Teva call volume above normal and directionally bullish
Bullish option flow detected in Teva with 22,733 calls trading, 6x expected, and implied vol increasing almost 3 points to 34.91%. Jan-17 45 calls and Dec-16 45 calls are the most active options, with total volume in those strikes near 19,200 contracts. The Put/Call Ratio is 0.22. Earnings are expected on November 15th.