Bullish option flow detected in Bausch Health with 7,575 calls trading, 3x expected, and implied vol increasing almost 3 points to 71.51%. May-23 8 calls and 4/28 weekly 8 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 4th.
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