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Teva call volume above normal and directionally bullish
The Fly

Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 14,019 calls trading, 1.4x expected, and implied vol increasing over 5 points to 42.25%. 12/2 weekly 8.5 calls and Mar-23 10 calls are the most active options, with total volume in those strikes near 9,900 contracts. The Put/Call Ratio is 0.60. Earnings are expected on February 8th.

Published first on TheFly

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