Trade Ideas
UOA PRO Update BMY 7-20
3,500 16October 67.50 calls bought for 1.25 to 1.47 above open interest of 291 contracts. Stock 60.53-60.86.
Status Update
Ticker: BMY
Stock: 60.29
Expiration Date: 31JUL
New UOA:
07/20/2026 4:00:34 PM BMY Bullish Call Buying 60.29 3,500 16October 67.50 calls bought for 1.25 to 1.47 above open interest of 291 contracts. Stock 60.53-60.86. Healthcare
07/20/2026 3:57:20 PM BMY Bullish Call Buying 60.03 2,500 21August 62 calls bought for 1.68 against no open interest. Stock 60.30. Healthcare
07/20/2026 3:55:48 PM BMY Bullish Call Buying 60.35 15,000 16December 80 calls bought in one order for 0.60 to 0.77 above open interest of 969 contracts. Stock 60..13-60.35. Healthcare
Check site for other recent activity.
UOA PRO New Trade Idea BMY 7-16
Ticker: BMY
Type: Bullish Call Roll
Stock: 59.90
New Trade Idea
Ticker: BMY
Stock: 59.90
Trigger: 60.42
Expiration Date: 31JUL
UOA: 7,605 18December 65 calls bought for 3.02 above open interest of 3,951 contracts; 7,605 21August 60 calls sold for 2.69 below open interest of 14,741 contracts. Stock 60.00
BMY $60.27 Last.
Sizeable call roll up and out to Dec. Stock’s charts changing for the better and EPS is not too far in the future.
As with JNJ summary: XLV is having a good day and so is XLP and XLRE so there’s a defensive shift occuring here likely due to SMH’s weakness which seems to be holding the MAGS down as well. They had been working and thus buoying the market but for the past 2 sessions the SMH has been hit hard and so all in all the market continues to feel heavy. Defensive names could see the bid intensify if players want to rotate out of Tech due to feeling the risks growing. Trends are up in BMY.
Trigger: $60.42.
Strategy 1: Consider the BMY 31July 60.00 calls for $2.05 projected at trigger level today.
Targets: 61.52, 62.36, 62.89