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AstraZeneca (AZN) Announces FDA Acceptance of Sodium Zirconium Cyclosilicate NDA Resubmission

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AstraZeneca (AZN) Gains on Novartis (NVS) Chatter

October 17, 2016 11:06 AM EDT

Upside in AstraZeneca (NYSE: AZN) is being attributed to a vague rumor that Novartis AG (NYSE: NVS) is looking to sell its 33.3% stake in Roche to make a cash bid for AstraZeneca.

AstraZeneca declined to comment on the speculation.

Shares of AZN are up 1.1%.

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AstraZeneca (AZN) declines to comment on M&A speculation - Bloomberg, citing spokesperson

October 17, 2016 10:48 AM EDT

AstraZeneca (NYSE: AZN) declines to comment on M&A speculation - Bloomberg, citing spokesperson

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AstraZeneca (AZN) October calls active

October 17, 2016 10:29 AM EDT

AstraZeneca (NYSE: AZN) October 30.5 and 31 calls are active on total call volume of 7,200 contacts (60 puts). October call option implied volatility is at 34, November is at 30; compared to its 52-week range of 33 to 74.

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