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Teva call volume above normal and directionally bullish

Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 5,108 calls trading, 3x expected, and implied vol increasing over 5 points to 44.17%. 4/14 weekly 9.5 calls and May-23 11 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 2nd.

Published first on TheFly

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