Deep-pocketed investors have adopted a bullish approach towards Danaher (NYSE:DHR), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DHR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 30 extraordinary options activities for Danaher. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 43% leaning bullish and 43% bearish. Among these notable options, 22 are puts, totaling $1,409,168, and 8 are calls, amounting to $753,360.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $240.0 for Danaher over the recent three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Danaher stands at 1035.5, with a total volume reaching 8,001.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Danaher, situated within the strike price corridor from $220.0 to $240.0, throughout the last 30 days.
Danaher Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DHR | CALL | TRADE | BULLISH | 06/20/25 | $8.0 | $7.8 | $8.0 | $220.00 | $200.0K | 1.4K | 753 |
| DHR | CALL | TRADE | BEARISH | 06/20/25 | $8.3 | $7.9 | $8.0 | $220.00 | $133.6K | 1.4K | 430 |
| DHR | CALL | SWEEP | BEARISH | 06/20/25 | $5.1 | $4.8 | $4.8 | $230.00 | $107.5K | 2.2K | 245 |
| DHR | PUT | TRADE | NEUTRAL | 05/16/25 | $12.5 | $12.1 | $12.28 | $220.00 | $94.5K | 771 | 193 |
| DHR | PUT | SWEEP | BULLISH | 05/16/25 | $12.5 | $12.2 | $12.22 | $220.00 | $94.0K | 771 | 347 |
About Danaher
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 divestiture of its environmental and applied solutions group, Veralto.
Where Is Danaher Standing Right Now?
- With a trading volume of 1,289,560, the price of DHR is up by 0.23%, reaching $211.84.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 29 days from now.
Professional Analyst Ratings for Danaher
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $260.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.* An analyst from Stifel upgraded its action to Buy with a price target of $260.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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