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International Paper call volume above normal and directionally bullish

Bullish option flow detected in International Paper with 13,137 calls trading, 7x expected, and implied vol increasing almost 3 points to 27.68%. 2/23 weekly 36 calls and Apr-24 35 calls are the most active options, with total volume in those strikes near 11,700 contracts. The Put/Call Ratio is 0.01. Earnings are expected on April 25th.

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