PBF Energy (PBF) spreader of August 50 calls, August 55 calls and August 60 calls, share price up 8.1%

PBF Energy (NYSE: PBF) 30-day option implied volatility is at 74; compared to its 52-week range of 55 to 89. Call put ratio 10 calls to 1 put with a focus on a spreader of August 50 calls, August 55 calls and August 60 calls as share price up 8.1%.

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