Behind the Scenes of Vertiv Hldgs's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Vertiv Hldgs (NYSE:VRT) has seen a notable increase in options trading activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 12 trades, with a split sentiment of 41% bullish and 58% bearish. Significant investors target a price range of $50.0 to $75.0 for VRT over the next three months. The current market status shows VRT's price up 0.59% at $61.1, with potential indicators of being overbought. Earnings are expected in 13 days.
February 08, 2024 | 3:32 pm
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Vertiv Hldgs has seen increased options trading with a bearish sentiment among big-money investors. The stock is currently up, but indicators suggest it may be overbought. Earnings are expected soon, which could influence stock price.
The bearish sentiment among big-money investors, combined with the stock being potentially overbought and the proximity to earnings release, suggests a negative short-term impact on VRT's stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100