Thermo Fisher Scientific Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Thermo Fisher Scientific (NYSE:TMO), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 uncommon options trades, with 60% being bearish and 40% bullish. The targeted price range for TMO over the last 3 months is $440 to $530.
May 24, 2023 | 4:47 pm
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A large investor has taken a bearish stance on Thermo Fisher Scientific (NYSE:TMO) with unusual options activity. 60% of the trades are bearish, while 40% are bullish. The targeted price range for TMO over the last 3 months is $440 to $530.
The unusual options activity in Thermo Fisher Scientific (NYSE:TMO) indicates that a large investor is taking a bearish stance on the stock. This could potentially lead to a short-term negative impact on the stock price, as 60% of the trades are bearish and only 40% are bullish. The targeted price range for TMO over the last 3 months is $440 to $530, which suggests that the investor expects the stock price to move within this range.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100