Shares of Comstock Resources Inc (CRK) are up .06 to 19.80 today.? CRK is trading at a 52 week high.
Today paper traded 6000 CRK Jun 20 calls for 1.80 today.? ADV is? 997 contracts.? The OI is 8589 contracts.?
The volume went up in one block lifting the offer.? The trade was still 1.80 bid to fill when more paper came in to sell.? The trade could be closing a short call position but it would be worth checking if this was an addition to existing open interest.? The stock is just from the $17 level with IV on the higher side which suggest more buy interest.
30-day implied volatility is 41%. ? 10-day implied volatility is 34%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Comstock Resources Inc (Comstock) is engaged in the acquisition, development, production and exploration of oil and natural gas.?