Message Font: Serif | Sans-Serif
No. of Recommendations: 2
BSX has pre-announced a "soft" third quarter, and the stock was punished over 7.4% this afternoon. They are now trading at a new 52-week low, and have nearly been cut in half this year.

Option volatility was high today for them, and it is reasonable to expect that it will be tomorrow morning as well. I will be looking for some interesting premiums for out-of-the-money short puts as far out as February; ideally $20 strikes will be attractive, but the $22.50's could be more compelling.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.