Dell Technologies Inc. (NYSE:DELL)  shares are trading lower on Tuesday. The company announced a significant reorganization within its sales teams, including job cuts and a new focus on artificial intelligence (AI) products and services.

Options Trading Activity: Market sentiment towards Dell Technologies is currently mixed but leans bullish among deep-pocketed investors. The sentiment among these investors is divided, with 53% bullish and 21% bearish. Notably, 14 put options worth $929,342 and 18 call options worth $2,567,068 were identified.

These options trades suggest that investors are eyeing a price range of $80.0 to $150.0 for Dell Technologies over the next three months.

Market Status and Performance: Dell Technologies’ current market position shows a volume of 6,048,314. The next earnings release is expected in 23 days, with expected EPS of $1.68 and expected revenue of 24.129 billion.

Dell Price Action: Dell Technologies shares fell 3.90%, trading at $94.35 according to Benzinga Pro.

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