Options Brief: Patterson-UTI Energy

Shares of Patterson-UTI Energy PTEN are higher on the session by 0.18%, trading at $33.65. Overall call volume is now running at 2.20x the daily average, with 52% of all calls traded being purchases on the offer. 3,356 contracts have traded on the session so far. Patterson-UTI Energy, Inc. owns and operates fleets of land-based drilling rigs in the United States. Patterson-UTI's contract drilling business operates in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia and western Canada.