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Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 33,847 calls trading, 6x expected, and implied vol increasing over 7 points to 51.36%. Mar-25 20 calls and May-24 15 calls are the most active options, with total volume in those strikes near 27,200 contracts. The Put/Call Ratio is 0.06. Earnings are expected on May 8th.

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