Vertiv Holdings Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Vertiv Holdings VRT, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in VRT usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 25 extraordinary options activities for Vertiv Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 40% leaning bullish and 32% bearish. Among these notable options, 15 are puts, totaling $968,812, and 10 are calls, amounting to $853,830.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $125.0 for Vertiv Holdings over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Vertiv Holdings stands at 457.88, with a total volume reaching 3,898.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Vertiv Holdings, situated within the strike price corridor from $50.0 to $125.0, throughout the last 30 days.

Vertiv Holdings Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Vertiv Holdings

Vertiv has roots tracing back to 1946 when its founder, Ralph Liebert, developed an air-cooling system for mainframe data rooms. As computers started making their way into commercial applications in 1965, Liebert developed one of the first computer room air conditioning, or CRAC, units, enabling the precise control of temperature and humidity. The firm has slowly expanded its data center portfolio through internal product development and the acquisition of thermal and power management products like condensers, busways, and switches. Vertiv has global operations today; its products can be found in data centers in most regions throughout the world.

In light of the recent options history for Vertiv Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Vertiv Holdings's Current Market Status

• With a trading volume of 2,261,911, the price of VRT is up by 3.87%, reaching $87.93.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 35 days from now.

What Analysts Are Saying About Vertiv Holdings

In the last month, 2 experts released ratings on this stock with an average target price of $116.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $121. * Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Vertiv Holdings, targeting a price of $111.

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 Holdings with Benzinga Pro for real-time alerts.