Options Brief: Rowan Companies, Inc. (RDC)

Shares of Rowan Companies, Inc. RDC are higher on the session by 0.74%, trading at $38.20. Overall put volume is now running at 5.07x the daily average, with 73% of all puts traded being purchases on the offer. 2,319 contracts have traded on the session so far. Rowan Companies, Inc. is a provider of international and domestic contract drilling services. Rowan also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.