Shares Gulfport Energy Corp. (GPOR) are down 1.10 to 57.47.? GPOR is near the lower end of the 52 week range.
Today paper traded 5000 Oct 57.5 puts/Oct 60 call for 8.4.? The ADV is 2059 contracts. The OI is 5156 on the puts and 44 on the calls.
The volume went up in 2 blocks.? The trade as it printed went up lifting the offer at the time.? Similar trades trade went up earlier in the day on the same exchange 1077 times with paper buying the 62.5/6+5 call spread and with the put trading in the middle of the market.? The bias seems to be buying the Oct 60 calls overall as the bid increases a bit. Oct Volatility is up 1.13 today.?
?30-day implied volatility is 45%.?? 10-day implied volatility is 26%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay, or WCBB, and Hackberry fields, and in West Texas in the Permian Basin.