DaVita Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on DaVita.

Looking at options history for DaVita DVA we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $634,445 and 4, calls, for a total amount of $326,982.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $47.5 to $85.0 for DaVita over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for DaVita options trades today is 834.71 with a total volume of 2,690.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for DaVita's big money trades within a strike price range of $47.5 to $85.0 over the last 30 days.

DaVita Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
DVA PUT SWEEP NEUTRAL 01/16/26 $47.50 $384.2K 1.0K 1.0K
DVA CALL SWEEP BEARISH 01/19/24 $85.00 $198.2K 139 143
DVA PUT SWEEP BULLISH 01/19/24 $67.50 $68.7K 4.0K 191
DVA PUT SWEEP BULLISH 10/20/23 $80.00 $63.0K 155 10
DVA CALL TRADE NEUTRAL 06/21/24 $80.00 $51.6K 3 50

Where Is DaVita Standing Right Now?

  • With a volume of 1,064,007, the price of DVA is down -3.9% at $72.93.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 15 days.

What The Experts Say On DaVita:

  • Truist Securities has decided to maintain their Hold rating on DaVita, which currently sits at a price target of $104.

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 DaVita, Benzinga Pro gives you real-time options trades alerts.

DVA Logo
DVADaVita Inc
$143.840.06%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
-
Growth
50.30
Quality
74.11
Value
40.11
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Comments
Loading...