12000/8000 WLL Mar 16 calls over Mar 8 puts went up in 2 blocks on the PHLX marked buy-write.?
Shares of the Whiting Petroleum Inc. (WLL) are up 2.81 to 12.19 today.? ?WLL is at the middle of the 52 week range.
- Paper traded 12000/8000 WLL Mar 16 calls over Mar 8 puts for .30 and .50.? ?
- ADV is 23225.
- The OI is 616 on the put and 272 on the call.
The volume went up in 2 blocks on the PHLX marked buy-write.? 300k shares went up making this trade essentially delta and premium neutral.? It is either stock replacement or an upside backspread targeting the 20s.? More of the same volume went up on different floors.
- IV 30 is trading for 67%.?
- HV10 is trading for 60%.?
- IV 30 is above the HV 10.
Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains and Permian Basin regions of the United States.