Allergan posts loss as it writes down Teva holdings

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Teva Pharma (TEVA) Sees Active Put Buying Ahead of Earnings Announcement Tomorrow BMC -Susquehanna

May 10, 2017 2:29 PM EDT

Susquehanna options strategist Alison Edwards notes protective or bearish activity in Teva Pharma (NYSE: TEVA), as investors purchased ~9000 June 30 Puts and ~2000 May12 30 Puts today, ahead of the company's earnings report tomorrow before the market open.

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