Juggling Clear Channel options

[Joelle]

Juggling Clear Channel options
      

Since Clear Channel’s prospects are decidedly unclear, option traders are playing the volatility angle, said Rebecca Engmann Darst, equity options analyst at Interactive Brokers Group.
“This morning’s news that radio broadcaster Clear Channel’s long-bedraggled takeover by T.H. Lee Partners and Bain Capital may indeed be dead air sent its shares plummeting,” Darst said.
“With more [...]
         

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