Unpacking the Latest Options Trading Trends in Vertiv Hldgs

Financial giants have made a conspicuous bearish move on Vertiv Hldgs. Our analysis of options history for Vertiv Hldgs VRT revealed 23 unusual trades.

Delving into the details, we found 39% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $473,851, and 17 were calls, valued at $1,670,532.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $106.0 for Vertiv Hldgs over the recent three months.

Volume & Open Interest Development

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 $70.0 to $106.0 over the preceding 30 days.

Vertiv Hldgs Call and Put Volume: 30-Day Overview

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 07/19/24 $9.5 $9.2 $9.2 $90.00 $367.9K 993 411
VRT PUT SWEEP BEARISH 11/15/24 $17.6 $17.4 $17.6 $100.00 $244.6K 210 152
VRT CALL TRADE BEARISH 11/15/24 $21.4 $21.2 $21.2 $85.00 $212.0K 188 103
VRT CALL SWEEP BEARISH 06/21/24 $4.4 $4.2 $4.2 $95.00 $147.4K 8.3K 430
VRT CALL TRADE BEARISH 01/17/25 $19.4 $19.2 $19.2 $95.00 $119.0K 414 2

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

Vertiv Hldgs's Current Market Status

  • With a trading volume of 2,685,597, the price of VRT is up by 3.04%, reaching $94.89.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 56 days from now.

What Analysts Are Saying About Vertiv Hldgs

In the last month, 2 experts released ratings on this stock with an average target price of $115.5.

  • Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Vertiv Hldgs with a target price of $115.
  • Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Vertiv Hldgs, targeting a price of $116.

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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Posted In: OptionsMarketsBZI-UOA
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