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Bristol Myers Squibb call volume above normal and directionally bullish
The Fly

Bristol Myers Squibb call volume above normal and directionally bullish

Bullish option flow detected in Bristol Myers Squibb with 30,637 calls trading, 5x expected, and implied vol increasing almost 2 points to 33.49%. 7/26 weekly 43.5 calls and Jul-24 42 calls are the most active options, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 0.19. Earnings are expected on July 26th.

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