International Paper call volume above normal and directionally bullish
The Fly

International Paper call volume above normal and directionally bullish

Bullish option flow detected in International Paper (IP) with 13,844 calls trading, 7x expected, and implied vol increasing almost 2 points to 24.96%. Nov-24 49.5 calls and Nov-24 50 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.00. Earnings are expected on January 30th.

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