Cypress Semiconductor (CY) calls active on renewed takeover reports

September 2, 2016 1:35 PM EDT

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Cypress Semiconductor (NASDAQ: CY) September 11, 12 and 13 calls are active on total call volume of 6K contracts (1K puts) after Dealreporter said sources tell it that the company is working with Morgan Stanley after receiving interest from potential suitors. September call option implied volatility is at 66, October is at 51; compared to its 52-week range of 33 to 84.

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