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 trades 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.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 12 uncommon options trades for Vertiv Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 58%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $379,272, and 8 are calls, for a total amount of $938,080.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $87.5 to $110.0 for Vertiv Hldgs over the recent three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Vertiv Hldgs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Vertiv Hldgs's significant trades, within a strike price range of $87.5 to $110.0, over the past month.
Vertiv Hldgs 30-Day Option Volume & Interest Snapshot
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 | BULLISH | 08/16/24 | $6.5 | $6.4 | $6.5 | $90.00 | $640.2K | 918 | 9 |
| VRT | PUT | SWEEP | BEARISH | 07/19/24 | $10.0 | $9.7 | $10.0 | $95.00 | $214.0K | 2.5K | 0 |
| VRT | CALL | TRADE | BEARISH | 07/26/24 | $4.4 | $4.0 | $4.0 | $90.00 | $80.0K | 467 | 0 |
| VRT | PUT | SWEEP | BULLISH | 07/26/24 | $6.3 | $6.1 | $6.1 | $88.00 | $74.4K | 654 | 4 |
| VRT | PUT | SWEEP | BEARISH | 07/19/24 | $10.0 | $9.9 | $10.0 | $95.00 | $64.0K | 2.5K | 0 |
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?
- With a volume of 1,345,926, the price of VRT is down -3.5% at $86.58.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 7 days.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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