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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 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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