FEMSA (FMX) October elevated volatility on deal discussions
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FEMSA (NYSE: FMX) is recently down 1c to $45.98. FMX released a statement on October 1 saying it was "in discussions with several parties to explore opportunities involving its beer business." FMX October option implied volatility is at 52, November is at 43, January is at 41; verses its six-month average of 42 according to Track Data. Paul Foster
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