British American Tobacco (BTI) call put ratio 1 call to 6.1 puts on reports the FDA will propose ban on menthol cigarettes

British American Tobacco (NYSE: BTI) November call option implied volatility is at 58, December is at 32; compared to its 52-week range of 18 to 33. Call put ratio 1 call to 6.1 puts on reports the FDA will propose ban on menthol cigarettes.

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