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Under Armour UA (news,
chart,
quote) - UA puts bid up on shares being difficult to borrow
UA closed at $34.20. UA is hosting an investor meeting today. UA June call option implied volatility is at 47, puts are at 68. UA average option implied volatility over the last 6-months is 53 according to Track Data. UA puts volatility is higher than call volatility because UA is difficult to borrow.
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