Bullish option flow detected in Bristol Myers Squibb with 7,582 calls trading, 1.0x expected, and implied vol increasing over 1 point to 17.87%. 6/30 weekly 65 calls and Sep-23 70 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.54. Earnings are expected on July 27th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on BMY:
- Cytokinetics price target raised to $54 from $52 at JPMorgan
- Juno Therapeutics’ treatment of multiple myeloma receives FDA orphan designation
- Bristol-Myers sues, calls Inflation Reduction Act provisions ‘unconstitutional’
- Bristol-Myers announces primary analysis results from TRANSCEND trials
- Bristol Myers Squibb (NYSE:BMY) Joins Quest to Prevent Fed’s Price Negotiations