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Philip Morris call volume above normal and directionally bullish

Bullish option flow detected in Philip Morris with 5,015 calls trading, 2x expected, and implied vol increasing over 1 point to 18.88%. Dec-23 105 calls and Oct-23 105 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.16. Earnings are expected on October 19th.

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