Bullish option flow detected in Medtronic (MDT) with 12,825 calls trading, 4x expected, and implied vol increasing over 1 point to 22.22%. 10/10 weekly 96 puts and Jan-26 105 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.49. Earnings are expected on November 18th.
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>>
Read More on MDT:
- Medtronic Issues €1.5 Billion in Senior Notes
- Medtronic’s NIM Vital™ System Study Completion: A Boost for Investor Confidence
- Medtronic receives FDA approval for Altaviva device
- Leerink says removal of C-peptide requirement would benefit pump market, Tandem
- Medtronic Announces Pricing of New Senior Notes