Financial giants have made a conspicuous bullish move on Thermo Fisher Scientific. Our analysis of options history for Thermo Fisher Scientific TMO revealed 11 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $166,641, and 8 were calls, valued at $332,904.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $670.0 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 $220.0 to $670.0, over the past month.
Thermo Fisher Scientific Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TMO | PUT | SWEEP | BULLISH | 09/20/24 | $580.00 | $78.9K | 0 | 13 |
| TMO | CALL | TRADE | BULLISH | 01/19/24 | $500.00 | $77.0K | 763 | 20 |
| TMO | PUT | SWEEP | BEARISH | 02/16/24 | $550.00 | $60.1K | 6 | 37 |
| TMO | CALL | TRADE | BULLISH | 02/16/24 | $560.00 | $49.2K | 643 | 481 |
| TMO | CALL | SWEEP | BULLISH | 01/17/25 | $670.00 | $38.6K | 54 | 0 |
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%).
In light of the recent options history for Thermo Fisher Scientific, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Thermo Fisher Scientific Standing Right Now?
- Currently trading with a volume of 1,169,435, the TMO's price is up by 0.03%, now at $529.0.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 27 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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