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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific with 6,918 puts trading, or 1.8x expected. Most active are Jul-26 43 puts and Jul-26 42.5 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 6.22, while ATM IV is up over 1 point on the day. Earnings are expected on July 29th.

BSX

Bearish flow noted in Boston Scientific with 6,918 puts trading, or 1.8x expected.

Most active are Jul-26 43 puts and Jul-26 42.5 puts, with total volume in those strikes near 3,000 contracts.

The Put/Call Ratio is 6.22, while ATM IV is up over 1 point on the day.

Earnings are expected on July 29th.