What's Next For Charter Stock After the Cable Merger?

Core Viewpoint - Charter Communications Inc has announced a merger with Cox Communications valued at $34.5 billion, which includes $21.9 billion in equity and $12.6 billion in net debt, potentially reshaping the broadband and cable competitive landscape [1] Group 1: Stock Performance - Charter stock is currently trading at $433.47, up 3.3%, marking its fifth consecutive win and 14th gain in the last 16 sessions, with a year-over-year increase of 51.5% [2] Group 2: Options Activity - Options traders are highly active, with intraday options volume at 8 times the typical level, particularly in the May 415 put contract, indicating a potential unwinding of pessimism among short-term traders [3] Group 3: Volatility Metrics - Charter's Schaeffer's Volatility Index (SVI) is at 28%, ranking in the 3rd percentile of its annual range, suggesting that the premium is affordably priced, while the Schaeffer's Volatility Scorecard (SVS) is at 12 out of 100, indicating the stock is a prime candidate for premium selling [4]