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Bristol Myers Squibb call volume above normal and directionally bullish

Bristol Myers Squibb call volume above normal and directionally bullish

Bullish option flow detected in Bristol Myers (BMY) Squibb with 203,938 calls trading, 22x expected, and implied vol increasing over 5 points to 22.90%. Jan-25 52.5 calls and Jan-25 50 calls are the most active options, with total volume in those strikes near 108,400 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 6th.

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