SandRidge Energy calls active on shareholder letter call for shakeup into Q3 SandRidge Energy November and December 7 calls are active on total call volume of 11K contracts (4K calls). November call option implied volatility is at 67, December is at 57, January is at 51 compared to its 26-week average of 56 according to Track Data. Large call volume suggests traders taking positions for larger price movement on TPG-Axon calling for a management/board shake up into the expected release of Q3 results on November 9.
News For SD From The Last 14 Days
Check below for free stories on SD the last two weeks.
SandRidge Energy valued as a failed enterprise, says Susquehanna Susquehanna remains positive on SandRidge Energy on the belief divestitures could aid performance and improve EBITDA. The firm adds shareholder activist attention will lead to more changes ahead and reiterates its Positive rating and $10 price target.
SandRidge Energy May volatility elevated into Q1 and outlook SandRidge Energy May call option implied volatility of 62, June and September is at 51; compared to its 26-week average of 54 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 8.