	84.5%	413.78	426.50	431.50	170.00	2.40	6.40	8.89	65.5%	10	146
115	3	83.5%	378.02	422.00	427.00	175.00	2.21	7.00	5.25	64.6%	3	178
162	2	83.4%	360.00	418.00	423.00	180.00	2.50	7.00	8.60	63.6%	1	18
45	1	82.4%	320.12	413.50	418.50	185.00	3.00	7.50	7.50	63.6%	2	29
72	1	82.2%	395.10	409.50	414.50	190.00	3.50	8.00	6.83	63.4%	4	146
60	2	81.6%	369.00	405.50	410.00	195.00	4.00	8.50	10.10	63.2%	15	532
2,661	1	81.0%	397.00	401.00	406.00	200.00	7.00	9.00	9.20	65.6%	1	2,848
54	2	80.3%	382.50	393.00	398.00	210.00	5.50	10.50	12.44	62.9%	1	665
70	2	79.3%	363.30	385.00	389.50	220.00	8.05	11.50	14.75	63.4%	1	1,558
164	1	78.5%	368.25	377.00	381.50	230.00	8.55	13.00	15.25	62.4%	4	32
1,991	1	77.9%	308.00	369.00	374.00	240.00	10.00	14.50	14.80	62.0%	2	61
189	1	77.2%	369.55	361.50	366.00	250.00	12.80	15.00	17.90	61.7%	13	553
94	16	76.7%	321.15	354.00	358.50	260.00	15.10	17.55	16.61	62.2%	1	54
57	10	76.1%	302.49	346.50	351.00	270.00	16.80	19.75	18.70	62.0%	1	195
715	2	75.7%	320.75	339.00	344.00	280.00	18.55	22.05	21.20	61.6%	2	1,334
104	10	75.1%	349.25	332.00	336.50	290.00	20.00	24.05	23.49	60.9%	1	279
1,286	1	74.7%	326.00	325.00	329.50	300.00	23.05	26.75	24.57	61.2%	5	217
93	1	74.4%	314.80	318.00	323.00	310.00	25.55	28.95	28.80	60.8%	3	89
295	1	73.9%	298.15	311.00	316.00	320.00	28.20	32.50	35.00	61.0%	2	81
21	1	73.6%	296.00	304.50	309.50	330.00	30.50	34.45	33.30	60.3%	7	21
12	1	73.3%	290.50	298.00	303.00	340.00	34.75	38.00	36.60	60.8%	6	186
347	1	72.9%	278.25	291.50	296.50	350.00	37.15	40.65	38.81	60.3%	1	914
33	1	72.7%	290.00	285.50	290.50	360.00	40.85	43.80	54.13	60.2%	1	51
1,013	2	72.3%	278.00	279.50	284.00	370.00	43.00	47.20	47.40	59.7%	1	183
21	1	72.2%	253.75	273.50	278.50	380.00	47.00	50.80	50.28	59.7%	1	49
1,191	1	71.9%	249.50	267.50	272.50	390.00	50.65	54.15	67.60	59.5%	1	45
80	4	71.7%	262.25	262.00	266.50	400.00	54.50	58.30	57.05	59.5%	86	678
40	5	71.3%	226.32	256.00	261.00	410.00	58.30	62.50	75.71	59.4%	10	27
76	3	71.1%	262.00	250.50	255.50	420.00	62.55	66.45	66.50	59.3%	1	80
86	102	71.0%	232.50	245.50	250.00	430.00	66.50	70.50	69.00	59.1%	200	249
97	3	70.9%	231.36	240.50	245.00	440.00	70.50	74.25	73.55	58.7%	1	1,091
208	8	70.8%	232.50	235.50	240.00	450.00	75.35	79.00	89.00	58.8%	1	150
281	2	70.7%	206.26	230.50	235.00	460.00	79.60	83.10	84.25	58.5%	90	290
71	5	70.4%	218.95	225.50	230.00	470.00	84.00	88.00	86.74	58.3%	2	124
59	3	70.4%	198.50	220.75	225.50	480.00	89.00	93.00	91.52	58.3%	2	76
86	18	70.1%	193.05	216.00	220.50	490.00	93.50	97.75	96.21	58.1%	2	197
597	4	70.0%	216.00	211.20	216.00	500.00	98.50	103.00	101.15	58.0%	2	461
80	2	70.0%	200.85	207.50	211.50	510.00	103.80	108.00	117.05	57.9%	33	559
65	3	69.8%	191.58	202.50	207.50	520.00	109.00	113.00	122.90	57.7%	3	98
45	1	69.8%	200.00	199.00	203.00	530.00	114.30	118.50	128.60	57.6%	4	57
173	52	69.7%	191.90	194.85	199.00	540.00	119.65	123.95	134.85	57.5%	1	62
166	19	69.5%	188.00	190.25	195.00	550.00	125.10	129.50	129.55	57.3%	84	829
172	1	69.5%	187.05	187.00	191.00	560.00	131.00	135.00	158.68	57.2%	1	105
66	2	69.4%	175.95	183.00	187.00	570.00	136.50	140.50	158.70	57.0%	1	32
168	9	69.3%	180.70	179.00	183.50	580.00	142.50	146.50	169.90	56.9%	26	31
DELL $586.06
53	5	69.2%	170.79	175.50	179.50	590.00	148.50	152.50	154.70	56.8%	1	106
1,073	2	69.0%	173.75	171.25	176.00	600.00	154.50	158.35	181.25	56.7%	12	63
61	20	69.0%	164.78	168.10	172.50	610.00	160.50	164.50	177.00	56.5%	1	3
48	2	68.9%	164.15	164.50	169.00	620.00	166.50	170.70	171.60	56.4%	25	64
22	2	68.9%	160.85	161.50	165.50	630.00	173.00	177.50	191.05	56.4%	2	60
114	1	68.9%	140.90	158.50	162.50	640.00	179.50	183.75	198.05	56.2%	4	12
382	15	68.8%	151.73	155.00	159.50	650.00	186.00	189.80	211.46	56.0%	50	179
34	4	68.7%	151.40	152.00	156.00	660.00	192.50	196.20	210.00	55.9%	2	30
118	2	68.7%	138.79	148.75	153.00	670.00	199.00	203.45	281.20	55.8%	4	37
397	3	68.6%	148.90	146.00	150.00	680.00	205.50	209.95	225.25	55.6%	2	154
95	18	68.5%	143.17	142.75	147.00	690.00	212.50	217.00	244.11	55.6%	4	3
864	5	68.5%	134.06	139.95	144.50	700.00	219.50	223.75	224.75	55.5%	25	211
71	2	68.5%	146.50	137.50	141.50	710.00	226.50	230.55	248.61	55.3%	1	1
72	1	68.4%	130.39	134.50	139.00	720.00	—	—	—	—	—	—
14	1	68.5%	129.70	132.00	136.50	730.00	240.50	244.80	269.70	55.1%	—	1
80	2	68.4%	127.00	129.50	133.50	740.00	—	—	—	—	—	—
94	1	68.3%	127.80	127.00	131.00	750.00	—	—	—	—	—	—
53	1	68.3%	110.00	124.50	128.50	760.00	—	—	—	—	—	—
144	4	68.1%	110.05	121.50	126.00	770.00	269.50	273.90	333.48	54.5%	2	11
5	2	68.1%	109.80	119.00	124.00	780.00	276.50	281.50	310.60	54.4%	—	1
62	1	68.2%	116.15	117.50	121.50	790.00	—	—	—	—	—	—
99	3	68.2%	115.42	115.00	119.50	800.00	291.50	296.20	325.99	54.0%	2	2
62	4	68.2%	111.50	113.25	117.00	810.00	299.00	304.00	331.40	53.9%	—	1
5	4	68.1%	109.40	110.45	115.00	820.00	307.00	312.00	344.45	53.9%	—	1
7	2	68.0%	107.80	108.00	113.00	830.00	—	—	—	—	—	—
13	4	68.0%	105.65	106.00	111.00	840.00	—	—	—	—	—	—
10	1	68.0%	105.00	104.25	109.00	850.00	—	—	—	—	—	—
63	—	67.9%	92.86	100.00	105.00	870.00	—	—	—	—	—	—
21	3	68.0%	87.85	99.20	103.00	880.00	—	—	—	—	—	—
226	17	68.0%	101.20	97.20	101.00	890.00	362.00	366.45	374.00	52.8%	13	34

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DELL put/call ratio?

For the January 21, 2028 expiration, the DELL put/call ratio based on open interest is 1.47 (30,963 puts vs 21,100 calls), and 1.93 based on today's volume. A ratio above 1 means more puts than calls.

What is DELL's implied volatility?

At-the-money implied volatility for DELL options expiring January 21, 2028 is about 63.0%, an annualized estimate of how much the market expects Dell Technologies stock to move.

How many DELL option expiration dates are there?

DELL has 18 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.