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Bausch Health call volume above normal and directionally bullish

Bullish option flow detected in Bausch Health with 5,115 calls trading, 1.1x expected, and implied vol increasing almost 52 points to 104.32%. Feb-23 8 calls and 1/13 weekly 7.5 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 21st.

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Published first on TheFly

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