Air Products options active on speculation itís a target of Bill Ackman Air Products August 105 and 110 calls are active on total call volume of 5K contracts (2K puts). August call option implied volatility is at 29, September is at 24, January is at 20; compared to its 26-week average of 17 according to Track Data. Active option volume suggests traders taking positions on speculation the company is a target of Bill Ackman, CNBC's Faber says.
Air Products upgraded at Credit Suisse As previously reported, Credit Suisse upgraded Air Products to Outperform from Neutral. The firm upgraded shares based on valuation and reiterates its $150 price target.