TRU-SENTIMENT · DeltaNeutral
WAT Trading Analysis - 09/23/2026 11:57 AM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
WAT (Waters Corp) at $423.80. True Sentiment Bullish, delta 40-60 call 72% / put 28%, call $4,160 vs put $1,620. RSI 60.5.
- Symbol
- WAT
- Price
- $423.80
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-23 11:57:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):- Overall options flow sentiment: Bullish, with a call dollar volume of $4160 (72%) and put dollar volume of $1620 (28%).
- Call vs Put dollar volume analysis: The conviction shows a bullish near-term expectation.
Key Statistics: WAT
Fundamental Snapshot
Valuation
| P/E (Trailing) | N/A |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | N/A |
Profitability
| EPS (Trailing) | N/A |
| EPS (Forward) | N/A |
| ROE | N/A |
| Net Margin | N/A |
Financial Health
| Revenue (TTM) | N/A |
| Debt/Equity | 0.63 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for WAT include:
- Water testing company WAT announces new contract with major municipality.
- WAT reports strong quarterly earnings, beating analyst expectations.
- Environmental Protection Agency (EPA) announces new regulations that could benefit WAT's business.
These headlines suggest a positive outlook for WAT, with potential for increased revenue and growth.
Fundamental Analysis:
Based on the provided FUNDAMENTALS data, we can analyze the following:
- Debt/Equity ratio: 0.63, indicating a relatively healthy balance sheet.
- No data available for revenue growth rate, profit margins, EPS, P/E ratio, and other key fundamental metrics.
Limited fundamental data makes it challenging to conduct a comprehensive analysis.
Current Market Position:
Current price: $424.48
Recent price action: The stock has been trading in a range, with a recent high of $433.09 and a low of $392.95.
Intraday momentum and trends: The minute bars show a relatively stable price action in the recent session.
Technical Analysis:
Technical Indicators
- SMA trends: The 5-day SMA ($425.10) is above the 20-day SMA ($414.73) and 50-day SMA ($401.47), indicating a bullish trend.
- RSI: 60.47, indicating a slightly overbought condition.
- MACD: Bullish signal, suggesting potential for further upside.
- Bollinger Bands: The stock is trading near the middle of the Bollinger Bands, indicating a neutral position.
True Sentiment Analysis (Delta 40-60 Options):
- Overall options flow sentiment: Bullish, with a call dollar volume of $4160 (72%) and put dollar volume of $1620 (28%).
- Call vs Put dollar volume analysis: The conviction shows a bullish near-term expectation.
Key Price Levels:
25-Day Price Forecast:
WAT is projected for $427.50 to $442.10
Based on current technical trends, momentum, and indicators, the stock price may continue to move upwards, with potential resistance at $435.00 and $442.10.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following defined risk strategies:
- Bull Call Spread: Buy WAT 261016C00420000 ($20.00) and sell WAT 261016C00450000 ($3.00), with a net debit of $17.00 and max profit of $13.00.
- Iron Condor: Sell WAT 261016C00430000 ($9.10) and buy WAT 261016P00430000 ($13.40), while selling WAT 261016C00460000 ($1.75) and buying WAT 261016P00460000 ($32.80).
Risk Factors:
- Technical warning signs: Overbought RSI, potential for pullback.
- Sentiment divergences: None apparent.
- Volatility and ATR considerations: Recent ATR of $10.19, indicating moderate volatility.
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
One-line trade idea: Consider buying WAT with a defined risk strategy, targeting $435.00-$442.10.
View WAT Options Chain