Financial giants have made a conspicuous bullish move on Thermo Fisher Scientific. Our analysis of options history for Thermo Fisher Scientific (NYSE:TMO) revealed 11 unusual trades.

Delving into the details, we found 45% of traders were bullish, while 27% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $129,030, and 8 were calls, valued at $437,834.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $600.0 for Thermo Fisher Scientific over the recent three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Thermo Fisher Scientific'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 Thermo Fisher Scientific's whale activity within a strike price range from $300.0 to $600.0 in the last 30 days.

Thermo Fisher Scientific Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Thermo Fisher Scientific

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2024 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (22%); and lab products and services, which includes CRO services (54%).

Present Market Standing of Thermo Fisher Scientific

• Currently trading with a volume of 1,355,083, the TMO's price is up by 2.16%, now at $571.72.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 9 days.

Professional Analyst Ratings for Thermo Fisher Scientific

In the last month, 2 experts released ratings on this stock with an average target price of $626.0.

Unusual Options Activity Detected: Smart Money on the Move

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Thermo Fisher Scientific options trades with real-time alerts from Benzinga Pro.