Bearish flow noted in Bristol Myers (BMY) Squibb with 6,501 puts trading, or 1.1x expected. Most active are Nov-24 59 puts and 11/29 weekly 50 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 1.53, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.
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