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International Paper put volume heavy and directionally bearish
The Fly

International Paper put volume heavy and directionally bearish

Bearish flow noted in International Paper with 1,439 puts trading, or 1.6x expected. Most active are Jan-25 40 puts and 10/25 weekly 49 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.76, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 31st.

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