Teva Pharma (TEVA) weekly calls bid up on renewed takeover speculation

November 2, 2016 10:10 AM EDT

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Teva Pharma (NYSE: TEVA) November 44 and 44.50 weekly calls are active on total call volume of 6,700 contracts (850 puts) on renewed takeover speculation. November weekly call option implied volatility is at 39, November is at 41; compared to its 52-week range of 21 to 56. Teva is expected to report Q3 results on November 15.

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