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Wachovia WB (news,
chart,
quote) - WB calls more active than puts: shares at 16-year low
WB is recently down 87c to $15.35. WB call option volume of 56,113 contracts compares to put volume of 37,393 contracts. WB July option implied volatility of 100 is above its 26-week average of 54 according to Track Data, suggesting larger price movement.
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