GW Pharmaceuticals (GWPH) September 100 and 105 calls active after report of takeover interest

September 7, 2016 3:15 PM EDT

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GW Pharma (NASDAQ: GWPH) September 100 and 105 calls are active on total call volume of 2,900 contracts (1,500 puts) on working with bankers after takeover approaches, Reuters says. September call option implied volatility is at 87, October is at 59; compared to its 52-week range of 36 to 289.

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