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Bausch Health call volume above normal and directionally bullish

Bullish option flow detected in Bausch Health with 4,547 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 69.46%. Nov-23 9 calls and 10/27 weekly 8.5 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.14. Earnings are expected on November 2nd.

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