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American Axle AXL (news,
chart,
quote) - AXL put volume & volatility Up; shares at seven-year low
AXL, a tier supplier to the automotive industry, is recently down 17c to $8.44. AXL call option volume of 6,214 contracts compares to put volume of 12,049 contracts. AXL July option implied volatility of 100 is above its 26-week average of 58 according to Track Data, suggesting larger price movement.
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