DRQ is a $1.62B manufacturer of drilling equipment. The LIVEVOLTM Pro Summary is below.
The company averages 401 option contracts traded a day - today with an hour left in the trading day - 1954 contracts have traded. And every single trade is a call - zero puts have traded. You can see the Company Tab snap below (click to enlarge).
1500+ of the volume is the Jan 60 Calls against OI of just 25. These are all opening trades. You can see the day's largest trades (Company Tab) and the Options Tab snap below (click to enlarge).
This may be one to keep an eye on; opening call purchases on a small(ish) driller in a industry known for consolidation. This name at one point was a takeover candidate.
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