Dell (NASDAQ: DELL) is expected to announce Q3 EPS of 35c on November 29 according to Thomson First Call.
Smith Barney says: "Reiterate Buy – we continue to believe that CY08 consensus EPS underestimates that positive impact of retail expansion, headcount reductions and share repurchase."
DELL December option implied volatility of 45 is above its 26-week average of 28 according to Track Data, indicating larger price fluctuations.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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