Shares of Teekay Offshore Partners LP (TOO) are trading up .22 to 29.38.? The shares are trading near the 52-week highs.
Today paper rolled the TOO Mar 29/Apr 30 call spread for a .10 debit.? Average volume is 780 contracts per day in the name.? Open interest is 3,626 contracts in the Mar 29 calls and 0 in the Apr 30s.
The trade printed in one block of 3195 contracts that looks like a call overwriter.? Apr volatility is down .6 points.
30-day implied volatility is 21%.?? 10-day implied volatility is 6%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Teekay Offshore Partners L.P. (Teekay Offshore) is an international provider of marine transportation and storage services to the offshore oil industry.