Bearish flow noted in Bausch Health with 3,560 puts trading, or 1.6x expected. Most active are Jun-25 7 puts and Jul-24 8 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.60, while ATM IV is up over 1 point on the day. Earnings are expected on May 2nd.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHC:
- Bausch Health Wins Patent Appeal for XIFAXAN
- Bausch Health says ruling prevents FDA approval of Norwich ANDA until 2029
- Bausch ‘win’ in Xifaxan case clears major hurdle ahead of spin, says Jefferies
- Appeals court affirms ruling in Bausch Health-Norwich patent fight
- Bausch Health announces ARAZLO availability through BC PharmaCare