Notable Call Options Activity in RPC

Shares of RPC

are higher on the session by 2.54%, currently trading at $19.79. The stock has been moving largely lower over the past five weeks, though is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $22.50 call, which has traded 1,200 times on open interest of 1,939 contracts. Calls are also active in Jan2012. Calls are outpacing puts today by 10 to 1. RPC, Inc. is a holding company. RPC provides a range of specialized oilfield services and equipment primarily to oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Rocky Mountain and northeast regions, and in selected international markets.