DHR options flow: unusual options activity in Danaher Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 65 unusual options prints in Danaher Corp. (DHR), $4.9M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $2.2M against $2.3M bearish; $3.0M went into calls and $1.9M into puts, a put call ratio of 0.66. The largest print was $407K of DHR 16 Oct 2026 $215 calls on 21 September 2026, swept at bid. The last session with prints, 25 September 2026, added 8 prints and $337K of premium. DHR closed at $224.49 on 25 September 2026, up 0.3%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 21 Sep 2026 | DHR 16 Oct 2026 $215 calls | Sweep | 607 | 0 | $407K | At bid | Bearish | High conviction |
| 24 Sep 2026 | DHR 21 Jan 2028 $180 calls | Sweep | 57 | 146 | $367K | At bid | Bearish | Notable |
| 23 Sep 2026 | DHR 21 Jan 2028 $180 calls | Sweep | 39 | 145 | $244K | At ask | Bullish | Notable |
| 21 Sep 2026 | DHR 17 Jun 2027 $190 puts | Sweep | 190 | 8 | $218K | At ask | Bearish | High conviction |
| 24 Sep 2026 | DHR 23 Oct 2026 $235 calls | Sweep | 367 | 28 | $194K | At ask | Bullish | High conviction |
| 24 Sep 2026 | DHR 16 Oct 2026 $230 calls | Sweep | 400 | 960 | $168K | At ask | Bullish | Notable |
| 24 Sep 2026 | DHR 21 Jan 2028 $180 calls | Sweep | 22 | 146 | $141K | At ask | Bullish | High conviction |
| 24 Sep 2026 | DHR 2 Oct 2026 $217.50 calls | Sweep | 153 | 252 | $129K | At bid | Bearish | High conviction |
| 23 Sep 2026 | DHR 15 Jan 2027 $210 puts | Trade | 131 | 384 | $127K | At bid | Bullish | |
| 21 Sep 2026 | DHR 18 Dec 2026 $190 puts | Sweep | 243 | 566 | $107K | At bid | Bullish | Notable |
| 23 Sep 2026 | DHR 21 Jan 2028 $185 calls | Trade | 17 | 20 | $99K | At bid | Bearish | |
| 24 Sep 2026 | DHR 20 Nov 2026 $250 calls | Sweep | 210 | 323 | $84K | At ask | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 18 Dec 2026 | 20 | $1.1M | 6% | -$298K |
| 21 Jan 2028 | 8 | $1.0M | 87% | +$19K |
| 16 Oct 2026 | 11 | $970K | 93% | -$159K |
| 23 Oct 2026 | 4 | $338K | 82% | +$338K |
| 2 Oct 2026 | 5 | $335K | 100% | -$71K |
| 15 Jan 2027 | 5 | $277K | 9% | +$277K |
The most premium, $1.1M, is aimed at the 18 Dec 2026 expiry; the nearest expiry with unusual prints is 2 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | DHR 15 Jan 2027 $230 puts | Sweep | 37 | 353 | $66K | At bid | Bullish | |
| 25 Sep 2026 | DHR 2 Oct 2026 $225 calls | Sweep | 185 | 266 | $57K | At ask | Bullish | Notable |
| 25 Sep 2026 | DHR 30 Oct 2026 $225 calls | Sweep | 50 | 1 | $47K | At bid | Neutral | Notable |
| 25 Sep 2026 | DHR 25 Sep 2026 $215 calls | Sweep | 50 | 614 | $41K | At ask | Neutral | |
| 25 Sep 2026 | DHR 16 Oct 2026 $230 calls | Trade | 100 | 1,450 | $36K | At bid | Bearish |
Every print in DHR with its full detail, the live tape, one tap filters and saved screeners: open DHR in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open DHR in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 14 firms, have a median of $230, 2.5% above the last close.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Danaher Corp.
- Exchange
- NYSE
- Sector
- Health Care
- Industry
- Measuring And Control Equipment
- Headquarters
- Washington, District Of Columbia
- Website
- danaher.com
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers, flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology, molecular, acute care, and pathology diagnostics.
In the same sector
Flow pages for other Health Care names in the S&P 500:
LLY Eli Lilly & Co.JNJ Johnson & JohnsonABBV AbbVie Inc.MRK Merck & Co. Inc.UNH UnitedHealth Group Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for DHR with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open DHR in Options Sentiment Screener