Pinnacle Foods (PF) volatility elevated on active volume

Pinnacle Foods (PF) June call option implied volatility is at 50, July is at 42; compared to its 52-week range of 19 to 47 into Reuters reporting the food manufacturer was approached by ConAgra Brands (CAG) about a possible takeover. June 65 and September 75 calls were active on total call volume of 8,446 contracts (5,275 puts).

You May Also Be Interested In

• Tesla Crash Into Texas Home Now Under Federal Safety Probe - WSJ
• FedEx (FDX) call put ratio 1 call to 1.5 puts into quarter results
• Trump: everybody is fully aware that Iran will agree to have major weapons inspections in order to ensure "nuclear honesty" long into future