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BAX

Name: BAX overnight options flow scan record, 2026-08-13
Creator: GammaRips

BULL

2026-08-13

Overnight Scan Record · Healthcare

See the 2026-08-13 Morning Briefing

This is one row from the GammaRips nightly scan of about 3,500 optionable US stocks, tracked to its outcome. What membership means depends on the scan date. For scan dates from 2026-08-24, it is a liquidity rank: the 100 most liquid names, bullish only. For earlier scan dates, the scan selected on unusual options activity and included bearish names. The two sets are not one population. Data, not a recommendation. New here? See how the pool is built → Or put your AI agent on this data →

Score

6/10

Descriptive context. Not a quality rank and not a forecast.

Move

2.4%

Flow

$1.3M

AI Analysis

Model-written context on what the scan saw that night. It is context, not advice and not a trade instruction.

BAX BULL $27.5C Sep 18 '26. The institutional flow shows significant premium concentration in long-dated call contracts, positioning for a continuation of the post-earnings recovery catalyzed by Baxter's Q2 earnings beat, raised full-year guidance, and ongoing $500 million debt tender offer. Technically, the accumulation occurs as the underlying spot consolidates around the $26.95 level, offering a constructive entry point for a medium-term upward trend. Risk factor: Persistent margin compression in the first half of the year remains a fundamental overhang if cost headwinds do not fully resolve as projected by management.

Flow Breakdown

Call Volume

$1.2M

Put Volume

$82K

Flow Intent

DIRECTIONAL

Catalyst

Earnings Beat

More Bullish Flow · 2026-08-13

OCUL8/10 MRK7/10 ABT7/10 MRNA6/10 OMF9/10 TWLO8/10

Engine-Selected Contract

The contract the engine priced for this row. Descriptive, not a recommendation.

ContractO:BAX260918C00027500

Strike$27.50

Expiration2026-09-18

Delta0.45

Key Levels

Resistance$30.00

Support$21.40

Price$26.95

SMA 50 / 200$23 / $20

52W Range$16 — $32

RSI (14)63

News & Catalyst Analysis

Key Headline

Baxter Reports Second-Quarter 2026 Results, Beats Expectations and Raises Full-Year Guidance

News Summary

Baxter International is experiencing a minor short-term pullback following a substantial multi-week rally driven by a strong Q2 earnings beat, raised full-year 2026 sales and EPS guidance, and a $500 million debt tender offer. Wall Street has aggressively revised price targets upward on improved margin-recovery visibility, indicating that institutional demand is likely to persist despite the recent consolidation. The constructive long-term outlook is further supported by the company's deleveraging efforts and stable organic medical-product demand.

Flow Intent Analysis

The positioning is concentrated in far out-of-the-money long-dated call options, indicating an anticipatory bet on a continued post-earnings recovery and valuation rerating rather than a hedge against near-term equity downside.

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Read the 2026-08-13 morning briefing for the full scan this BAX row came from: the shape of the pool that day, the themes in the flow, and every other name in it.

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BAX

Key Headline

News Summary

Flow Intent Analysis

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