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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc with 18,987 calls trading, 2x expected, and implied vol increasing over 2 points to 73.96%. Jul-23 26 calls and Jul-23 25 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.26. Earnings are expected on July 25th.

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