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 2,822 calls trading, 1.0x expected, and implied vol increasing over 1 point to 20.42%. 9/29 weekly 96 calls and Dec-23 105 calls are the most active options, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 0.44. Earnings are expected on October 19th.

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