Risk-on in Bristol Myers as put seller takes $1M for 60days of downside (TheFlyOnTheWall) THE FLY 11:20 AM ET 5/21/2018 Risk-on in Bristol Myers as put seller takes $1M for 60days of downside. Customer sold 10K July 50 puts this morning, outright, as shares traded $52.68. Opens a new position suggesting confidence shares will not slip below the $50 handle (briefly tested in May) into the summer months.
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