Bristol-Myers Active, To Return to Normal Volume (BMY)

Posted in pre-market 
December 21st, 2009

Bristol-Myers Squibb (NYSE: BMY) has already seen 967,000 shares trade hands at 8:37 AM EST but the stock is likely to get to a return to normalcy in stock trading again as it is now past the December options expiration where it had over 900,000 contracts in the DEC $30 Calls and Puts still in the open interest.  This was over index rebalance changes and the Mead Johnson (MJN) spin-off.  Today or tomorrow may be the end of the major volume spikes in Bristol-Myers for some time.

-JON OGG

Comments are closed

-->