Shares of Kodiak Oil and Gas Corp. (KOG) are up .37 to 12.49.?? KOG is near the upper end of the 52 week range.
Today paper traded 11872 KOG Jun 12/13 call spread at .40.? ADV is 4103 contracts.? The OI is 27k over 10k contracts.
The volume went in 2 large blocks.? Given the OI this is probably closing a long call spread purchased for smaller dollars.? The early close is curious with the Jun expiration cycle but a profit is a profit as KOG is at near term highs.
30-day implied volatility is 39%.? ?10-day implied volatility is 42%.? 30 day implied volatility is trading below the 10 Day Historical
Kodiak Oil & Gas Corp. (Kodiak) is an independent energy company focused on the exploration, exploitation, acquisition and production of crude oil and natural gas in the United States.