Bullish option flow detected in Baxter (BAX) with 4,200 calls trading, 3x expected, and implied vol increasing almost 6 points to 45.21%. 5/2 weekly 31 calls and 5/9 weekly 30 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 1st.
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