Whales with a lot of money to spend have taken a noticeably bearish stance on Vertiv Hldgs.
Looking at options history for Vertiv Hldgs VRT we detected 25 trades.
If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 68% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $155,610 and 22, calls, for a total amount of $1,116,205.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $37.5 to $90.0 for Vertiv Hldgs over the recent three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vertiv Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vertiv Hldgs's whale trades within a strike price range from $37.5 to $90.0 in the last 30 days.
Vertiv Hldgs Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VRT | CALL | TRADE | NEUTRAL | 06/21/24 | $75.00 | $120.0K | 1.5K | 271 |
| VRT | CALL | SWEEP | BULLISH | 07/19/24 | $50.00 | $92.9K | 4.2K | 98 |
| VRT | CALL | TRADE | NEUTRAL | 03/01/24 | $63.00 | $89.4K | 52 | 201 |
| VRT | CALL | SWEEP | BULLISH | 02/23/24 | $70.00 | $87.4K | 1.2K | 525 |
| VRT | CALL | TRADE | BEARISH | 01/17/25 | $90.00 | $61.0K | 83 | 201 |
About Vertiv Hldgs
Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.
In light of the recent options history for Vertiv Hldgs, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Vertiv Hldgs
- With a trading volume of 4,040,832, the price of VRT is up by 0.54%, reaching $62.0.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 12 days from now.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Vertiv Hldgs, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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