US Steel calls active renewed takeover chatter US Steel March 22 and 23 calls are active on total call volume of 10K contracts (1K puts) following renewed takeover chatter. March call option implied volatility is at 40, April is at 39, May is at 42; compared to its 26-week average of 44 according to Track Data. Active call volume suggests traders are positioning for upside price movement.
U.S. Steel makes management changes at European and North American operations U.S. Steel announced two management changes at its European and North American operating facilities. Scott Buckiso has been named vice president – European Solutions and president – U. S. Steel Kosice, succeeding George Babcoke, who has elected to retire following 39 years of service with the company. Amy Smith-Yoder will succeed Buckiso as general manager – Mon Valley Works. The changes are effective May 31. In his new role, Buckiso will assume executive responsibility for the company's operations in the Slovak Republic.