Restoration Hardware (RH) calls active on sharp rally

September 29, 2016 11:19 AM EDT

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Restoration Hardware (NYSE: RH) September weekly 32.50 and 33 calls are active on total call volume of 1,800 contracts (133 puts) on renewed takeover chatter. September weekly call option implied volatility is at 67, October is at 52; compared to its 52-week range of 29 to 79.

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