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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PM:
- Philip Morris on an Upswing after Q4 Results Beat Estimates
- Philip Morris sees FY23 adjusted EPS, ex-currency $6.40-$6.52, consensus $5.90
- Philip Morris sees FY23 currency-neutral adjusted EPS growth of 7%-9%
- Philip Morris reports Q4 adjusted EPS ex-RU/UA $1.23, consensus $1.24
- Philip Morris Reports Q4 Today: Here’s What to Expect