This Is What Whales Are Betting On Thermo Fisher Scientific
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on Thermo Fisher Scientific (NYSE:TMO), as evidenced by 18 uncommon options trades. The sentiment is split with 50% bearish and 33% bullish. The major market movers are focusing on a price band between $570.0 and $600.0. The stock is currently trading at $575.37, down by -0.09%.
June 12, 2024 | 8:02 pm
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Wealthy investors have taken a bearish stance on Thermo Fisher Scientific (NYSE:TMO), with 18 uncommon options trades showing 50% bearish sentiment. The stock is currently trading at $575.37, down by -0.09%.
The significant number of bearish options trades (16 puts vs. 2 calls) indicates a strong bearish sentiment among wealthy investors. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100