Chesapeake Energy (CHK) volatilility flat into Icahn reducing stake

September 20, 2016 6:49 AM EDT

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Chesapeake Energy (NYSE: CHK) is recently down 36c to $6.45 after Carl Icahn reduced his stake in the energy company. September weekly call option implied volatility is at 92, October is at 86; compared to its 52-week range of 62 to 240.

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