Looking At Avantor's Recent Unusual Options Activity

Investors with significant funds have taken a bullish position in Avantor AVTR, a development that retail traders should be aware of.

This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in AVTR usually indicates foreknowledge of upcoming events.

Today, Benzinga's options scanner identified 8 options transactions for Avantor. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 100% being bullish and 0% bearish. Of all the options we discovered, 7 are puts, valued at $760,026, and there was a single call, worth $41,600.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $21.0 to $22.0 for Avantor during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Avantor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Avantor's significant trades, within a strike price range of $21.0 to $22.0, over the past month.

Avantor Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Avantor

Avantor Inc is involved in providing products and services to biopharma, healthcare, education and government, and advanced technologies and applied materials industries. The company's offerings include materials and consumables, equipment and instrumentation and services and specialty procurement. Its brand profile consists of NuSil, RANKEM, POCH, BeneSphera, and Macron Fine Chemicals among others. The firm operates in three geographical segments namely Americas, Europe, and AMEA. It generates a majority of its revenue from the Americas.

Having examined the options trading patterns of Avantor, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Avantor Standing Right Now?

• With a trading volume of 3,087,418, the price of AVTR is up by 0.92%, reaching $20.93.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 7 days from now.

Professional Analyst Ratings for Avantor

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $26.5.

• An analyst from RBC Capital has decided to maintain their Outperform rating on Avantor, which currently sits at a price target of $31.
• Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Avantor, targeting a price of $27.
• An analyst from Barclays has decided to maintain their Overweight rating on Avantor, which currently sits at a price target of $25.
• In a cautious move, an analyst from Citigroup downgraded its rating to Neutral, setting a price target of $23.

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 Avantor with Benzinga Pro for real-time alerts.