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Pfizer merger chatter awakens Glaxo bulls

Volume in Glaxo options contracts surged to the highest level since 2007 this month

London

OPTIONS traders are getting busy with a UK stock they have rarely paid attention to.

Volume in GlaxoSmithKline Plc contracts surged to the highest level since 2007 this month, with traders paying record prices for bullish options relative to bearish ones.

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