Joy Global calls active after Terex receives takeover proposal from Zoomlion (TheFlyOnTheWall) FLY ON THE WALL 1:17 PM ET 1/26/2016 Symbol Last Price Change JOY 10.1595up +1.2795 (+14.41%) TEX 17.5687down +2.5587 (+17.05%) QUOTES AS OF 01:23:26 PM ET 01/26/2016 Joy Global (JOY) January weekly 10.5 and 11 calls are active on total call volume of 5000 contracts (200 puts) after Terex(TEX) receives takeover proposal from Zoomlion. January weekly call option implied volatility is at 107, February is at 89; compared to its 52-week range of 28 to 95. Active call volume suggests traders taking positions for large price movement.