Monster Beverage (MNST) volatility increases on report of talks with Coca-Cola

Monster Beverage (Nasdaq: MNST) is recently up $9.91 to $75.44 on Coke-Cola (NYSE: KO) into talks to buy Monster Beverage, WSJ reports. Canaccord say’s “on the intraday price of about $75, a take-out premium could still exist, but we suspect it would be limited.: June call option implied volatility of 49 is above its 26-week average of 36 according to Track Data, suggesting larger price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Novavax (NVAX) 11K contracts of August 28 weekly 9 calls trade, share price up 8.8%
• Brighthouse Financial (BHF) call put ratio 1 call to 1.5 puts amid active volume and wide price movement
• Merck (MRK) call put ratio 3 calls to 1 put with a focus on 6K contracts of November 135 puts