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Unpacking the Latest Options Trading Trends in Bristol-Myers Squibb

Benzinga ·  Oct 24 04:15

Financial giants have made a conspicuous bearish move on Bristol-Myers Squibb. Our analysis of options history for Bristol-Myers Squibb (NYSE:BMY) revealed 12 unusual trades.

Delving into the details, we found 8% of traders were bullish, while 83% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $380,478, and 7 were calls, valued at $466,355.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $60.0 for Bristol-Myers Squibb during the past quarter.

Volume & Open Interest Trends

Assessing the...

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