SYK options flow: unusual options activity in Stryker Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 21 unusual options prints in Stryker Corp. (SYK), $1.2M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $591K against $618K bearish; $926K went into calls and $308K into puts, a put call ratio of 0.33. The largest print was $143K of SYK 16 Oct 2026 $270 calls on 25 September 2026, swept at bid. The last session with prints, 28 September 2026, added 1 print and $33K of premium. SYK closed at $272.36 on 25 September 2026, up 1.0%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | SYK 16 Oct 2026 $270 calls | Sweep | 143 | 192 | $143K | At bid | Bearish | Notable |
| 24 Sep 2026 | SYK 21 Jan 2028 $150 calls | Trade | 10 | 2 | $127K | At bid | Bearish | Notable |
| 21 Sep 2026 | SYK 16 Oct 2026 $280 calls | Sweep | 191 | 237 | $111K | At bid | Bearish | High conviction |
| 21 Sep 2026 | SYK 16 Oct 2026 $280 calls | Sweep | 122 | 237 | $83K | At ask | Bullish | High conviction |
| 21 Sep 2026 | SYK 20 Nov 2026 $220 puts | Trade | 785 | 0 | $78K | At bid | Bullish | Notable |
| 23 Sep 2026 | SYK 21 Jan 2028 $300 calls | Sweep | 20 | 41 | $71K | At ask | Bullish | Notable |
| 23 Sep 2026 | SYK 16 Oct 2026 $270 calls | Trade | 70 | 93 | $69K | At ask | Bullish | Notable |
| 21 Sep 2026 | SYK 17 Sep 2027 $380 puts | Trade | 5 | 56 | $54K | At bid | Bullish | |
| 21 Sep 2026 | SYK 15 Jan 2027 $300 calls | Sweep | 50 | 171 | $52K | At ask | Bullish | Notable |
| 21 Sep 2026 | SYK 16 Oct 2026 $280 calls | Sweep | 87 | 237 | $50K | At bid | Bearish | Notable |
| 21 Sep 2026 | SYK 18 Dec 2026 $250 calls | Trade | 15 | 3 | $49K | At bid | Bearish | Notable |
| 22 Sep 2026 | SYK 20 Nov 2026 $300 calls | Sweep | 72 | 2 | $45K | At ask | Bullish | High conviction |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 16 Oct 2026 | 6 | $488K | 93% | -$119K |
| 21 Jan 2028 | 4 | $268K | 100% | -$66K |
| 20 Nov 2026 | 4 | $187K | 38% | +$134K |
| 18 Dec 2026 | 3 | $119K | 67% | -$41K |
| 17 Sep 2027 | 2 | $95K | 0% | +$13K |
| 15 Jan 2027 | 1 | $52K | 100% | +$52K |
The most premium, $488K, is aimed at the 16 Oct 2026 expiry.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | SYK 16 Oct 2026 $270 puts | Trade | 51 | 419 | $33K | At bid | Bullish |
Every print in SYK with its full detail, the live tape, one tap filters and saved screeners: open SYK in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open SYK in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 17 firms, have a median of $369, 35.5% above the last close. The last 90 days brought 1 downgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Stryker Corp.
- Exchange
- NYSE
- Sector
- Health Care
- Industry
- Medical Equipment
- Headquarters
- Kalamazoo, Michigan
- Website
- stryker.com
Stryker Corporation operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Medsurg segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products. The Orthopsurgery segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries.
In the same sector
Flow pages for other Health Care names in the S&P 500:
LLY Eli Lilly & Co.JNJ Johnson & JohnsonABBV AbbVie Inc.MRK Merck & Co. Inc.UNH UnitedHealth Group Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for SYK with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open SYK in Options Sentiment Screener