Michael Kors (KORS) October calls active for second day as shares rally

October 19, 2016 9:46 AM EDT

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Michael Kors (NYSE: KORS) October 48 and 48.50 calls are active on total call volume of 3,310 contracts (400 puts) on renewed takeover chatter. October call option implied volatility is at 38, November is at 43; compared to its 52-week range of 25 to 64.

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