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Huntsman HUN (news,
chart,
quote) - HUN volatility Spikes on heavy volume on sharp sell-off
HUN, a chemical company, is recently down $3.67 to $9.85. Apollo Managements backed out of merger a $28 cash merger agreement with HUN in mid-June. HUN call option volume of 22,611 contracts compares to put volume of 9,979 contracts. HUN November option implied volatility of 211 is above its 26-week average of 119 according to Track Data, suggesting larger price movement.
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