Whales with a lot of money to spend have taken a noticeably bearish stance on Thermo Fisher Scientific.
Looking at options history for Thermo Fisher Scientific TMO we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $54,728 and 12, calls, for a total amount of $808,490.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $450.0 to $640.0 for Thermo Fisher Scientific 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 Thermo Fisher Scientific's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Thermo Fisher Scientific's significant trades, within a strike price range of $450.0 to $640.0, over the past month.
Thermo Fisher Scientific 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 |
|---|---|---|---|---|---|---|---|---|
| TMO | CALL | SWEEP | BEARISH | 03/15/24 | $560.00 | $150.1K | 379 | 105 |
| TMO | CALL | SWEEP | BULLISH | 06/21/24 | $450.00 | $136.2K | 40 | 1 |
| TMO | CALL | SWEEP | BEARISH | 01/19/24 | $500.00 | $102.7K | 832 | 30 |
| TMO | CALL | TRADE | NEUTRAL | 01/17/25 | $470.00 | $91.1K | 33 | 0 |
| TMO | CALL | TRADE | BULLISH | 01/17/25 | $550.00 | $65.1K | 25 | 14 |
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-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).
After a thorough review of the options trading surrounding Thermo Fisher Scientific, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Thermo Fisher Scientific
- Trading volume stands at 1,105,147, with TMO's price up by 1.47%, positioned at $526.25.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 43 days.
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.
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