Rowan Companies (RDC) adds 3.8 percent to $34.36 and is on a two-day 9.9 percent run higher. Bullish options order flow has accompanied today’s move. Morning trades include a multi-exchange sweep of Feb 40 calls traded at the 15-cent asking price. 1,080 now traded against zero in open interest and data hint at opening customer buyers. Jan 35 Feb 36, Feb 37 and Feb 39 calls on the oil driller are seeing interest as well and implied volatility is up 7.5 percent to 39. 4,225 calls and 585 puts traeded on the stock, which is 9X the daily average. No headlines on RDC today. Earnings expected Feb 28.

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