Calls Purchased on Noble Corp. (NE)

Shares of Noble Corp. NE are higher on the session by 3.55%, currently trading at $29.47. The stock has been consolidating near the $30.00 level after falling throughout all of May. Options traders are picking up some calls on the name today. The July $30 strike was purchased upwards of 26,000 times; open interest on that strike is only 4,333 contracts. There has also been several 1,000 lot trades on the July $32, $33, and $34 strike calls. Call volume is now running at 3.3x the daily average. Noble Corporation is an offshore drilling contractor for the oil and gas industry. The company performs contract drilling services with its fleet of 62 mobile offshore drilling units. This fleet consists of 13 semisubmersibles, four drillships, 43 jackups and two submersibles.