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Philip Morris call volume above normal and directionally bullish

Bullish option flow detected in Philip Morris with 2,473 calls trading, 4x expected, and implied vol increasing almost 2 points to 20.01%. Jun-23 105 calls and Mar-23 100 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on April 20th.

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