Bearish flow noted in Boston Scientific (BSX) with 3,259 puts trading, or 1.6x expected. Most active are 3/28 weekly 100 puts and 4/4 weekly 101 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 11.48, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BSX:
- Boston Scientific call volume above normal and directionally bullish
- Unusually active option classes on open March 25th
- Ajax Health and KKR form new platform for treating heart failure
- Boston Scientific to acquire remaining 90% stake of SoniVie for $360M
- Boston Scientific put volume heavy and directionally bearish