Boston Scientific's Options: A Look at What the Big Money is Thinking - Boston Scientific (NYSE:BSX)

Group 1: Market Sentiment and Trading Activity - Financial giants have shown a bearish sentiment towards Boston Scientific, with 48% of traders exhibiting bearish tendencies compared to 44% bullish [1] - The analysis of options trading revealed 25 unusual trades, with a total value of $1,728,675, where 4 were puts valued at $272,710 and 21 were calls valued at $1,455,965 [1] - The major market movers are focusing on a price range between $95.0 and $105.0 for Boston Scientific over the last three months [2] Group 2: Options Volume and Open Interest - The mean open interest for Boston Scientific options trades is 4,139.8, with a total volume of 23,825.00 [3] - A detailed analysis of the last 30 days shows significant trading activity within the strike price range of $95.0 to $105.0 [3][4] Group 3: Company Overview - Boston Scientific specializes in less invasive medical devices used in various medical fields, including angioplasty, cardiac rhythm management, and interventional oncology [9][10] - Approximately 36% of Boston Scientific's total sales come from foreign markets [10] Group 4: Analyst Ratings and Price Targets - Five market experts have issued ratings for Boston Scientific, with a consensus target price of $124.0 [11] - Analysts from Needham, Canaccord Genuity, Truist Securities, Leerink Partners, and Evercore ISI Group have set price targets ranging from $110 to $132, maintaining a Buy or Outperform rating [12] Group 5: Current Stock Performance - The current stock price of Boston Scientific (BSX) is $98.29, reflecting a 0.52% increase with a trading volume of 3,885,070 [14] - RSI indicators suggest that the stock may be approaching overbought conditions [14]