Exterran Holdings (EXH) adds 54 cents to $9.43 and is trying to recapture some of the 50 percent loss suffered since August. Some players in the options market don’t seem convinced recent gains can hold, as downside puts on the Houston, TX are seeing some interest today. May 7.5s are the most actives. 5,011 traded (91 percent Ask) against 556 in open interest. Mar 7.5, May 5 and Aug 5 puts are seeing a small amount of interest and implied volatility in the options is up almost 10 percent to 71.5. Earnings expected around Feb 23.
About the Author (Author Profile)
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.