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Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 8,200 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 31.17%. 8/25 weekly 10 calls and Sep-23 10 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 2nd.

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