
Bausch Health Companies (BHC) lost $592 million in 2023 on revenue of $8.76 billion. That hardly seems like a stock that investors would be keen on.
However, in Wednesday’s trading, not only did BHC stock have a volume of 6.34 million, nearly three times its 30-day average, but it also had an unusually active options volume of 77,509, nearly four times the 30-day average.