Shares of QEP Resources Inc. (QEP) are down .53 to 32.52 today.? ?QEP is near the upper end of the 52 week range.
Today paper traded 1929 QEP Sep 35 puts for 2.80. The ADV is 3196 contracts. The OI is 30138 contracts.
The volume went up in one large block.? Total volume is over 6200 contracts as a trader races to close some puts.? This looks like a closing put where traders got in at lower levels in QEP.? The recent selloff is forcing them to take profits.
30-day implied volatility is 28%.?? 10-day implied volatility is 16%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
QEP Resources, Inc. (QEP) is a holding company. The Company operates in three lines of business: gas and oil exploration and production, midstream field services, and energy marketing.