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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc (TDOC) with 18,900 calls trading, 10x expected, and implied vol increasing over 7 points to 86.57%. 5/2 weekly 8 calls and 5/9 weekly 8 calls are the most active options, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 0.03. Earnings are expected on April 30th.

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