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 23 trades.
If we consider the specifics of each trade, it is accurate to state that 34% of the investors opened trades with bullish expectations and 65% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $313,827 and 21, calls, for a total amount of $1,692,233.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $100.0 for Vertiv Hldgs over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Vertiv Hldgs stands at 1677.94, with a total volume reaching 15,752.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Vertiv Hldgs, situated within the strike price corridor from $55.0 to $100.0, throughout the last 30 days.
Vertiv Hldgs Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VRT | CALL | TRADE | BULLISH | 04/12/24 | $1.65 | $1.55 | $1.62 | $84.00 | $557.6K | 4.5K | 3.7K |
| VRT | CALL | TRADE | NEUTRAL | 04/12/24 | $1.75 | $1.65 | $1.7 | $84.00 | $297.5K | 4.5K | 5.5K |
| VRT | PUT | SWEEP | BEARISH | 01/17/25 | $15.2 | $13.8 | $15.2 | $82.50 | $185.4K | 384 | 0 |
| VRT | PUT | SWEEP | BEARISH | 04/19/24 | $1.25 | $1.2 | $1.25 | $79.00 | $128.3K | 545 | 587 |
| VRT | CALL | SWEEP | BULLISH | 06/21/24 | $11.7 | $11.6 | $11.7 | $80.00 | $93.6K | 2.3K | 88 |
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.
Following our analysis of the options activities associated with Vertiv Hldgs, we pivot to a closer look at the company's own performance.
Current Position of Vertiv Hldgs
- Currently trading with a volume of 3,933,300, the VRT's price is down by -2.18%, now at $80.02.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 14 days.
Professional Analyst Ratings for Vertiv Hldgs
In the last month, 5 experts released ratings on this stock with an average target price of $91.6.
- An analyst from B of A Securities persists with their Buy rating on Vertiv Hldgs, maintaining a target price of $90.
- An analyst from Oppenheimer has revised its rating downward to Outperform, adjusting the price target to $96.
- Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Vertiv Hldgs with a target price of $102.
- An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Vertiv Hldgs, which currently sits at a price target of $80.
- An analyst from Evercore ISI Group persists with their Outperform rating on Vertiv Hldgs, maintaining a target price of $90.
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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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