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Dell Call Options Fall Into Bargain Basement

 

Investors who are bullish on Dell (DELL Quote), even after the company's nauseating earnings warning, may be playing some cheap call options out there for the bidding.

"Dell has one of the most overowned stocks, along with Micron Technology (MU Quote)" and some other popular technology favorites, said R.F. Lafferty's Jay Shartsis, who, by his own admission, has been a longtime bear on the overall market.

Volatility Index
Today % Change
26.57 -9.75
Source: ILX
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