Behind the Scenes of Vertiv Hldgs's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Vertiv Hldgs (NYSE:VRT) has seen a bullish trend in options trading, with 64% of trades being bullish and 21% bearish. The trading volume and open interest suggest a price range of $70.0 to $125.0. Significant trades include bullish calls and puts with strike prices around $90 and $70. The company's stock price is currently up 2.01% at $94.02, with analysts giving mixed ratings and target prices ranging from $90 to $110. The next earnings report is due in 89 days.
May 03, 2024 | 6:01 pm
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Vertiv Hldgs shows a bullish trend in options trading, with a significant volume predicting a price range of $70-$125. The stock is currently up, and analysts have mixed ratings with target prices up to $110.
The bullish trend in options trading, combined with the current stock price increase and the optimistic analyst ratings, suggests a positive short-term outlook for VRT. The anticipation of the next earnings report could further influence the stock's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100