Shares of Exterran Holdings, Inc. are up .94 to 39.18 today.? EXH is making a 52-week high.
Today paper traded 1000/2500 EXH Mar 35/40 calls spreads for 4.10 over .85.? ADV is 353 contracts.? The OI is 1128 and 46 contracts.?
The volume went in a ratio spread.? The Mar 35 calls look like a sell to close .04 over parity on the big jump in EXH share price and the 40 level calls are an opening buy.? More selling volume did show up right after the 2500 print so the 40 level trade could be in doubt as to direction or if an accommodation closed.
30-day implied volatility is 26%. ? 10-day implied volatility is 23%.? 30-day implied volatility is trading above the 10-day historical volatility.?
Exterran Holdings, Inc. (Exterran) is engaged in the full-service natural gas compression business.?