Unusual Options Activity: Traders bet Edwards Lifesciences (EW) stock will climb to new all-time high
Traders are betting Thursday that Edwards Lifesciences Corporation (EW) will continue to build on recent gains. The stock is currently trading just 3% below its all-time high of $175. So far today, 4,827 contracts of the April 180 call have changed hands, against open interest of 80 contracts.
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About Edwards Lifesciences Corporation
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of heart disease. Its key products include surgical tissue heart valves, transcatheter valve technologies, surgical clips, catheters and retractors, and monitoring systems used to measure a patient's heart function during surgery.