Nabors Industries (NBR +4.4%) tops the S&P 500 on speculation that it could be a takeover...

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

Nabors Industries (NBR +4.4%) tops the S&P 500 on speculation that it could be a takeover candidate after the departure of its 81-year-old CEO. In the past two weeks, option calls priced 10% above NBR stock rose the most in 18 months vs. puts on one-month contracts, signaling traders are anticipating an acquisition, Jones Trading says.