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International Paper call volume above normal and directionally bullish
The Fly

International Paper call volume above normal and directionally bullish

Bullish option flow detected in International Paper with 5,804 calls trading, 10x expected, and implied vol increasing over 2 points to 23.30%. 12/1 weekly 34 calls and 12/1 weekly 35 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 1st.

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