CommScope (COMM) volatility elevated into Arris (ARRS) acquiring

CommScope (NASDAQ: COMM) November call option implied volatility is at 84, December is at 50; compared to its 52-week range of 20 to 75 into acquiring Arris (ARRS) in an all-cash transaction for $31.75 per share, or a total purchase price of approximately $7.4B. Call put ratio 1 call to 3 puts with focus on November 22 puts.

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