Notable Put Options Activity in Boston Scientific

by Benzinga Staff
September 2, 2011 2:08 PM | 29 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Shares of Boston Scientific (NYSE: BSX) are lower on the session by 3.57%, currently trading at $6.48. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the February 2012 $7.00 put traded 5,000 times on open interest of 481 contracts. Put volume is outpacing call volume 5 to 1. Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Options

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