The Options Insider

Near-the-Money Call Buyers Pile into WFT

by | Apr 25, 2017 | Unusual Activity

49140 WFT May05 6 calls went up in 1 block on the CBOE.? ?

WFT

Shares of Weatherford International PLC (WFT) are trading up .11 to 5.60 today. WFT is near the lower end of the 52 week range.

  • Paper traded 49140 WFT May05 6 calls for .15.?
  • The ADV is 22k contracts.?
  • The OI is 1368 contracts.

The volume went up in 1 block on the CBOE.? ?Scattered buy volume pushed the strike action up to 50000+ contracts as it appears buyer want WFT.? IV is up today into the earnings on the 27th.

  • IV 30 is trading 69%
  • HV10 is trading for 40%.?
  • IV 30 is trading above the HV 10.

Weatherford International public limited company is a multinational oilfield service company. The Company’s segments include North America, Latin America, Europe/Sub-Sahara Africa (SSA)/Russia, Middle East/North Africa (MENA)/Asia Pacific and Land Drilling Rigs.