Options Brief: McDermott International (MDR)

Shares of McDermott International MDR are higher on the session by 2.26%, trading at $23.09. Overall call volume is now running at 4.53x the daily average, with 3% of all calls traded being purchases on the offer. 5,518 contracts have traded on the session so far. McDermott International, Inc. is an engineering, procurement, construction and installation company. MII focuses on designing and executing complex offshore oil and gas projects worldwide. The company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning.