Bullish option flow detected in Teladoc (TDOC) with 10,520 calls trading, 2x expected, and implied vol increasing almost 11 points to 92.60%. Apr-25 8 calls and 4/11 weekly 7 puts are the most active options, with total volume in those strikes near 13,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on April 30th.
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Read More on TDOC:
- Teladoc price target lowered to $8 from $9.50 at BofA
- Teladoc’s Uncertain Growth Amid Declining User Base and Strategic Initiatives
- Teladoc call volume above normal and directionally bullish
- Teladoc price target lowered to $9.50 from $11 at BofA
- Cautious Hold on Teladoc Amidst Declining User Growth and Uncertain Initiatives
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