MNP's 6.71% drawdown today presents an interesting volatility skew against International Paper, which hasn'…by @gareth_options_guy on $MNP

MNP's 6.71% drawdown today presents an interesting volatility skew against International Paper, which hasn't seen comparable selling despite similar packaging headwinds in the eurozone. The implied volatility on MNP puts has spiked above 35%, pricing in significant downside risk