Options Brief: Parker Drilling Company (PKD)

Shares of Parker Drilling Company PKD are higher on the session by 2.41%, trading at $7.23. Overall call volume is now running at 2.82x the daily average, with 50% of all calls traded being purchases on the offer. 1,407 contracts have traded on the session so far. Parker Drilling Company is a provider of contract drilling and drilling-related services. As of December 31, 2009, the company operated in five business segments: International Drilling, including land drilling and inland barge drilling, United States Drilling, Rental Tools, Project Management and Engineering Services and Construction Contract.