Bullish option flow detected in Baxter with 3,418 calls trading, 5x expected, and implied vol increasing over 5 points to 38.28%. 1/13 weekly 53 calls and Jan-23 53 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 9th.
Published first on TheFly
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