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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc with 13,774 calls trading, 4x expected, and implied vol increasing over 2 points to 66.28%. 7/7 weekly 23 calls and 7/14 weekly 23.5 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.52. Earnings are expected on July 26th.

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