Vertiv Hldgs Options Trading: A Deep Dive into Market Sentiment

Investors with a lot of money to spend have taken a bearish stance on Vertiv Hldgs VRT.

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VRT, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 8 options trades for Vertiv Hldgs.

This isn't normal.

The overall sentiment of these big-money traders is split between 0% bullish and 62%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $112,870, and 7, calls, for a total amount of $704,700.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $77.5 to $125.0 for Vertiv Hldgs over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Vertiv Hldgs stands at 2104.38, with a total volume reaching 838.00. 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 $77.5 to $125.0, throughout the last 30 days.

Vertiv Hldgs Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
VRT CALL SWEEP BEARISH 05/17/24 $2.15 $2.1 $2.1 $100.00 $210.1K 8.6K 134
VRT CALL SWEEP NEUTRAL 09/20/24 $17.5 $17.3 $17.47 $90.00 $183.6K 963 105
VRT PUT SWEEP BEARISH 09/20/24 $11.3 $11.1 $11.25 $95.00 $112.8K 75 0
VRT CALL TRADE NEUTRAL 07/18/25 $21.6 $20.7 $21.19 $110.00 $97.4K 147 46
VRT CALL SWEEP BEARISH 07/19/24 $1.85 $1.75 $1.75 $125.00 $87.5K 933 500

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.

Where Is Vertiv Hldgs Standing Right Now?

  • Trading volume stands at 2,354,156, with VRT's price down by -1.6%, positioned at $95.7.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 85 days.

What Analysts Are Saying About Vertiv Hldgs

5 market experts have recently issued ratings for this stock, with a consensus target price of $100.4.

  • Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on Vertiv Hldgs with a target price of $95.
  • An analyst from JP Morgan has decided to maintain their Overweight rating on Vertiv Hldgs, which currently sits at a price target of $100.
  • Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Vertiv Hldgs with a target price of $110.
  • Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Vertiv Hldgs, targeting a price of $102.
  • An analyst from Evercore ISI Group persists with their Outperform rating on Vertiv Hldgs, maintaining a target price of $95.

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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Posted In: OptionsMarketsBZI-UOA
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