Check Out What Whales Are Doing With DHR

Whales with a lot of money to spend have taken a noticeably bullish stance on Danaher.

Looking at options history for Danaher DHR we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $569,625 and 9, calls, for a total amount of $665,392.

Latest Startup Investment Opportunities:

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $250.0 for Danaher, spanning the last three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Danaher's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Danaher's substantial trades, within a strike price spectrum from $95.0 to $250.0 over the preceding 30 days.

Danaher 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
DHR CALL SWEEP BULLISH 01/17/25 $95.00 $191.6K 190 16
DHR PUT SWEEP BEARISH 02/16/24 $220.00 $165.5K 1.2K 540
DHR CALL SWEEP BULLISH 02/16/24 $240.00 $129.8K 2.5K 517
DHR CALL SWEEP BULLISH 02/02/24 $232.50 $99.0K 84 286
DHR PUT SWEEP BEARISH 02/16/24 $220.00 $96.0K 1.2K 840

About Danaher

In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in two segments--life sciences and diagnostics--after the late 2023 divesititure of its environmental and applied solutions group, Veralto.

In light of the recent options history for Danaher, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Danaher

  • Trading volume stands at 1,055,468, with DHR's price up by 0.66%, positioned at $230.12.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 5 days.

Expert Opinions on Danaher

In the last month, 1 experts released ratings on this stock with an average target price of $240.0.

  • An analyst from Barclays has revised its rating downward to Equal-Weight, adjusting the price target to $240.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Danaher options trades with real-time alerts from Benzinga Pro.

DHR Logo
DHRDanaher Corp
$196.022.01%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
21.17
Growth
54.25
Quality
32.64
Value
17.48
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Comments
Loading...