(Bloomberg) -- Trading in options to buy shares of
Komag Inc. surged to a record June 25, three days before Western
Digital Corp. agreed to acquire the maker of computer disk-drive
components for about $1 billion.
Call-option volume jumped to 19,030 on June 25, a more than
sevenfold increase from the 20-day average, and remained above
10,000 yesterday and the day before. Call volume this week is
almost equal to the total number of contracts traded during the
entire month of May. Western Digital's agreement was announced
after the close of U.S. exchanges yesterday.
Read more at Bloomberg Stocks News
Komag Inc. surged to a record June 25, three days before Western
Digital Corp. agreed to acquire the maker of computer disk-drive
components for about $1 billion.
Call-option volume jumped to 19,030 on June 25, a more than
sevenfold increase from the 20-day average, and remained above
10,000 yesterday and the day before. Call volume this week is
almost equal to the total number of contracts traded during the
entire month of May. Western Digital's agreement was announced
after the close of U.S. exchanges yesterday.
Read more at Bloomberg Stocks News
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