International Paper (IP) calls active on renewed takeover chatter

September 30, 2016 11:25 AM EDT

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International Paper (NYSE: IP) September weekly 48 and October weekly48.50 calls are active on total call volume of 6,600 contracts (124 puts) on renewed takeover chatter. October weekly and October call option implied volatility is at 23; compared to its 52-week range of 20 to 39.

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