Keurig Green Mountain calls active on renewed takeover chatter Keurig Green Mountain June weekly and June 120 calls are active on 16K contracts (2K puts) on renewed takeover chatter. June call option implied volatility is at 39, July is at 38, September is at 43; compared to its 26-week average of its 26-week average of 44 according to Track Data. Active call volume suggests traders taking positions for large price movement.
Keurig Green Mountain price target lowered to $95 from $117 at BofA/Merrill BofA/Merrill lowered Neutral rated Keurig Green Mountain's price target to $95 from $117 and lowered estimates to reflect 2016 spending and slower hot platform growth. The firm expects 2016 to be a significant investment year and lowered its hot brewer expectations due to a muted consumer reception for second generation brewers.