someone with a lot of money to spend has taken a bullish stance on bristolmyers squibb bmy and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with bmy it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 75 bullish and 25 bearish out of all of the special options we uncovered 5 are puts for a total amount of 195540 and 7 are calls for a total amount of 1692726 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 400 to 750 for bristolmyers squibb over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for bristolmyers squibbs options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of bristolmyers squibbs whale trades within a strike price range from 400 to 750 in the last 30 days bristolmyers squibb option volume and open interest over last 30 days where is bristolmyers squibb standing right now   with a volume of 6177175 the price of bmy is up 075 at 7295   rsi indicators hint that the underlying stock may be overbought   next earnings are expected to be released in 35 days what the experts say on bristolmyers squibb   wells fargo has decided to maintain their equalweight rating on bristolmyers squibb which currently sits at a price target of 65 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely