Whales with a lot of money to spend have taken a noticeably bullish stance on Boston Scientific.

Looking at options history for Boston Scientific (NYSE:BSX) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $581,474 and 7, calls, for a total amount of $816,242.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $72.5 and $80.0 for Boston Scientific, spanning the last three months.

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 Boston Scientific's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Boston Scientific's significant trades, within a strike price range of $72.5 to $80.0, over the past month.

Boston Scientific Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Boston Scientific

Following our analysis of the options activities associated with Boston Scientific, we pivot to a closer look at the company's own performance.

Where Is Boston Scientific Standing Right Now?

• With a trading volume of 9,408,216, the price of BSX is down by -2.4%, reaching $75.55.
• Current RSI values indicate that the stock is may be approaching oversold.
• Next earnings report is scheduled for 6 days from now.

What The Experts Say On Boston Scientific

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $86.2.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Boston Scientific, Benzinga Pro gives you real-time options trades alerts.