Potash volatility expected to move on speculation of being target
FLY ON THE WALL 9:07 AM ET 04/15/14
Potash (POT) volatility is expected to move on speculation that BHP Billiton (BHP) may again make a bid to take over the company after failing in a prior buyout attempt in 2010, according to the Globe & Mail. Overall option implied volatility of 24 is at its 26-week average according to Track Data, suggesting non-directional price movement.
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