Options Brief: Dril-Quip, Inc. (DRQ)

Shares of Dril-Quip, Inc. DRQ are higher on the session by 2.95%, trading at $73.98. Overall call volume is now running at 8.53x the daily average, with 9% of all calls traded being purchases on the offer. 2,193 contracts have traded on the session so far. Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment that is suited for use in deepwater, harsh environment and severe service applications.