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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc with 7,163 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 73.48%. 4/28 weekly 29 calls and 4/28 weekly 30 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.60. Earnings are expected on April 26th.

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Published first on TheFly

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