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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc (TDOC) with 7,777 calls trading, 1.1x expected, and implied vol increasing almost 7 points to 67.94%. 5/2 weekly 7 calls and 5/9 weekly 8 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.26. Earnings are expected on July 30th.

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