ON Semiconductor (ON) call put ratio 1 call to 1.6 puts into acquiring Synaptics (SYNA) in $7B all-stock transaction

ON Semiconductor (NASDAQ: ON) 30-day option implied volatility is at 83; compared to its 52-week range of 40 to 84. Call put ratio 1 call to 1.6 puts into acquiring Synaptics (SYNA) in $7B all-stock transaction.

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