Quicksilver Resources Inc (KWK) $8.43 +3.50%

| November 4, 2011 | 0 Comments More

Bullish flow in Quicksilver (KWK) is focused on Nov 9 calls. Shares of the Fort Worth, TX oil and gas company are up 30 cents to $8.45 and 12,191 traded (60 pecent Ask) against 1,029 in open interest. Implied volatility is up 12 percent to 100. Looks like speculative upside call buying, perhaps a play on earnings — due Monday morning.

Category: All Stocks, Oil & Gas Producers, Small Cap Stocks

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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