Options Brief: McDermott International

Shares of McDermott International

are higher on the session by 1.38%, trading at $21.28. Overall put volume is now running at 3.82x the daily average, with 72% of all puts traded being purchases on the offer. 2,036 contracts have traded on the session so far. McDermott International, Inc. is an engineering, procurement, construction and installation company. MII focuses on designing and executing complex offshore oil and gas projects worldwide. The company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning.