Calls Purchased on Key Energy Services (KEG)

Shares of Key Energy Services, Inc. KEG are lower on the session by 2.12%, currently trading at $15.22. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the June $12.50 call was purchased 1,000 times, on the offer, for $2.85 on open interest of 1,126 contracts. Overall call volume is now running at 8.56x the daily average with 99% of all calls traded being purchases on the offer. Key Energy Services, Inc. provides a range of services to oil companies, foreign national oil companies and independent oil and natural gas production companies, including rig-based well maintenance and workover services, well completion and recompletion services, fluid management services, pressure pumping services, fishing and rental services, wireline services and other ancillary oilfield services.