Anheuser-Busch (NYSE: BUD) is recently trading at $66.50 in pre-open trading, above its close of $61.21.
The WSJ reported InBev has increased its offer to $70.
BUD July and August option implied volatility of 26 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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