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Bausch Health call volume above normal and directionally bullish

Bullish option flow detected in Bausch Health with 8,615 calls trading, 1.9x expected, and implied vol increasing almost 14 points to 86.06%. Mar-23 8 puts and 2/24 weekly 10 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.64. Earnings are expected on February 23rd.

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Published first on TheFly

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