Notable Options Activity in Chesapeake Energy Corporation
Shares of Chesapeake Energy Corporation (NYSE: CHK) are lower on the session by 8.5%, currently trading at $17.47
Option volatilities are higher with April +32.3 points, May +13.3 points, and June 8.2 points. The strike seeing the heaviest action is the April 2012 $18.00 put, which has traded 9,500 times on open interest of 4,700 contracts.
There is a story about the CEO taking out loans on to finance stakes in some of the company's wells.
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