Bausch Health call volume above normal and directionally bullish

Bullish option flow detected in Bausch Health with 1,991 calls trading, 1.0x expected, and implied vol increasing over 8 points to 56.08%. 7/5 weekly 7.5 calls and 6/28 weekly 7 calls are the most active options, with total volume in those strikes near 850 contracts. The Put/Call Ratio is 0.19. Earnings are expected on August 1st.

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