Bearish flow noted in Baxter with 2,499 puts trading, or 1.3x expected. Most active are 11/10 weekly 34.5 puts and Nov-23 34.5 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.75, while ATM IV is up over 1 point on the day. Earnings are expected on February 15th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BAX: