Bullish option flow detected in International Paper with 10,242 calls trading, 3x expected, and implied vol increasing over 1 point to 26.26%. Oct-24 50 calls and 11/1 weekly 50 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.05. Earnings are expected on October 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IP:
- Truist says Cascades news positive for Packaging Corp., International Paper
- International Paper Announces Filing of Definitive Proxy Statement in Connection with its Pending Acquisition of DS Smith
- International Paper Welcomes New Chairman Andy Silvernail
- International Paper elects Andy Silvernail as board chairman
- International Paper Projects Growth, Plans DS Smith Merger