Waste Management (WM) options active on downgrade to Underperform from Neutral

Waste Management (NYSE: WM) was downgraded to Underperform from Neutral and its price target lowered to $34 from $40 at Wedbush. July 37 calls and July 36 puts are active with coverall option implied volatility of 18 near its six-month average of 19 according to Track Data.

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