Bear Stearns (BSC) implied volatility is coming down following news the company will, on May 29, hold a shareholder meeting to consider approval and adoption of the merger with JP Morgan. IV of at-the-money options has gapped down 33 percent this morning.
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Bear Stearns Companies Inc (BSC) $10.67 -1.12%
Posted on April 28th, 2008 10:01 am
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