Is DELL Ready To Make Its Move???

١١ أغسطس

DELL – Weekly and daily now show bullish structure forming after selling off for the last 5 week. Also, positioning is heavily swayed towards the call side with 30k+ Open Interest on the 160 and 180 strikes. On the downside the 85 strike has 12k Open Interest which is where DELL gapped up from 81.9 - 85.4. Ideally would like a gap down on open under 90 to look for longs.