Bearish flow noted in Danaher (DHR) with 1,213 puts trading, or 1.4x expected. Most active are Dec-24 250 calls and Dec-24 230 puts, with total volume in those strikes near 660 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 28th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHR:
- Third Point exits Alphabet, cuts stakes in Microsoft, Amazon, Meta, Apple
- Wingstop upgraded, Estee Lauder downgraded: Wall Street’s top analyst calls
- Danaher upgraded to Outperform from Peer Perform at Wolfe Research
- Danaher price target lowered to $311 from $333 at RBC Capital
- Danaher price target lowered to $300 from $310 at Raymond James