Newfield Exploration Co. (NFX) closed at 29.83, up .58 yesterday.? NFX is trading at near-term highs.
Yesterday paper traded 2,286 of the NFX Jun 38 puts for 8.20.? Open interest is over 14,500 on the Jun strikes and looks like closing paper. NFX trades 1,938 contracts per day on average. The trade went up marked as buy write which could be a customer closing a put and stock transaction with the price on the tape going up on the bid.? IV is flat.
30-day implied volatility is 33%.? ?10-day implied volatility is 20%.? 30-day implied volatility is trading over the 10-day historical volatility.?
Newfield Exploration Company (Newfield) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids.