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.
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.