Shares of Endeavor International Corp. (END) are trading up .30 to $6.59.? Recent lows in END are around $6.
Paper bought a block of calls in size.?? A block of 2,640 END Dec 7.5 calls went up for .15.? Scattered call buying accompanied the block.? END average daily volume is 426 contracts.? Volatility is up 13.9% in December.?? Open interest is over 3,900 contracts with recent activity in this strike. The nature of the trade looks to be a call buyer on the big lift in implied volatility.?
30-day implied volatility is 68%.? ?10-day implied volatility is 64%.? 30-day implied volatility is trading just around the 10-day historical volatility showing some renewed interest in the stock.?
Endeavour International Corporation (END) is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the United Kingdom North Sea and the United States onshore.