Bristol-Myers Squibb Options Trading: A Deep Dive into Market Sentiment

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Whales with a lot of money to spend have taken a noticeably bearish stance on Bristol-Myers Squibb.

Looking at options history for Bristol-Myers Squibb BMY we detected 26 trades.

If we consider the specifics of each trade, it is accurate to state that 34% of the investors opened trades with bullish expectations and 61% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $407,249 and 17, calls, for a total amount of $1,998,519.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $65.0 for Bristol-Myers Squibb during the past quarter.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Bristol-Myers Squibb's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Bristol-Myers Squibb's significant trades, within a strike price range of $50.0 to $65.0, over the past month.

Bristol-Myers Squibb Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BMY CALL TRADE NEUTRAL 01/16/26 $6.95 $6.75 $6.85 $55.00 $510.3K 8.7K 801
BMY CALL SWEEP BULLISH 03/21/25 $3.6 $3.55 $3.6 $55.00 $360.1K 12.3K 1.0K
BMY CALL SWEEP BULLISH 03/21/25 $4.0 $3.95 $4.0 $55.00 $263.2K 12.3K 1.6K
BMY CALL SWEEP BULLISH 05/16/25 $6.55 $6.4 $6.55 $52.50 $149.3K 1.9K 229
BMY CALL SWEEP BULLISH 03/21/25 $4.0 $3.95 $4.0 $55.00 $136.8K 12.3K 2.0K

About Bristol-Myers Squibb

Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the US, showing a higher dependence on the US market than most of its peer group.

In light of the recent options history for Bristol-Myers Squibb, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Bristol-Myers Squibb Standing Right Now?

  • Trading volume stands at 4,648,166, with BMY's price up by 1.13%, positioned at $56.92.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 16 days.

Professional Analyst Ratings for Bristol-Myers Squibb

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $65.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Truist Securities persists with their Buy rating on Bristol-Myers Squibb, maintaining a target price of $65.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Bristol-Myers Squibb options trades with real-time alerts from Benzinga Pro.

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