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Tesoro TSO (news,
chart,
quote) - TSO calls active on renewed buyout chatter
TSO is recently up 01c to $9.24. TSO is the frequent subject of buyout chatter.
WTI crude futures are recently down 3.00% to $63.34 according to Bloomberg. TSO November 10 calls have traded 74 times on transaction volume of 1,681 contracts. TSO November option implied volatility is at 140, December is at 122; above its 26-week average of 89 according to Track Data, suggesting larger price fluctuations.
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