Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 23,720 calls trading, 2x expected, and implied vol increasing over 4 points to 51.86%. Jul-26 35.5 calls and Aug-26 40 calls are the most active options, with total volume in those strikes near 17,100 contracts. The Put/Call Ratio is 0.07. Earnings are expected on July 29th.