Newell Brands (NWL) volatility flat into Stanley Black & Decker (SWK) acquiring tool business

October 12, 2016 7:14 AM EDT

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Newell Brands (NYSE: NWL) October call option implied volatility is at 23, November is at 24; compared to its 52-week range of 19 to 57 into Stanley Black & Decker (SWK) announcing that it has entered into a definitive agreement to acquire its Tools business for $1.95B.

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