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

Unusual prints65
Tracked premium$4.9M
Net premium-$154K
Bullish premium$2.2M
Bearish premium$2.3M
Call premium$3.0M
Put premium$1.9M
P/C ratio0.66
Sweeps62%
Size over OI30
Whale prints0
High conviction15

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

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
21 Sep 2026DHR 16 Oct 2026 $215 callsSweep6070$407KAt bidBearishHigh conviction
24 Sep 2026DHR 21 Jan 2028 $180 callsSweep57146$367KAt bidBearishNotable
23 Sep 2026DHR 21 Jan 2028 $180 callsSweep39145$244KAt askBullishNotable
21 Sep 2026DHR 17 Jun 2027 $190 putsSweep1908$218KAt askBearishHigh conviction
24 Sep 2026DHR 23 Oct 2026 $235 callsSweep36728$194KAt askBullishHigh conviction
24 Sep 2026DHR 16 Oct 2026 $230 callsSweep400960$168KAt askBullishNotable
24 Sep 2026DHR 21 Jan 2028 $180 callsSweep22146$141KAt askBullishHigh conviction
24 Sep 2026DHR 2 Oct 2026 $217.50 callsSweep153252$129KAt bidBearishHigh conviction
23 Sep 2026DHR 15 Jan 2027 $210 putsTrade131384$127KAt bidBullish
21 Sep 2026DHR 18 Dec 2026 $190 putsSweep243566$107KAt bidBullishNotable
23 Sep 2026DHR 21 Jan 2028 $185 callsTrade1720$99KAt bidBearish
24 Sep 2026DHR 20 Nov 2026 $250 callsSweep210323$84KAt askBullishNotable

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

ExpiryPrintsPremiumCalls shareNet premium
18 Dec 202620$1.1M6%-$298K
21 Jan 20288$1.0M87%+$19K
16 Oct 202611$970K93%-$159K
23 Oct 20264$338K82%+$338K
2 Oct 20265$335K100%-$71K
15 Jan 20275$277K9%+$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

Prints8
Premium$337K
Net premium+$177K
P/C ratio0.41
Sweeps62%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026DHR 15 Jan 2027 $230 putsSweep37353$66KAt bidBullish
25 Sep 2026DHR 2 Oct 2026 $225 callsSweep185266$57KAt askBullishNotable
25 Sep 2026DHR 30 Oct 2026 $225 callsSweep501$47KAt bidNeutralNotable
25 Sep 2026DHR 25 Sep 2026 $215 callsSweep50614$41KAt askNeutral
25 Sep 2026DHR 16 Oct 2026 $230 callsTrade1001,450$36KAt bidBearish

Every print in DHR with its full detail, the live tape, one tap filters and saved screeners: open DHR in Options Sentiment Screener.

Price

Last close$224.49
Day+0.32%
1 week+5.99%
1 month+4.24%
3 months+14.42%
1 year+20.75%
52 week high$242.80
52 week low$160.93
Volume4,423,722
Market cap$157.3B

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

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