Options Brief: McDermott International (MDR)

Shares of McDermott International MDR are higher on the session by 2.71%, trading at $23.08. Overall put volume is now running at 4.86x the daily average, with 0% of all puts traded being purchases on the offer. 1,007 contracts have traded on the session so far. McDermott International, Inc. is an engineering, procurement, construction and installation company, focused on the offshore upstream oil and gas market worldwide. The company provides EPCI services related to offshore fixed and floating production facilities, pipelines and subsea systems primarily for oil and gas companies.