Danaher Unusual Options Activity

Comments
Loading...

Investors with a lot of money to spend have taken a bearish stance on Danaher DHR.

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 DHR, 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 9 uncommon options trades for Danaher.

This isn't normal.

The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $107,681, and 6 are calls, for a total amount of $369,760.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $247.5 and $280.0 for Danaher, spanning the last three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Danaher's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Danaher's substantial trades, within a strike price spectrum from $247.5 to $280.0 over the preceding 30 days.

Danaher Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DHR CALL SWEEP BEARISH 02/21/25 $9.0 $7.8 $7.8 $255.00 $113.1K 578 500
DHR CALL SWEEP BEARISH 02/21/25 $9.7 $9.6 $9.6 $255.00 $100.8K 578 60
DHR CALL SWEEP BULLISH 02/21/25 $9.2 $8.2 $9.2 $255.00 $45.0K 578 250
DHR CALL SWEEP BEARISH 02/21/25 $9.3 $7.8 $7.8 $255.00 $42.9K 578 355
DHR PUT TRADE BULLISH 01/16/26 $23.4 $23.0 $23.0 $260.00 $41.4K 608 0

About Danaher

In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 divestiture of its environmental and applied solutions group, Veralto.

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

Current Position of Danaher

  • Currently trading with a volume of 1,425,909, the DHR's price is up by 0.36%, now at $251.5.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 1 days.

What Analysts Are Saying About Danaher

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $280.0.

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. * Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for Danaher, targeting a price of $275. * Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Danaher with a target price of $285.

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 Danaher options trades with real-time alerts from Benzinga Pro.

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!