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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Read More on IP:
- International Paper downgraded to Underperform from Neutral at Exane BNP
- International Paper price target raised to $63 from $52 at Seaport Research
- International Paper price target raised to $61 from $57 at Truist
- International Paper price target raised to $64 from $56 at RBC Capital
- International Paper’s Q3 Results and Profit Forecasts
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