Monster Beverage calls active on renewed takeover chatter Monster Beverage February 50 and March 57 calls are active on total call volume of 2,100 contracts (350 calls). March call option implied volatility is at 56, June is at 49; compared to its 26-week average of 48 according to Track Data. Active call volume suggests traders taking positions for larger price movement on renewed takeover chatter.
Monster Beverage upgraded to Buy from Outperform at CLSA CLSA upgraded Monster (MNST) to Buy and raised estimates to reflect higher international growth forecasts from its partnership with Coca-Cola (KO). Price target raised to $130 from $110.