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International Paper call volume above normal and directionally bullish

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.

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