Bill Barrett Spokesperson Comments On Wednesday's Option Volume; 13,000% of Average

A spokesperson for Bill Barrett

told Benzinga she believes Wednesday's massive option activity is due to a positive report from Newfield Exploration

, who has an adjacent parcel in the Uinta Basin in Utah. Call volume today stands at 6,726% of average, while put volume is at 6,644% of average. Bill Barrett reports earnings on May 3.