Bullish option flow detected in Bausch Health with 3,432 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 74.01%. May-23 8 calls and 5/26 weekly 9 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 4th.
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