CenturyLink (CTL) implied volatility and share price decreases after announcing merger with Level 3 (LVLT)

October 31, 2016 12:00 PM EDT

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CenturyLink (NYSE: CTL) November call option implied volatility is at 32, December is at 31; compared to its 52-week range of 21 to 59 after announcing a merger with Level 3 (LVLT).

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