SolarCity (SCTY) volatility flat into receiving a takeover offer from Tesla (TSLA)

SolarCity Corp (NASDAQ: SCTY) June weekly call option implied volatility is at 90, July is at 77, August is at 88; compared to its 52-week range of 34 to 176 into Tesla (NASDAQ: TSLA) offering to acquire for $26.50-28.50 per share in an all-stock deal. Both Tesla and SolarCity are headed by Elon Musk.

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• AbbVie (ABBV) April weekly option implied volatility into quarter results
• Western Digital (WDC) April weekly 70 straddle into quarter results