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Baxter call volume above normal and directionally bullish

Bullish option flow detected in Baxter with 1,831 calls trading, 2x expected, and implied vol increasing almost 2 points to 25.30%. Jul-23 45 calls and 7/28 weekly 50 calls are the most active options, with total volume in those strikes near 560 contracts. The Put/Call Ratio is 0.09. Earnings are expected on July 27th.

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Published first on TheFly

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