Shares of Exterran Holdings Inc. (EXH) are up .28 to 43.54 today.? ?EXH is trading near the top of the 52 week range.
Today paper traded 500 EXH Nov 35 puts and 500 EXH Nov 50 calls at 1.55. ?The ADV is 676. ?The OI is 3003 and 1350 contracts.
The volume went up in two block midmarket.? Volume on this strike is moving up with some scattered paper trading calls in between the markets with the puts closer to the bid.? The trade looks selling puts and buying calls.? Check the OI tomorrow to see if this is an unwind of a collar or more of a Risk Reversal as EXH get up to new highs.
?30-day implied volatility is 21%.?? 10-day implied volatility is 7%.? 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.?