Smart money activity in the past 24 hours that is out of the ordinary. It includes stock options bought on the ask or sold on the bid with unusual size and daily volume compared to open interest.
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products. It operates through following segments: Packaging, Paper and Corporate and Other. The Packaging segment offers various corrugated packaging products. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers and market pulp. The Corporate and other segment include support staff services and related assets and liabilities, transportation assets, and activity related to other ancillary support operations. The company was founded in 1959 and is headquartered in Lake Forest, IL.
Call trades that are bought on or above the market's asking price OR put trades that are sold on or less than the market's bid price - expecting a move to the updside.