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Philip Morris call volume above normal and directionally bullish

Bullish option flow detected in Philip Morris with 3,939 calls trading, 3x expected, and implied vol increasing almost 2 points to 17.78%. Dec-23 100 calls and Oct-23 97 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.37. Earnings are expected on October 19th.

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