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Teladoc call volume above normal and directionally bullish

Bullish option flow detected in Teladoc (TDOC) with 13,085 calls trading, 4x expected, and implied vol increasing almost 3 points to 55.69%. 8/22 weekly 8 calls and 8/22 weekly 7.5 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.04. Earnings are expected on October 29th.

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