BHC · Bausch Health Companies Inc.

Track BHC — free Ask ALVIS about BHC

$4.44 -0.01 (-0.22%) At close · Jul 24

Market Cap

$1.65B

373.48M

Options Chain

15-min delayed Underlying $4.44 · today Options Calculator

Positioning

Jul 31, 2026 · 4 days to expiry · 36 contracts

Put / call OI

0.59

Call-heavy positioning

Open interest

2,470

contracts outstanding

Volume

581

traded today

Max pain

$4.00

$0.44 below spot

ATM implied vol

177.6%

market's expected move

Open interest by strike

Calls Puts

2.5

3.5

4.5

5.5

6.5

7.5

8.5

9.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Jul 31 4d Aug 7 11d Aug 14 18d Aug 21 25d Aug 28 32d Sep 4 39d Sep 18 53d Oct 16 81d Jan 15 172d Dec 17 508d Jan 21 543d Dec 15 872d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
351	3	927.1%	0.977	$3.42		$0.20	—	—	8	28
Call · $1 In the money Last $3.42 Breakeven $4.42 Implied vol 927.1% Delta 0.977 ≈98% ITM Gamma 0.012 Theta -0.029 Vega 0 Open interest 351 Model this call Put · $1 Last $0.20 Breakeven $0.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 28 Model this put
355	2	515.6%	0.956	$2.40		$0.05	—	—	9	10
Call · $2 In the money Last $2.40 Breakeven $4.40 Implied vol 515.6% Delta 0.956 ≈96% ITM Gamma 0.037 Theta -0.027 Vega 0.001 Open interest 355 Model this call Put · $2 Last $0.05 Breakeven $1.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $2.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $2.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
3	3	249.5%	0.943	$1.56		—	—	—	—	0
Call · $3 In the money Last $1.56 Breakeven $4.56 Implied vol 249.5% Delta 0.943 ≈94% ITM Gamma 0.094 Theta -0.016 Vega 0.001 Open interest 3 Model this call Put · $3 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$0.09	—	—	2	2
Call · $3.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $3.5 Last $0.09 Breakeven $3.41 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
71	13	210.1%	0.715	$0.50		$0.06	-0.203	126.1%	2	113
Call · $4 In the money Last $0.50 Breakeven $4.50 Implied vol 210.1% Delta 0.715 ≈72% ITM Gamma 0.334 Theta -0.04 Vega 0.002 Open interest 71 Model this call Put · $4 Last $0.06 Breakeven $3.94 Implied vol 126.1% Delta -0.203 ≈20% ITM Gamma 0.467 Theta -0.02 Vega 0.001 Open interest 113 Model this put
Underlying $4.44
44	1	153.9%	0.504	$0.16		$0.23	-0.479	201.4%	457	628
Call · $4.5 Last $0.16 Breakeven $4.66 Implied vol 153.9% Delta 0.504 ≈50% ITM Gamma 0.537 Theta -0.035 Vega 0.002 Open interest 44 Model this call Put · $4.5 In the money Last $0.23 Breakeven $4.27 Implied vol 201.4% Delta -0.479 ≈48% ITM Gamma 0.411 Theta -0.045 Vega 0.002 Open interest 628 Model this put
663	14	146.1%	0.253	$0.03		$1.13	-0.757	140.3%	1	99
Call · $5 Last $0.03 Breakeven $5.03 Implied vol 146.1% Delta 0.253 ≈25% ITM Gamma 0.457 Theta -0.026 Vega 0.001 Open interest 663 Model this call Put · $5 In the money Last $1.13 Breakeven $3.87 Implied vol 140.3% Delta -0.757 ≈76% ITM Gamma 0.465 Theta -0.024 Vega 0.001 Open interest 99 Model this put
5	1	202%	0.198	$0.13		$1.05	-0.842	179.1%	1	21
Call · $5.5 Last $0.13 Breakeven $5.63 Implied vol 202% Delta 0.198 ≈20% ITM Gamma 0.283 Theta -0.031 Vega 0.001 Open interest 5 Model this call Put · $5.5 In the money Last $1.05 Breakeven $4.45 Implied vol 179.1% Delta -0.842 ≈84% ITM Gamma 0.281 Theta -0.024 Vega 0.001 Open interest 21 Model this put
39	26	286.6%	0.214	$0.05		$1.45	-0.948	161.1%	2	7
Call · $6 Last $0.05 Breakeven $6.05 Implied vol 286.6% Delta 0.214 ≈21% ITM Gamma 0.208 Theta -0.046 Vega 0.001 Open interest 39 Model this call Put · $6 In the money Last $1.45 Breakeven $4.55 Implied vol 161.1% Delta -0.948 ≈95% ITM Gamma 0.138 Theta -0.009 Vega 0.001 Open interest 7 Model this put
0	—	—	—	—		$1.97	—	—	1	2
Call · $6.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $6.5 In the money Last $1.97 Breakeven $4.53 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
16	16	885.1%	0.509	$0.10		$2.26	—	—	1	3
Call · $7 Last $0.10 Breakeven $7.10 Implied vol 885.1% Delta 0.509 ≈51% ITM Gamma 0.092 Theta -0.198 Vega 0.002 Open interest 16 Model this call Put · $7 In the money Last $2.26 Breakeven $4.74 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 Model this put
0	—	—	—	—		$2.92	—	—	1	0
Call · $7.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $7.5 In the money Last $2.92 Breakeven $4.58 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$3.44	—	—	2	0
Call · $8 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $8 In the money Last $3.44 Breakeven $4.56 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$3.92	-0.936	347.1%	1	0
Call · $8.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $8.5 In the money Last $3.92 Breakeven $4.58 Implied vol 347.1% Delta -0.936 ≈94% ITM Gamma 0.074 Theta -0.023 Vega 0.001 Open interest 0 Model this put
0	—	—	—	—		$4.52	—	—	1	0
Call · $9 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $9 In the money Last $4.52 Breakeven $4.48 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$4.90	-0.941	393%	2	0
Call · $9.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $9.5 In the money Last $4.90 Breakeven $4.60 Implied vol 393% Delta -0.941 ≈94% ITM Gamma 0.062 Theta -0.025 Vega 0.001 Open interest 0 Model this put
10	10	—	—	$0.01		$5.06	-0.807	613.5%	1	0
Call · $10 Last $0.01 Breakeven $10.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 Model this call Put · $10 In the money Last $5.06 Breakeven $4.94 Implied vol 613.5% Delta -0.807 ≈81% ITM Gamma 0.091 Theta -0.093 Vega 0.001 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 885590 CUSIP 071734107 13F (30d) 27 filings 27 filers Visit website Investor relations