Danaher Corporation Stock Plummets 2.61% with $867 Million Trading Volume Ranking 72nd

Generated by AI AgentAinvest Market Brief
Friday, May 9, 2025 8:00 pm ET1min read

On May 9, 2025,

(DHR) experienced a trading volume of $867 million, ranking 72nd in the day's stock market activity. The stock closed with a 2.61% decline.

Danaher Corporation's stock options for the June 27th expiration began trading, offering investors new opportunities. A put contract at the $185.00 strike price has a current bid of $4.40, allowing investors to purchase the stock at $185.00 while collecting the premium, effectively lowering the cost basis to $180.60. This represents an attractive alternative to the current trading price of $194.42 per share. The put contract is out-of-the-money by approximately 5%, with a 69% chance of expiring worthless, providing a 2.38% return on the cash commitment or 17.36% annualized.

On the call side, a contract at the $200.00 strike price has a current bid of $6.00. Investors could purchase

shares at the current price and sell this call contract as a covered call, committing to sell the stock at $200.00. This strategy would yield a of 5.96% if the stock is called away at expiration, excluding dividends. The call contract is out-of-the-money by about 3%, with a 56% chance of expiring worthless, offering a 3.09% boost in extra return or 22.53% annualized.

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