GoPro (GPRO) calls active as shares rally on Bank of America initiating with a Buy rating

September 16, 2016 12:13 PM EDT

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GoPro (NASDAQ: GPRO) September weekly call option implied volatility is at 97, October is at 75; compared to its 52-week range of 54 to 117 after Bank of America Merrill Lynch initiated coverage with a Buy rating and a $19 price target. September weekly and October 15 calls are active on total call volume of 26K contracts (12K puts).

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