Today, March 17, 2022, in the NYSE, there was unusual or noteworthy options trading activity in Bausch Health Companies Inc. ( BHC ), which opened at $23.01. There were two sets of 7,500 contracts traded on the $20 strike call options dated for March 18, 2022 and April 14th, 2022. Of note, the original orders were canceled, seen in the image below, and these were marked as floor trades.
The March 18, 2022 contracts had a bid-ask spread of $2.81 to $3.35 and traded at a price of $3.25; the open interest on this chain was approximately 31.5K.
The April 14, 2022 contracts had a bid-ask spread of $3.40 to $3.80 and traded at a price of $3.70; the open interest on this chain was approximately 51.3K.
Therefore, it cannot be known whether these orders were being opened today or rolled, but the size and premium traded was noteworthy. […]
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