Bearish flow noted in Boston Scientific with 4,992 puts trading, or 1.3x expected. Most active are Oct-23 52 puts and 10/27 weekly 49 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 3.51, while ATM IV is up over 1 point on the day. Earnings are expected on October 26th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BSX:
- Boston Scientific price target raised to $60 from $59 at Barclays
- Boston Scientific EVP Fitzgerald sells 15,867 common shares
- Boston Scientific price target raised to $64 from $62 at BTIG
- Boston Scientific sees organic sales growth of 8%-10% over three-year period
- Boston Scientific price target raised to $64 from $62 at Canaccord