Teva call volume above normal and directionally bullish

Bullish option flow detected in Teva with 49,044 calls trading, 3x expected, and implied vol increasing over 1 point to 35.35%. 6/14 weekly 18 calls and 6/7 weekly 17 calls are the most active options, with total volume in those strikes near 37,300 contracts. The Put/Call Ratio is 0.02. Earnings are expected on July 31st.