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Alcoa (AA) July volatility elevated into shares rally on Q2 and outlook

July 12, 2016 6:38 AM EDT

Alcoa (NYSE: AA) is recently up 39c to $10.14 in the premarket after reporting better than expected Q2 results and outlook. July call option implied volatility is at 87, August is at 50; compared to its 52-week range of 29 62.



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