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AK Steel (AKS) volatility low; shares up in pre-open on steel product price increases

June 19, 2009 7:47 AM EDT
AK Steel (NYSE: AKS) : AK Steel is recently trading at $19.45 in pre-open trading, above its close of $18.84. AKS announced price increases for carbon and stainless steel products. AKS July option implied volatility is at 99, September is at 92; below its six-month average of 104, according to Track Data, suggesting decreasing price movement. Paul Foster

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