Dell Options Active Ahead Of Earnings Report

Computer giant Dell (Nasdaq: DELL) reports earnings after the close today and analysts expect the company to post a profit of 28 cents a share, though the whisper numbers peg the profit at 29 cents or 30 cents a share.

Options traders poured into the December 16 calls, which traded more than 10,500 contracts today against open interest of 6,348 contracts. Trading in those calls featured a near-even mix of buying and selling.

Those traders who bought the calls will need Dell to move above $16.59 by December expiration in order to make money.