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Vertiv Hldgs Unusual Options Activity For June 18
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Vertiv Hldgs Unusual Options Activity For June 18
Jun 18, 2024 8:24 AM

Whales with a lot of money to spend have taken a noticeably bullish stance on Vertiv Hldgs ( VRT ).

Looking at options history for Vertiv Hldgs ( VRT ) we detected 17 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $111,617 and 15, calls, for a total amount of $2,138,360.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $75.0 to $125.0 for Vertiv Hldgs ( VRT ) over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vertiv Hldgs's ( VRT ) options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vertiv Hldgs's ( VRT ) whale trades within a strike price range from $75.0 to $125.0 in the last 30 days.

Vertiv Hldgs 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
VRT CALL TRADE BEARISH 12/20/24 $10.7 $10.4 $10.4 $110.00 $728.0K 141 0
VRT CALL SWEEP BULLISH 09/20/24 $7.4 $7.4 $7.4 $100.00 $370.0K 7.1K 41
VRT CALL SWEEP BULLISH 09/20/24 $3.1 $3.1 $3.1 $120.00 $155.0K 3.5K 1
VRT CALL TRADE BEARISH 07/12/24 $4.4 $4.2 $4.2 $90.00 $126.0K 1.2K 302
VRT CALL SWEEP BULLISH 06/21/24 $2.05 $1.9 $2.05 $90.00 $123.0K 5.8K 600

About Vertiv Hldgs

Vertiv Holdings Co ( VRT ) brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

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

Current Position of Vertiv Hldgs

Currently trading with a volume of 2,128,742, the VRT's price is up by 1.49%, now at $90.88.

RSI readings suggest the stock is currently is currently neutral between overbought and oversold.

Anticipated earnings release is in 43 days.

What Analysts Are Saying About Vertiv Hldgs

In the last month, 1 experts released ratings on this stock with an average target price of $105.0.

Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Vertiv Hldgs ( VRT ), targeting a price of $105.

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 Vertiv Hldgs ( VRT ) options trades with real-time alerts from Benzinga Pro.

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