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CVS Health call volume above normal and directionally bullish

Bullish option flow detected in CVS Health with 10,608 calls trading, 2x expected, and implied vol increasing almost 2 points to 24.94%. Apr-23 80 calls and 4/6 weekly 74 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.45. Earnings are expected on May 3rd.

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Published first on TheFly

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