INTERNATIONAL PAPER CO /NEW/ (IP) Most Active Options

The 25 most actively traded INTERNATIONAL PAPER CO /NEW/ (IP) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$40.92
52-week range
$29.49 – $49.70
ATM IV (30d)
35.5%
IV rank
6 / 100
Low
Expected move
±$2.40 (±5.9%)
Put/call OI
1.24
Put-heavy
Max pain
$40
↓ 2.2% below close
Next earnings
Nov 1, 2026

Most Active IP Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
IP $35 put Oct 16, 2026 52d $0.40 38.8% 8 -0.13 295 1,002 64.8× avg
IP $32.5 put Apr 16, 2027 234d $1.80 41.8% 8 -0.20 0 500 7.7× avg
IP $39 put Aug 28, 2026 3d $0.10 13 264
IP $42.5 call Nov 20, 2026 87d $2.60 42.0% 57 0.47 19 116 6.6× avg
IP $45 call Jan 21, 2028 514d $6.30 43.1% 79 0.52 232 101 10.5× avg
IP $44 call Sep 18, 2026 24d $0.48 37.0% 9 0.24 6 51 5.0× avg
IP $44 call Sep 4, 2026 10d $0.20 41.4% 34 0.16 81 40 7.7× avg
IP $42.5 put Sep 18, 2026 24d $2.40 30.4% 2 -0.67 215 38 12.9× avg
IP $32.5 put Oct 16, 2026 52d $0.20 41.4% 2 -0.06 251 37 8.9× avg
IP $40 put Sep 18, 2026 24d $1.05 33.4% 3 -0.37 626 32 5.9× avg
IP $40 put Oct 16, 2026 52d $1.75 34.4% 0 -0.40 137 31 1.8× avg
IP $41 call Aug 28, 2026 3d $0.50 42.6% 25 0.50 140 31 1.5× avg
IP $42.5 call Oct 16, 2026 52d $1.67 38.4% 52 0.43 513 27 1.5× avg
IP $40 put Jan 15, 2027 143d $3.50 37.9% 8 -0.42 142 24 5.9× avg
IP $41 put Sep 18, 2026 24d $1.55 33.1% 24 -0.49 1 23 2.9× avg
IP $40 put Aug 28, 2026 3d $0.30 36.1% 24 -0.22 317 18 0.7× avg
IP $41 call Sep 18, 2026 24d $1.37 35.6% 11 0.51 15 16 3.0× avg
IP $40 call Sep 18, 2026 24d $1.90 0.0% 0 1.00 679 15 3.2× avg
IP $42.5 call Jan 15, 2027 143d $3.35 40.6% 75 0.49 271 15 1.6× avg
IP $42.5 call Sep 18, 2026 24d $0.90 950 14
IP $37.5 put Nov 20, 2026 87d $1.80 0.0% 0 1.00 33 13 0.8× avg
IP $35 put Nov 20, 2026 87d $1.08 40.9% 8 -0.19 40 12 0.8× avg
IP $42 call Sep 25, 2026 31d $1.30 36.8% 48 0.43 64 10 0.8× avg
IP $42 call Aug 28, 2026 3d $0.25 44.1% 26 0.28 98 10 0.5× avg
IP $40 call Oct 16, 2026 52d $2.87 39.2% 27 0.59 224 10 1.8× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active IP contract today is the $35 put expiring in 52 days, with 1,002 contracts traded. Calls dominate the most-active list (13 of the top 25), showing where trading interest concentrates. 2 of these contracts are running well ahead of the usual daily volume.

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IP Options FAQ

Which IP option contract is most active today?

The most traded IP contract is the $35 put expiring Oct 16, 2026, with 1,002 contracts traded as of Aug 25, 2026.

How does OptiView rank the most active IP options?

The table lists the 25 IP contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.