Shares of Forest Oil Corp. (FST) are down 1.21 today. FST is making a 52-week low.
Today paper traded 1000 FST Mar 2 calls for .19.? ADV is 1043 contracts.? The OI is 9 contracts.?
The volume went up in one large block.? This could be short term speculation on a bounce.? Looking farther out May 4 puts traded for 2.10 2400x with that volume showing buy.? The puts traded .15 over parity.? Two different opinions on the stock at this low level.
30-day implied volatility is %. ? 10-day implied volatility is 37%.? 30-day implied volatility is trading above the 10-day historical volatility.
Forest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in North America.