Teladoc Health Inc. (TDOC) shares are surging in intraday trading, with the stock price climbing 5.15% as investors react to notably bullish options activity. The telehealth company's stock movement comes amid increased interest from options traders, suggesting growing optimism about the company's near-term prospects.

Market observers have detected a significant uptick in call option volume for Teladoc, with 16,825 calls trading - a volume five times higher than expected. This surge in call options, which give holders the right to buy the stock at a predetermined price, typically indicates that traders are betting on further upside for the stock.

Adding to the bullish sentiment, the implied volatility for Teladoc options has increased by over 8 points to 87.23%. This rise in implied volatility suggests that the market expects increased movement in the stock price, potentially driven by anticipation of positive news or strong performance. As the week progresses, investors will be closely watching Teladoc's performance, particularly with options expiring on April 25th, to see if this bullish trend continues.