Bullish option flow detected in Bausch Health with 3,405 calls trading, 1.4x expected, and implied vol increasing over 4 points to 77.94%. 1/6 weekly 7.5 calls and Jan-23 7 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 21st.
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Published first on TheFly
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