TIBX Jun 21 calls are seeing interest ahead of a Gartner conference on Wednesday June 4 with 2010 contracts trading vs. open int of 300, pushing implied vol up around 7 points to ~45% -- we noted unusual call activity last week following SAP for TIBX M&A speculation (see 5/27 13:33 OPTNX). Co is expected to report earnings mid-June, possibly falling within June expiration
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