Financial giants have made a conspicuous bearish move on Vertiv Hldgs. Our analysis of options history for Vertiv Hldgs VRT revealed 32 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $406,727, and 26 were calls, valued at $1,604,331.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $100.0 for Vertiv Hldgs over the last 3 months.
Analyzing 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 Vertiv Hldgs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Vertiv Hldgs's substantial trades, within a strike price spectrum from $30.0 to $100.0 over the preceding 30 days.
Vertiv Hldgs Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VRT | PUT | SWEEP | BEARISH | 04/19/24 | $78.00 | $159.0K | 0 | 309 |
| VRT | CALL | SWEEP | BULLISH | 05/17/24 | $77.50 | $158.0K | 27 | 0 |
| VRT | CALL | SWEEP | BULLISH | 03/28/24 | $77.00 | $144.3K | 55 | 29 |
| VRT | CALL | TRADE | BEARISH | 06/21/24 | $50.00 | $137.5K | 663 | 0 |
| VRT | CALL | SWEEP | BULLISH | 03/28/24 | $77.00 | $127.7K | 55 | 617 |
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.
Having examined the options trading patterns of Vertiv Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Vertiv Hldgs Standing Right Now?
- Currently trading with a volume of 5,049,483, the VRT's price is up by 3.8%, now at $76.95.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 37 days.
Expert Opinions on Vertiv Hldgs
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $73.2.
- Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for Vertiv Hldgs, targeting a price of $56.
- Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Vertiv Hldgs, targeting a price of $90.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Vertiv Hldgs, targeting a price of $65.
- An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Vertiv Hldgs, which currently sits at a price target of $75.
- An analyst from Evercore ISI Group persists with their Outperform rating on Vertiv Hldgs, maintaining a target price of $80.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Vertiv Hldgs with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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