Shares of Weatherford International PLC (WFT) are down .14.? WFT is near the middle of 52 week range.

  • Paper 49300 WFT Jun16 8 calls for 21.
  • The ADV is 20682 contracts.?
  • The OI is 365 contracts.

The volume went up in 1 block on the ARCA.? These calls are most likely part of a buy write where the stock owner wants to generate some upside yield into Jun.? they are opening paper and the outlook for WFT is to stay under $8.

  • IV 30 is trading for 58%.?
  • HV10 is trading for 61%.?
  • IV 30 is trading below the HV 10.

Weatherford International public limited company is a multinational oilfield service company.