AK Steel AKS shares are spiking this morning on take over chatter. This chatter seems to make it's rounds every month. Shares are currently trading up 32c or 2.4% on 4million shares.
Options traders speculated on the September 15 and 16 calls with nearly 8k trading across both strikes.
AKS 52 week: 11.34 - 26.7
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