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Philip Morris call volume above normal and directionally bullish
The Fly

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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