Bristol-Myers Squibb Unusual Options Activity For July 15
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Bristol-Myers Squibb (NYSE:BMY) through unusual options activity. Analysis reveals 70% bearish trades, with a significant volume of puts and calls. The stock is currently trading at $40.01, down by 1.12%, with an average price target of $41.0.
July 15, 2024 | 6:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Bristol-Myers Squibb has seen unusual options activity with a bearish sentiment. The stock is currently down by 1.12% at $40.01. Analysts have set an average price target of $41.0.
The majority of options trades (70%) are bearish, indicating a negative short-term outlook. The stock is currently down, and the average price target is close to the current price, suggesting limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100