AK Steel Shares Rise On Take Over Speculation (AKS)

AK Steel (NYSE: 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.

(NYSE: AKS) 52 week: 11.34 - 26.7