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Bear Stearns BSC (news,
chart,
quote) - BSC Puts active on a spike in implied volatility on Hedging
BSC is recently down $4.90 to $153.33. BSC call option volume of 12,700 contracts compares to put volume of 38,830. BSC March option implied volatility of 37 is above its 26-week average of 26 according to Track Data, suggesting larger risks.
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