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Philip Morris call volume above normal and directionally bullish

Bullish option flow detected in Philip Morris (PM) with 77,640 calls trading, 22x expected, and implied vol increasing over 1 point to 29.25%. Mar-26 155 calls and Mar-26 160 calls are the most active options, with total volume in those strikes near 35,800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on April 22nd.

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